Autonomous Vehicle Ambitions
showcased Tesla's and prototypes, aiming to revolutionize travel with fully autonomous vehicles, projected for release by 2026, starting under $30,000.
Despite the futuristic design and absence of traditional driving controls, skepticism remains regarding the technology's readiness for real-world application and regulatory approval.
Investor and Industry Reactions
The event, while showcasing ambitious technology, left investors wanting more concrete timelines and details, leading to a notable drop in Tesla's stock price.
Critics argue that Tesla's focus on camera and AI for its Full Self-Driving technology, as opposed to hardware like lidar used by competitors, may face significant technical and regulatory challenges.