Wall Street is looking to Tesla’s earnings for clues to Musk’s plan to restore company’s wild growth

Faced with falling global sales and a diving stock price, Tesla has slashed prices again on some of its electric vehicles and its “Full Self Driving” system in an apparent effort to boost the company’s earnings growth…

For Musk, the answer appears to be the long-elusive robotaxi, which he has been touting as a growth catalyst for Tesla since the hardware for it went on sale late in 2015. Musk has called the system “Full Self Driving,” even though the company says on its website that it can’t drive itself and humans must be ready to take control at all times.

Raj Rajkumar, a professor of computer and electrical engineering at Carnegie Mellon University, said Tesla relies on cameras that are trained on huge data sets. But computers can’t foresee every scenario encountered on the roads, and even if they could “tomorrow there will be new scenarios that are not in the data set,” he said.

Receive Our Newsletter

Get the latest Safety21 news sent to your inbox.