In the world of autonomous vehicles, Tesla once again stood out during a recent power outage in San Francisco that impacted approximately 130,000 homes and businesses. While most competitors struggled, Tesla’s innovative self-driving technology continued to perform, demonstrating its superiority over traditional systems.
Technology That Sets Tesla Apart
During San Francisco’s blackout, Waymo, a leading competitor, paused operations as its autonomous vehicles failed to navigate intersections without functioning traffic lights. Tesla, however, operated seamlessly, earning accolades from CEO Elon Musk who emphasized the resilience of its technology.
Unlike Waymo, which relies on complex mapping and high-cost lidar sensors, Tesla’s Autopilot and Full Self-Driving systems utilize optical cameras and advanced AI. These systems assess real-time environments rather than depending on pre-mapped locations. As this incident shows, Tesla’s technology adapts to unexpected infrastructure failures, giving it an edge in unpredictable urban environments.
Expanding Tesla’s Robo-Taxi Services
Tesla’s autonomous capabilities continue to shape the emerging robo-taxi market. The company’s services, first launched in Austin, Texas, now extend to San Francisco as part of its ever-evolving tech portfolio. While currently operating with safety monitors, Tesla is preparing for broader adoption of driverless fleets.
Waymo, by comparison, operates more than 450,000 rides weekly across five cities without safety drivers. Nonetheless, Tesla’s technology remains resilient under conditions that challenge both drivers and competitors alike.
Legal Wins Fuel Tesla Stock Growth
In addition to triumphs in autonomous driving, Tesla celebrated a legal victory this week. The Delaware Supreme Court reinstated Elon Musk’s 2018 CEO compensation package—valued at $56 billion. A lower court initially ruled to cancel it, citing fiduciary concerns, but the Supreme Court reversed the decision, restoring confidence in the company’s operations and leadership.
Tesla stock surged by 1.1% to $486.50 following the dual victories in autonomy and the courtroom. Notably, the company’s stock has risen by 19% year-to-date, highlighting investor confidence amid these achievements.
Explore Tesla’s Full Self-Driving Package
Interested in experiencing Tesla’s cutting-edge technology? The Tesla Full Self-Driving capability is available as an add-on for Tesla Model S and Model Y vehicles. Learn more about the feature and order yours today by visiting the official Tesla Full Self-Driving page.
Stay ahead of the technological curve by keeping an eye on Tesla’s continued innovation in both autonomous technology and the automotive industry at large.