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Moody’s Turns Bearish On Oil Demand Growth

Moody’s Turns Bearish On Oil Demand Growth

Moody’s and the Boston Consulting…

Tesla Warns Self Driving Option ‘Very Far Away’ Due To Regulation

Tesla has been warning its buyers who have ordered the ‘Full Self-Driving package’ that the option may not be available for a very long time because of regulations in various countries, Electrek reported on Wednesday, citing warnings from Tesla sales advisors who are processing vehicle orders.

“Before I take your order for the FSD, I would like to point out that the legal aspect of Full Self Driving is very far away. Especially in Europe, the USA might be closer to get it legalized,” sales advisors warn buyers, according to Electrek.

“So even when we have the hardware ready, and your car would have it, you would most likely not be able to use it for a very long time,” according to Tesla’s sales people.

In October last year, Tesla pulled out the ‘Full Self-Driving’ package for its electric vehicles (EVs) from the order page on its website.

Elon Musk tweeted at the time that it “was causing too much confusion.”

While the Full Self-Driving package may not be usable for a very long time until various countries across the world discuss, approve, and legalize it, Tesla’s Musk believes that no other auto manufacturer can beat Tesla to the self-driving capabilities.

In an interview with Recode Decode hosted by Kara Swisher in November 2018, Musk said “I don’t wanna sound overconfident, but I would be very surprised if any of the car companies exceeded Tesla in self-driving, in getting to full self-driving.”

“You know, I think we’ll get to full self-driving next year. As a generalized solution, I think. But that’s a ... Like we’re on track to do that next year. So I don’t know. I don’t think anyone else is on track to do it next year,” Musk said.

According to Musk, none of Tesla’s competitors could ever be a serious competitor in self-driving. “They’re just not good at software. And this is a software problem,” he told Recode Decode in November.

By Tsvetana Paraskova for Oilprice.com

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