Musk says aim is to have Tesla’s self-driving technology ready by year-end

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Tesla Inc. TSLA, -1.14% Chief Executive Elon Musk said Monday he is aiming to get the EV maker’s self-driving technology ready by year-end, and said he hopes it could quickly be in wide release in the U.S. and even Europe depending on regulatory approval, Reuters reported. Musk made the comments at an energy conference in Norway, at which he said he is currently focused on SpaceX Starship spacecraft and self-driving Teslas. Musk has often made such claims for the state of Tesla’s self-driving technology and has been charging customers up to $10,000 for “full self-driving” technology for more than five years, as MarketWatch has reported. Musk predicted that a Tesla would be able to drive autonomously from Los Angeles to New York in 2018, a trip that still has not happened, and in 2019, he said all Teslas would be fully functioning robotaxis in the near future. Tesla shares were down 2% premarket and are down 18% in the year to date, while the S&P 500 SPX, -0.67% has fallen 15%.

This article was originally published by Marketwatch.com. Read the original article here.

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