Tesla's Autonomy Drive Boosts Market Value; Competitors Lag

Tesla's Market Value Soars as Elon Musk Pins Hope on Vehicle Autonomy; Competitors Struggle to Match Promise

Tesla's CEO Elon Musk values vehicle autonomy as Tesla's market driver, despite incomplete self-driving capability. Other automakers work on semi-autonomous systems without promising full autonomy.

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Tesla has been a frontrunner in autonomous driving technology.

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Tesla's shares recently rose by three percent, reaching their highest level in over eight months.

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Tesla is working on full self-driving technology (FSD), but it still requires driver supervision.

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Other automakers, including Mercedes-Benz, BMW, Audi, and Volvo, have developed semi-autonomous driver assistance software but none offer complete autonomy.

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