Tesla ‘very’ close to level 5 autonomous driving, says Musk

SHANGHAI/BEIJING (Reuters) – US electric vehicle maker Tesla Inc is “very close” to achieving level 5 autonomous driving technology, Chief Executive Elon Musk said on Thursday, referring to the capability to navigate roads without any driver input. “I remain confident that we will have the basic functionality for level 5 autonomy complete this year.”Automakers and tech companies including Alphabet Inc Waymo and Uber Technologies are investing billions in the autonomous driving industry. However industry insiders have said it would take time for the technology to get ready and public to trust autonomous vehicles fully. Tesla is also developing new heat-projection or cooling systems to enable more advanced computers in cars, Musk said. Industry data showed Tesla sold nearly 15,000 China-made Model 3 sedans last month.

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