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Tesla AI Day TOMORROW – what to expect from Elon Musk including ‘AI controlled cars’

TESLA is gearing up for a mysterious event this week.

Tesla AI day will celebrate the company’s advances in artificial intelligence as it faces a federal investigation into the safety of its “Autopilot” mode.

AFPTesla AI day will celebrate the company’s advances in artificial intelligence (stock)[/caption]

What is Tesla AI Day?

AI day was announced by Tesla boss Elon Musk in a tweet last month.

The billionaire said the event will “go over progress with Tesla AI software & hardware, both training & inference.”

The purpose, he said, is recruitment. The event is invite-only, and Musk is giving the keynote speech.

The billionaire has said he wants people to think of Tesla as an “AI robotics” company instead of an electric car company.

The event is scheduled for August 19. Tesla began sending out invites last week.


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What to expect

Big tech analyst Gene Munster reckons Tesla’s AI event will showcase the company’s AI use cases beyond its vehicle fleet, Yahoo reports.

It’s likely the followup to “Autonomy Day”, a one-time investor event hosted by the company in 2019, Munster said in a note.

Musk’s ambitious goal of achieving full autonomy by the end of 2021 is likely to be missed, according to Munster, a Loup Funds Managing Partner.

He said 2025 could be the first year of public availability of level 4 autonomy.

The RSVP invite for the event suggests it will showcase uses of Tesla’s AI technology outside of its vehicles.

Tesla investigation

U.S. auto safety regulators said Monday they had opened a formal safety probe into Tesla’s driver assistance system Autopilot in 765,000 U.S. vehicles built since 2014 after a series of crashes involving emergency vehicles.

The National Highway Traffic Safety Administration (NHTSA) said that since January 2018 it had identified 11 crashes in which Tesla models “have encountered first responder scenes and subsequently struck one or more vehicles involved with those scenes.”

After investigating, NHTSA could opt to take no action, or it could demand a recall.

This might effectively impose limits on how, when and where Autopilot operates.

Any restrictions could narrow the competitive gap between Tesla’s system and similar advanced driver assistance systems offered by established automakers.

The auto safety agency said it had reports of 17 injuries and one death in those crashes.

They include the December 2019 crash of a Tesla Model 3 that left a passenger dead after the vehicle collided with a parked fire truck in Indiana.

Musk has repeatedly defended Autopilot and in April tweeted that “Tesla with Autopilot engaged now approaching 10 times lower chance of accident than average vehicle.”

NHTSA said the 11 crashes included four this year, including a July 10 crash in San Diego.

It has opened a preliminary evaluation of Autopilot in 765,000 2014-2021 Tesla Models Y, X, S, and 3.

The crashes involved vehicles “all confirmed to have been engaged in either Autopilot or Traffic Aware Cruise Control,” NHTSA said.

ReutersTesla boss Elon Musk announced the event last week[/caption]

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