Elon Musk has boasted owning any other car than a Tesla will feel like owning a horse. Speaking yesterday at the Tesla Autonomy Investor Day the electric car makers CEO said about choosing another brand over Tesla would be a poor choice.
RELATED: TESLA UNVEILS ITS ELECTRIC SUV CROSSOVER VEHICLE, THE TESLA MODEL Y
“The fundamental message that consumers should be taking today is that it’s financially insane to buy anything other than a Tesla, ” the CEO of the electric automaker said during his presentation.
“It would be like owning a horse in three years. I mean, fine if you want to own a horse. But you should go into it with that expectation.”
Buying a car in 2019 that can’t upgrade to full self-driving is like buying a horse instead of a car in 1919 https://t.co/oEjXdmyJiJ— Elon Musk (@elonmusk) April 15, 2019
Investors get to demo new Tesla features
The exclusive investors' event took place yesterday in Palo Alto, California. Musk confidently told the audience that buying a car without the hardware necessary for fully autonomous driving would be a regretful mistake.
RELATED: TESLA SET TO DETAIL AUTONOMOUS DRIVING FUTURE AT EXCLUSIVE INVESTOR EVENT
“If you buy a car that does not have the hardware for full self-driving, it is like buying a horse,” he said.
“And the only car that has the hardware for full self-driving is a Tesla.”
Musk used the horse analogy when he appeared on the Josh Rogan podcast last year telling the presenter that having Teslas and regular cars on the roads was similar to the time when cars and horses were still sharing highways.
Musk might be on time this time
Musk is famous for making big claims, though his timing hasn’t always been very good.
The energetic CEO is the first to admit that timing isn’t his strong point admitting on Monday that “sometimes I am not on time, but I get it done.” His presentation at the investors' event revolved around laying out a blueprint for the company to make its cars fully self-driving.
Musk claims that Tesla's Full Self-Driving system will be feature complete by the end of 2019. He also made the statement that the beliefs the system will be good enough to allow users to not pay attention while using it by the second quarter of 2020.
He also said that he is confident that Tesla will be in-process on receiving regulatory approval from the US government by the end of 2020.
Our new Full Self-Driving Chip houses 6 billion transistors and is capable of processing up to 2300 frames per second – a 21x improvement over previous gen hardware pic.twitter.com/39g39lv638— Tesla (@Tesla) April 23, 2019
Self-driving cars slow to develop
The big claims come at a time when most other automakers are stretching their timelines related to fully autonomous driving.
But Tesla has taken a different approach to the hardware required for self-driving cars steering away from the conventional lidar sensors (laser radar) and instead of using a network of cameras, as well as forward-facing radar and ultrasonic sensors.
Tesla has developed all the technology for their self-driving dream in house from the ground up. Cars being produced now have the latest hardware already installed and older cars can reportedly get it installed without fuss.
Musk is confident the technology will come together predicting that Tesla will have more than a 1 million robo-taxis on the road next year, which is definitely better than 1 million horses.