XPeng CEO Says Tesla's FSD Works Well In Silicon Valley: '2025 Will Be The ChatGPT Moment Of Fully Self-Driving!'
Portfolio Pulse from Anan Ashraf
XPeng CEO He Xiaopeng predicts that 2025 will be the 'ChatGPT moment' for fully autonomous driving after testing Tesla's FSD and Waymo's technologies. He praised Tesla's progress and expressed interest in further testing. XPeng also invited Elon Musk to test its XNGP system in China.
June 25, 2024 | 8:25 am
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Waymo, a subsidiary of Alphabet Inc., was noted by XPeng CEO He Xiaopeng for its superior performance in downtown San Francisco. This recognition highlights Waymo's strong position in the autonomous driving market.
The acknowledgment of Waymo's superior performance in a key market like downtown San Francisco by a competitor's CEO underscores its strong position in the autonomous driving sector, which could positively impact Alphabet's stock.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 60
POSITIVE IMPACT
Tesla's FSD technology received praise from XPeng CEO He Xiaopeng, who tested it and noted significant progress. XPeng has requested to test the latest version of FSD and invited Elon Musk to try XPeng's XNGP system in China.
The positive feedback from XPeng's CEO on Tesla's FSD technology and the potential collaboration for testing each other's systems could enhance Tesla's reputation in the autonomous driving space, potentially driving short-term stock price gains.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
XPeng CEO He Xiaopeng predicts 2025 as the breakthrough year for fully autonomous driving, after testing Tesla's FSD and Waymo's technologies. XPeng is keen to learn from Tesla's advancements and has invited Elon Musk to test its XNGP system in China.
The CEO's positive remarks about Tesla's FSD and the invitation to Elon Musk to test XPeng's XNGP system indicate a strong focus on advancing autonomous driving technology. This could boost investor confidence in XPeng's capabilities and future prospects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100