Tesla has seen better days.
The automotive company is expected to report disappointing sales of the Tesla Model 3 car to investors on Monday. To add even more concern, a parked Tesla vehicle suddenly exploded in a Shanghai carpark. There were fortunately no fatalities, but the danger presented is deeply concerning.
— lovechunks (@lovechunks_) April 22, 2019
Though the tides may be against Tesla at the moment, CEO Elon Musk is hoping to hearten investors with bold new technology: completely self-driving cars.
On April 22, Investor Autonomy Day, Tesla will free investors from the tyranny of having to drive their own car
— Elon Musk (@elonmusk) April 13, 2019
Musk has been a stark defender of Tesla’s endeavors into autonomy, even hinting at one point that autonomous Tesla cars could be navigating rush hour traffic as early as next year.
The company is presenting the self-driving technology to investors as part of Autonomy Investor Day. In addition to a presentation, a demonstration of the autonomous car technology is expected as well.
You can watch the event live below:
While self-driving cars would undoubtedly be a leap into the future, perfecting the technology seems somewhat insurmountable to skeptics.
According to Steven Shladover, a former engineer for the University of California who has studied and strode towards self-driving cars for nearly half a century, isn’t buying it, insisting:
“It’s all hype. The technology does not exist to do what he is claiming. He doesn’t have it and neither does anybody else.”
People are divided about the technology—especially in the aftermath of the most recent explosion.
Are they also self-extinguishing?
— SASNC (@sasncsheri) April 22, 2019
Tesla is discussing its self-driving tech; I'm grabbed by the redundancies the company has built in. “You could have cameras fail, you could have power circuits fail, you could have one of the Tesla full self-driving chips fail, and the car keeps driving," Elon Musk says
— Chris Teale (@chris_teale) April 22, 2019
Love the @Tesla stream on their new self-driving computer. Great walkthrough of the decisions that were made for such architecture. From redundancy all the way to energy saving – fascinating! #hardware #MachineLearning pic.twitter.com/9HpdapzGXk
— Sergii (@lc0d3r) April 22, 2019
There is a American car company that truly is free from convention One that makes cars that go much faster, are self driving ready, have the lowest probability of injury, run clean, & currently the only one in outer space. The car of the future is here my friends #model3 #tesla pic.twitter.com/ucaV9E3YEd
— Steven (@schristakos) April 21, 2019
However, it doesn’t look like Elon Musk will be giving up any time soon.