Technology

Tesla gave up the EV crown. Now it wants to win the autonomy race

Summary

Tesla has lost its leading position in the electric vehicle market and is now shifting its strategic focus toward autonomous driving technology. This pivot aims to fundamentally transform how the company generates revenue as competitors attempt to keep pace with the evolving automotive industry.

Elon Musk’s “flying” Roadster jumped and flipped through the air this month in a stunt that went viral around the world. But his bigger bet is on changing the way Tesla makes money—and the wider car industry is scrambling to catch up. Five days after the spectacle, made possible by compressed-gas thrusters developed by Musk’s SpaceX, he revealed the companies…

Source: Read the full story at Ars Technica - All content

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