The announcement that Tesla is now equipping every car coming off its assembly line with what the automaker believes to be the necessary hardware to enable full self-driving capability has been met with skepticism among industry watchers and left the market mostly unimpressed.
Tesla’s stock price fell by 2% after the announcement, which indicates that the market either has doubts about Tesla achieving level 5 full autonomy with the new hardware or it doesn’t understand the implications of having full autonomous capabilities. The latter is unlikely considering the value of self-driving technology for automakers has been mostly understood for the past few years now.
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