Iftar Timings Mar 28 - Ramazan 17

Lahore
LHR
06:20 PM
Karachi
KHI
06:46 PM
Islamabad
ISB
06:26 PM
Peshawar
PWR
06:30 PM
Quetta
QTA
06:49 PM

News

Musk s bets on Tesla: human-like robots and self-driving cars

January 27, 2022 11:53 PM


Tesla's most important products this year and next will not be cars, CEO Elon Musk said on Wednesday, but software that drives them autonomously and a humanoid robot the company expects to help out in the factory.

The audacious promises by the best-known billionaire in the electric car industry face major challenges, from technology to regulation. Tesla and other auto technology companies have missed their targets for self-driving software for years, according to a foreign news agency. 

I love the fact that they're pushing the envelope, but I think they are too aggressive," said Roth Capital Partners analyst Craig Irwin.

Musk has built a career on defying skeptics with working businesses in electric cars and rockets. Some Tesla drivers buy $12,000 self-driving packages in the expectation that full autonomy is around the corner, and 60,000 Tesla drivers are testing the latest self-driving software, a scale that other autonomous vehicle software companies can only dream of.

"I would be shocked if we do not achieve full self-driving safer than human this year. I would be shocked," Musk said, predicting full self-driving would become "the most important source of profitability for Tesla."

"It's nutty good from a financial standpoint," he said, saying robotaxis would boost the utility of a vehicle by five times, as owners can send their cars out to work when not needed.

Tesla uses cameras and artificial intelligence, avoiding other technologies such radar and lidar that rivals such as Waymo include. That approach has drawn fire.

"You have to be able to not only just see a person, like right in front of you, you have to do so, with 99.999999999% reliability. Even running over someone once is not an acceptable answer," Austin Russell, CEO of lidar maker Luminar, told Reuters. Even if the technology works, Tesla (TSLA.O) would come under more rigorous scrutiny from regulators before deploying fleets of free-roaming robotaxis. U.S. auto safety regulators opened a safety investigation into Tesla's advanced driver assistant system after crashes involving the vehicles and parked emergency vehicles.

Federal vehicle safety regulators have issued guidelines to states, but not comprehensive standards governing self-driving cars.

There are some states whose laws will require approval for a fully autonomous vehicle, Koopman said.

Just a year ago, Musk said during an earnings call he was "highly confident the car will be able to drive itself with reliability in excess of human this year."

Tesla's autopilot engineer at the time, CJ Moore, last year told the California regulator that Musk's tweet on self-driving technology "does not match engineering reality."

Musk also said engineers are working to launch a humanoid robot next year, called Optimus, that could eventually address global shortages of labor, and in the short term might be able to carry items around a factory.

"For performing dangerous and repetitive tasks, using a humanoid robot is exactly the wrong approach," said Raj Rajkumar, professor of electrical and computer engineering at Carnegie Mellon University.

Musk, though, says the robot may be more important than a car. "This, I think, has the potential to be more significant than the vehicle business over time," he said.

Shares of the company, which forecast that supply chain issues would persist throughout 2022, were down about 1% in premarket trading. 

Philip Koopman, a professor at Carnegie Mellon University who has been working on autonomous vehicle safety, said a big problem is that at scale, unusual cases constantly can crop up.

"Without a human driver to handle safety for novel situations the machine learning hasn't been taught already, it's very difficult to ensure safety in a completely automated vehicle," he said.

 



Most Read

  1. Aitchison College principal resigns over differences with Punjab governor Aitchison College principal resigns over differences with Punjab governor
  2. Aitchison College students, parents stage protest against principal’s resignation Aitchison College students, parents stage protest against principal’s resignation
  3. Tribal firefight in Gotki, Motorways section shut down Tribal firefight in Gotki, Motorways section shut down
  4. Five Chinese among six killed in Shangla suicide bombing Five Chinese among six killed in Shangla suicide bombing
  5. Transferred: Lawman bears the brunt of flagging down lawmaker Transferred: Lawman bears the brunt of flagging down lawmaker
  6. Maaz Safder regrets 4-year relationship with wife Saba Maaz Safder regrets 4-year relationship with wife Saba

Opinion

  1. IMEC to sabotage CPEC
    IMEC to sabotage CPEC

    By Dr Asif Channer

  2. 1947 TO FORM 47
    1947 TO FORM 47

    By Dr Asif Channer

  3. Beijing wants to further highlight industrial sector in its country and take scientific innovation to new heights....
    Beijing wants to further highlight industrial sector in its country and take scientific innovation to new heights....

    By Ali Ramay

  4. Global race: China will reduce its unnecessary expenses
    Global race: China will reduce its unnecessary expenses

    By Ali Ramay

  5. Channer Pir: The Great Saint of Cholistan
    Channer Pir: The Great Saint of Cholistan

    By Dr Asif Channer

  6. Literate the Religious Illiterate
    Literate the Religious Illiterate

    By Dr Asif Channer