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Tesla<\/a> is close to achieving fully autonomous vehicles, CEO Elon Musk<\/a> said during a visit to Paris on Friday, adding autonomy was the “main driver” of the brand’s market value.<\/p>\n The company’s shares rose by as much as 3 percent to their highest level in more than eight months.<\/p>\n The world’s most valuable automaker, Tesla has a market capitalisation of around $800 billion (nearly Rs. 65,55,000 crore), but for years has missed Musk’s targets to achieve full self-driving capability.<\/p>\n “Although I’ve said this before, I think we will solve autonomy soon,” the billionaire told the VivaTech conference.<\/p>\n “The value of the company is primarily on the basis of autonomy,” Musk told the Paris event. “That’s really, I think, the main driver of our value.”<\/p>\n The electric car manufacturer says that what it calls “Full Self-Driving” software does not make its vehicle autonomous and requires driver supervision.<\/p>\n Earlier on Friday, Musk met French President Emmanuel Macron for the second time in just over a month. French officials are hoping to convince Musk to pick France for the construction of his next Tesla gigafactory in Europe.<\/p>\n He also had lunch with Bernard Arnault, the head of luxury goods giant LVMH, and two of his sons, Antoine and Alexandre, according to a source familiar with the matter.<\/p>\n Arnault and Musk have taken turns to be the world’s richest person, with Musk snatching the lead in recent weeks after a sell-off in luxury and a rally in Tesla stocks.<\/p>\n \u00a9 Thomson Reuters 2023<\/em><\/p>\n [ad_2] [ad_1] Tesla is close to achieving fully autonomous vehicles, CEO Elon Musk said during a visit to Paris on Friday, adding autonomy was the “main driver” of the brand’s market value. The company’s shares rose by as much as 3 percent to their highest level in more than eight months. The world’s most valuable automaker, … Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":1212,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[107],"tags":[],"class_list":["post-1211","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tech"],"_links":{"self":[{"href":"https:\/\/bscrackers.com\/index.php?rest_route=\/wp\/v2\/posts\/1211","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bscrackers.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bscrackers.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bscrackers.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bscrackers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1211"}],"version-history":[{"count":0,"href":"https:\/\/bscrackers.com\/index.php?rest_route=\/wp\/v2\/posts\/1211\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bscrackers.com\/index.php?rest_route=\/wp\/v2\/media\/1212"}],"wp:attachment":[{"href":"https:\/\/bscrackers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1211"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bscrackers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1211"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bscrackers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1211"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Affiliate links may be automatically generated – see our ethics statement<\/a> for details.<\/i><\/div>\n<\/div>\n
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