Elon Musk, chief executive officer of Tesla Motors Inc (NASDAQ:TSLA) talked about the autonomous driving and its legal and practical implications in a program on Bloomberg. Musk said that autonomous driving must not be mixed with auto-pilot concept. Autonomous driving does not mean that the driver can set the destination in the car and the car will automatically reach there. He said that the driver of Tesla Motors Inc (NASDAQ:TSLA)’s autonomous car will still be driving the car, directing and controlling everything manually. Musk thinks that the concept of autopilot driving in the cars is far away from implementation because of many practical and infrastructural hurdles.
“We are not at a stage where you can go to sleep and wake up to your destination […],” said Musk.
Answering a question about the legal results of the autonomous cars, Musk said that Tesla Motors Inc (NASDAQ:TSLA) will be very open and clear with its customers that the any accidents or problems while driving the car will remain entitled to the driver, and the company will not be responsible for any accident. Tesla Motors Inc (NASDAQ:TSLA) has not claimed that its car can drive itself smartly. Driver has to make sure that he drives the car safely to avoid accidents.
Tesla Motors Inc (NASDAQ:TSLA)’s CEO said that his company is preparing cars that can brake automatically, avoid closing distances with other objects, look for highway barriers and other important security features but these functions are there to facilitate the driving of the car.
Musk said that the fully automatic cars are expected to be evolved in the markets in 5 to 6 years. They will require millions of miles of test driving and approval from regulators. Smart cars will require completely redundant systems and smart mechanism in order to ensure zero possibility of system failure.
Ken Griffin’s Citadel Investment Group hold around 46.5 million Tesla Motors Inc (NASDAQ:TSLA) shares.