Tesla Inc. CEO Elon Musk has updated his previous forecast regarding the future of electric and fully autonomous vehicles. In a video update, Musk initially predicted that by 2040, all cars produced would be electric and fully autonomous. However, he has since revised this prediction to around 99% of cars being electric and fully autonomous.
Musk’s revised estimate is based on the current pace of technological advancements in the automotive industry. While some concerns about self-driving technology are valid, Musk believes that these issues can be addressed over the next decade.
Tesla has been at the forefront of electric vehicle (EV) adoption, with sales surpassing traditional vehicle sales in recent months. According to Erin Keating, executive analyst at Cox Automotive, EV sales have seen a 7% increase in July and an 11.3% year-over-year rise.
However, industry experts highlight the ongoing issue of inadequate charging infrastructure as a significant hurdle to wider EV adoption. Many potential EV buyers struggle with limited access to charging stations, making it difficult for them to consider purchasing an electric vehicle.
Musk’s revised forecast is an encouraging sign that the automotive industry is moving towards a more sustainable and autonomous future. As technology continues to advance, we can expect to see even greater adoption of electric and autonomous vehicles in the years to come.
Source: https://www.benzinga.com/news/24/09/40758753/in-2020-elon-musk-predicted-that-100-cars-produced-by-2040-will-be-electric-and-fully-autonomous-now