Elon Musk Doesn't 'Hate' LiDAR, Says It's Good For Space Vehicles — Not So Much For Those On The Road
Portfolio Pulse from Anan Ashraf
Tesla CEO Elon Musk has reiterated his criticism of LiDAR technology for road vehicles, stating that digital neural nets and cameras are more suitable. Musk's comments come despite his SpaceX's Dragon spacecraft using LiDAR for docking with the International Space Station. Tesla uses camera vision and neural net processing, known as Tesla Vision, for its Autopilot and full-self driving features. Other companies, including Alphabet's Waymo and General Motors' Cruise, continue to use LiDAR in their autonomous vehicles.
August 29, 2023 | 4:39 am
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Elon Musk's criticism of LiDAR could impact Tesla's position in the autonomous vehicle market, as it continues to rely on its own Tesla Vision technology. This could potentially differentiate Tesla from competitors using LiDAR.
Elon Musk's comments on LiDAR could potentially impact Tesla's stock as it highlights the company's different approach to autonomous vehicle technology. However, the impact is uncertain as it depends on the market's perception of the effectiveness of Tesla's technology compared to LiDAR.
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