Tesla Motors Inc (NASDAQ:TSLA) targets “Autonomous Cars” in 3 years


Boston, MA, 09/20/2013 (scibilitymedia) – Autopilot Cars by Tesla

Elon Musk, Tesla Motors Inc (NASDAQ:TSLA) CEO answered the question about the complexities involved in accomplishing fully autonomous cars and said that, “Tesla should be able to do 90% of miles driven within three years”. Various other car manufacturers are also trying to make a partial or a full self control car but all their plans are still under process as there are different legal and technical reasons.

Musk also said that manufacturing complete self-driving cars is a “bridge too far”, but using technology like “auto pilot” during the extended drives can make it come true. Pilots often put the plane on “auto pilot” during long drives but it is not a good idea in riskier situations.

Tesla still needs a product line

There is no doubt that Tesla Motors Inc (NASDAQ:TSLA) is a successful car manufacturing company and has given an unbeaten model ‘S’ but the company still needs to create a product line to achieve the goal of making a complete self driving car. Tesla is soon going to launch Model X gull wing crossover which will be followed by lower priced models.

Factors impacting Autonomous Cars

Looking from a legal point of view, European Union laws command all the drivers to control their cars all the time. There is no guarantee that any of the car insurance company will back the ‘autonomous car’ until the technology is firmly established. However, Tesla has ensured that these automatic cars will be fully equipped with programs to obey the traffic rules that can interest the insurers.

Buyers would be interested in these autonomous cars only when the technology gets fully approved by real world experience. Tesla Motors Inc has kept the time limit to manufacture this car shorter than other car manufacturers but several analysts have a view that this automatic car can become a reality only after 10-15 years.


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