Elon Musk Claims Tesla FSD Is 'Half A Decade Ahead Or More' Compared To Mercedes

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk recently asserted that Tesla’s Full Self-Driving (FSD) technology is “half a decade ahead or more”. His comment comes amid ongoing debates about the effectiveness and safety of Tesla’s autonomous driving technology.

What Happened: In response to a comparison video between Tesla’s FSD and Mercedes’ Driver Assistance, Musk posted on Thursday, “Tesla is half a decade ahead or more.”

The video, shared by Whole Mars Catalog, aimed to determine whether Mercedes’ system was indeed superior as claimed by Consumer Reports.

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This claim by Musk follows recent updates to Tesla’s FSD technology. Musk announced that the nagging issue with the steering wheel, which had been a point of complaint among Tesla drivers, had been fixed in the FSD 12.4 version.

Why It Matters: Tesla’s FSD technology has been under scrutiny, with critics questioning its safety and effectiveness. Facebook co-founder Dustin Moskovitz raised his concerns as he compared Tesla’s situation to the infamous Enron scandal.

Despite the criticism, Tesla continues to compete in the global EV market. Mercedes-Benz, for instance, has welcomed Tesla’s entry into the Indian market. However, Tesla’s popularity in California has seen a decline, with a drop in registrations.

Price Action: On Thursday, Tesla’s stock closed at $171.97, marking a 1.57% decrease from the previous close, according to Benzinga Pro.

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