Business World

Tesla very close to achieving level 5 autonomous driving technology: Elon Musk

World’s leading electric car maker, Tesla said that it is very close to achieving level 5 autonomous driving technology.

Chief Executive Elon Musk on Thursday, via a video message at the opening of Shanghai’s annual World Artificial Intelligence Conference made the announcement referring to the capability to navigate roads without any driver input.

“I’m extremely confident that level 5 or essentially complete autonomy will happen and I think will happen very quickly,” Musk added.

“I remain confident that we will have the basic functionality for level 5 autonomy complete this year.”

However it would take years for the technology to reach the masses and gain enough trust.

Tesla sold 15,000 China-made Model 3 sedans last month.

Tesla has become the highest-valued automaker as its shares surged to record highs and its market capitalisation overtook that of former front-runner Toyota Motors Corp

Many companies are bullish on the electric car space. Google, Apple and Uber Technologies are investigating billions in the autonomous driving industry.

The Various Levels Of Autonomous Driving:

Level 1 automation means some small steering or acceleration tasks performed by the car without human intervention.

Level 2 automation means an advanced cruise control or original autopilot system on some Tesla vehicles, cars can automatically take safety actions but the driver needs to stay alert at the wheel.

Level 3 automation still requires a human driver, but the human is able to put some “safety-critical functions” to the vehicle, under certain traffic or environmental conditions.

Level 4 automation is a car that can drive itself almost all the time without any human input, but might be programmed not to drive in unmapped areas or during severe weather.

Level 5 automation means full automation in all conditions.