• Home
  • Categories
  • News
  • Community
EN
EN
Home
CategoriesNewsGlossaryCommunityAbout Us
Contact Us
Social Media
Region
🌏International
Region
🌏International

Copyright © 2023-2026 Traderknows Ltd. All rights reserved.

Contact
Home
/
News
/
Musk tweets: $10B in autonomous driving, challenges unimaginable.

Musk tweets: $10B in autonomous driving, challenges unimaginable.

TraderKnowsTraderKnows
2024-04-08
Summary:New energy vehicles have been a hot topic in recent years, and Tesla is undoubtedly a leader in the field. Autonomous driving is also one of Tesla's key focuses.

On April 8th, Tesla CEO Elon Musk posted an update on the X (Twitter) platform revealing some recent developments at Tesla, mainly regarding autonomous driving.

In this tweet, Musk disclosed that Tesla will continue to focus on and invest in autonomous driving technologies. Despite the immense challenges and unimaginable difficulties in achieving fully autonomous driving, Tesla is committed to significantly increasing its investment to realize complete autonomous driving capabilities. To date, more than 10 billion USD has been spent on training their autonomous driving systems.

Despite the hefty expenditure, Tesla has not wavered but has decided to persist, as compared to the astronomical costs of investing in new energy vehicles, the expense of developing full autonomous driving is considered "insignificant".

Recently, Tesla has begun to promote autonomous driving on a large scale, even mandating that each store's service personnel must let the car owners experience the autonomous driving feature before delivery. This mandatory requirement, rather than a recommendation, demonstrates Musk's confidence in Tesla's FSD (Full Self-Driving) technology.

SKYPE 图

公众号2

Risk Warning and Disclaimer

The market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.

The End
Previous
Next
Comments
0/1000
TraderKnows
Written byTraderKnows
Created date:2024-04-08 06:47
Last Updated:2024-04-08 07:16
Independent Analysis: Manually researched and fact-checked by the TraderKnows Compliance Team, based on public regulatory records.
Wiki
Technology stocks

Technology stocks refer to the shares of companies engaged in research and development, production, and sales within the technology industry. These companies are primarily involved in information technology, telecommunications, semiconductors, software development, and other sectors. Their shares are often considered to have higher growth potential and risk.

Recent Post

Trump Invokes Defense Production Act with 850 Million USD for Coal Power to Meet AI Demand

06-05

NY Fed Index Shows High Supply Chain Pressures as Geopolitical Conflicts Raise Global Inflation Con…

06-05

Japan's Real Wages Rise for Fourth Consecutive Month, Fueling June BOJ Rate Hike Bets

06-05

China Flexible Employment Exceeds 300 Million as Blue-Collar Wage Growth Outpaces White-Collar for…

06-05

South Korean Stocks Post Steepest Weekly Drop Since March as Tech Valuations Reset

06-05

China Commercial Paper Rates Drop in Early June Amid Rising Bank Demand

06-05

UK House Prices Unexpectedly Fall in May as Geopolitical Tensions Push Up Borrowing Costs

06-05

Massive Intervention Fails to Save Yen as Short Positions Surge Near Historic Lows

06-05

AI Momentum Pauses as Broadcom Outlook Misses High Expectations; Markets Await Payrolls

06-05

SpaceX Launches 75B USD IPO Roadshow as Access Blocked in Mainland China and Hong Kong

06-05

Global Gold ETFs See $2 Billion Outflows in May as Capital Pivots to Tech Assets

06-05

Nikkei Drops Over 1% on Tech Sector Pullback While Real Wage Growth Provides Support

06-05

South Korea Lifts Mandatory Reporting for Crypto Transfers Over 10M Won

06-05

Amundi Says Asian AI Stocks Supported by Fundamentals as Fed Path Poses Key Risk

06-05

Taiwan Stocks Close 1.33% Lower on Broadcom Drop But Hold Key Technical Support

06-05

Risk Warning

TraderKnows is a financial media platform, with information displayed coming from public networks or uploaded by users. TraderKnows does not endorse any trading platform or variety. We bear no responsibility for any trading disputes or losses arising from the use of this information. Please be aware that displayed information may be delayed, and users should independently verify it to ensure its accuracy.