How Far Ahead is Tesla in the Self-Driving Race?

<h2>Tesla’s Self-Driving Milestones</h2> <p>Tesla’s approach has been notably different from that of other companies. Unlike Waymo, which has clocked over 20 million miles on public roads, Tesla’s technology is being refined with an impressive cumulative total of 3 billion Autopilot miles as of April 2020, foreseeably well over 6 billion miles by current estimations as outlined by <a href="https://www.forbes.com/sites/greatspeculations/2021/11/24/teslas-self-driving-business-is-powering-ahead-despite-setbacks/" rel="noopener ugc nofollow" target="_blank">Forbes</a>. This mileage gives Tesla’s machine learning algorithms a significant amount of training data, key to the evolution of their self-driving systems.</p> <h2>Financials and Investor Confidence</h2> <p>From a financial standpoint, Tesla’s market cap has soared past the $1 trillion mark, a testament to the success and promise of their technology. Despite representing a smaller portion of the auto industry in terms of the number of vehicles sold, Tesla’s valuation overshadows that of traditional automakers. The anticipation around Tesla solidifying its stance in the electric and autonomous vehicle markets has spurred investor confidence, even amid the COVID-19 pandemic which saw other manufacturers hit the brakes on investments in autonomous technology.</p> <p><a href="https://medium.com/@hustle-smart-with-technology/how-far-ahead-is-tesla-in-the-self-driving-race-f0a253f26af4"><strong>Website</strong></a></p>