Question

In: Finance

Looking forward to autonomous electric vehicles, do you believe that Tesla will be in a stronger or weaker position than if autonomous vehicles did not exist?

Looking forward to autonomous electric vehicles, do you believe that Tesla will be in a stronger or weaker position than if autonomous vehicles did not exist?

Solutions

Expert Solution

Autonomous electric vehicles seems to revolutionize the future transpotation industry . although the basic formula of human driving cars with the stiring wheels and the pedals have had been quite stable since the pats few decaes, the uture of electric cars seeems very promising.Features like auto collision detection, parking and advanced navifation with other developments , is considered a safer option than human operated vehicles as the automated ones cannot suffer from sleep deprevation, neither can they be influenced by the use ofalchohol and drugs and more so, they can be programed to drive while obeying the traffic rules. There still exists much scope fo progress for all the cars to be auto piloted, and the people accepting as a desired commute method. in addition to these, self automated cars might also give the commuteds the additional free time to indulge in projects, talking to fellow passengers, or maybe even more binge time whie the cars are operating on there own. hence the future seems much brighter for TESLA, with the presence of this auto mated driving systems, and they are on their way to bring some huge opportunities and changes in the few decades to come.


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