Tesla Inc. is very close to achieving level 5 autonomous driving technology, Elon Musk, CEO, Tesla Inc. said, “I’m extremely confident that level 5 or essentially complete autonomy will happen and I think will happen very quickly”.
Tesla in April had already surprised investors by the performance of the new sport utility vehicle, Model Y. Only US vehicle factory in California was remained closed during the lockdown form the March end to early May. Tesla sold nearly 15,000 China-made Model 3 sedans last month and had made a solid delivery of 88,400 vehicles in the first quarter. The auto sale is also affected by a pandemic which raised the expectations to be profitable in the second quarter. Along with this, Tesla will mark four consecutive profitable quarters and as a result being added in S&P 500 index.
Musk said, “I remain confident that we will have the basic functionality for level 5 autonomy complete this year”. Currently, Tesla builds cars with an Autopilot driver-assistance system and also developing new heat-projection or cooling systems to enable more advanced computers having the capability to navigate roads without any driver input.
Automakers and tech companies are investing billions in the autonomous driving industry. Technology would take time for getting ready and the public to trust autonomous vehicles fully.

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