US electric vehicle maker Tesla is "very close" to achieving level 5 autonomous driving technology, chief executive Elon Musk said on Thursday, referring to the capability to navigate roads without any driver input.
"I'm extremely confident that level 5 or essentially complete autonomy will happen and I think will happen very quickly," Mr Musk said in remarks made via a video message at the opening of Shanghai's annual World Artificial Intelligence Conference.
"I remain confident that we will have the basic functionality for level 5 autonomy complete this year," he added.
Automakers and tech companies including Alphabet's Waymo and Uber are investing billions in the autonomous driving industry.
However, industry insiders have said it would take time for the technology to be ready and for the public to trust autonomous vehicles fully.
The California-based automaker currently builds cars with an Autopilot driver-assistance system.
Tesla is also developing new heat-projection or cooling systems to enable more advanced computers in cars, Mr Musk said.
Industry data showed Tesla sold nearly 15,000 China-made Model 3 sedans last month.
Tesla has become the highest-valued automaker as its shares surged to record highs and its market capitalisation overtook that of former front-runner Toyota.
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More from Rashmee Roshan Lall
The Birkin bag is made by Hermès.
It is named after actress and singer Jane Birkin
Noone from Hermès will go on record to say how much a new Birkin costs, how long one would have to wait to get one, and how many bags are actually made each year.
Red flags
- Promises of high, fixed or 'guaranteed' returns.
- Unregulated structured products or complex investments often used to bypass traditional safeguards.
- Lack of clear information, vague language, no access to audited financials.
- Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
- Hard-selling tactics - creating urgency, offering 'exclusive' deals.
Courtesy: Carol Glynn, founder of Conscious Finance Coaching
The specs: 2019 GMC Yukon Denali
Price, base: Dh306,500
Engine: 6.2-litre V8
Transmission: 10-speed automatic
Power: 420hp @ 5,600rpm
Torque: 621Nm @ 4,100rpm
Fuel economy, combined: 12.9L / 100km
