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Autonomous Vehicles

Musk Says Tesla Is ‘Very Close’ to Fully Automated Vehicles

By Shai Oster
· · Source: Reuters

Elon Musk said Tesla is “very close” to developing cars that fully drive themselves without human oversight, known as level 5 autonomy. “I’m extremely confident that level 5 or essentially complete autonomy will happen and I think will happen very quickly,” Musk said in a video to a meeting in Shanghai of the World’s Artificial Intelligence Conference, according to Reuters. Musk has been making...

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The Briefing
The New Uber, Google Founders’ Letter: The Information’s Tech Briefing
By The Information Staff · Aug. 6, 2020 6:45 PM PDT

In a sign of the times, Uber said Thursday its restaurant-food delivery revenue surpassed ride-hailing for the first time. Uber Eats revenue rose 103%, to $1.2 billion in the June quarter, and its profit margin—at negative 19%—was the unit’s best in many quarters. Ride-hailing generated just $790 million, down 67% due to pandemic shutdowns.

Uber’s management, starting ...

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