On June 16, Tesla CEO Elon Musk participated in the Viva Technology conference dedicated to innovation and entrepreneurship in Paris, France. He said that Tesla is close to realizing fully autonomous driving. , and autonomous driving is a “prime driver” of the brand’s market capitalization.
Tesla is the world’s most valuable automaker, with a market capitalization of about US$800 billion, but has failed to achieve the goal of fully autonomous driving set by Elon Musk for many years.
“Although I’ve said this before, I think we’ll be able to solve the self-driving problem very quickly,” the billionaire said at the conference. “The value of the company is mainly based on self-driving, which is really our key driver of value.”
The electric carmaker said its so-called “full self-driving” software doesn’t make its vehicles truly autonomous and still requires driver supervision.
Earlier in the day, Elon Musk met French President Emmanuel Macron for the second time in more than a month, as French officials hope to persuade Elon Musk to choose France as the location for his next Tesla Gigafactory in Europe.
Elon Musk also had lunch with Bernard Arnault, the head of luxury goods giant LVMH (LVMH.PA ), and his two sons, Anthony and Alexander, who took turns being world leaders, according to people familiar with the matter. The richest man in the world, but in recent weeks, as luxury stocks fell and Tesla shares rose, Elon Musk regained the status of the world’s richest man.
