U.S electric vehicle inc. Tesla “very close” to level 5 autonomous driving technology. Elon Musk who is the chief executive of Tesla, said on Thursday 8yh July 2020.

On Thursday when he is one of the speakers in Shanghai’s annual World Artificial Intelligence Conference (WAIC) and there, he said this about the autonomous driving technology techniques. “I’m extremely confident that level 5 or essentially complete autonomy will happen and I think will happen very quickly”–   he stated this remark is made through a video message opening of Shanghai’s annual World Artificial Intelligence Conference (WAIC). Also stated- “I remain confident that we will have the basic functionality for level 5 autonomy complete this year.”

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His statements created a buzz in technical fields.

Other companies like Uber technologies, Alphabet Inc Waymo also investing millions on this automobile technology industry.

However, some of the industry insiders said it will take time for technology to get ready and gain trust by the user. Also,  industry knowledge confirms that Tesla sold  almost15000 China-made model 3 sedans in last month.

California based Tesla currently works on builds cars with an Autopilot driver-assistance system.

Tesla is one of the best automobile ventures. Its main agenda is to follow the ‘Clean energy’ Concept.

Now Tesla highest value automaker and also overtook market capitalization from Toyota Motor Crop. We will wait for this new technology in the upcoming years.