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A Tesla Executive Just Gave A Brutal Assessment Of Full Self-Driving

  • Tesla's head of autonomy admitted that Tesla's Full Self-Driving technology is 'a couple of years' behind Google's Waymo.
  • Waymo is considered the golden standard of self-driving, while Tesla's focus on camera-only approach has put it behind in the race.
  • Tesla's choice of camera sensors over Lidar has led to delays, despite having a larger fleet for data collection.
  • Volkswagen aims to reach cost parity between electric vehicles and internal combustion engine cars using lithium-iron phosphate batteries.
  • The new batteries and simplified battery layout are expected to help VW cut production costs and match profit margins of gas-powered cars.
  • New vehicle inventory in the US has dropped due to tariffs, leading to decreased choices, higher prices, and a shift towards higher-cost trims.
  • Consumers may face inflated prices as inventory diminishes and automakers prepare for post-tariff announcements, impacting the pace of sales.
  • Consumers are pushed to trims with higher margins due to dwindling inventory, resulting in inflated Average Transaction Prices for new and EV cars.
  • The impact of tariffs remains uncertain, with automakers possibly raising prices, affecting buyer choices and potentially driving up used car prices.
  • Volkswagen's focus on cost-effective EVs raises the question of how much range consumers are willing to sacrifice for savings or pay for extra miles per charge.

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