Technology Magazine September 2020 | Page 65

Self-Driving Car Levels Explained
Self-Driving Car Levels Explained
CLICK TO WATCH | 7:07
Some remain sceptical about Musk ’ s claims , considering his pay is explicitly tied to Tesla ’ s success in the stock market . Every $ 50bn the company increments in value in the next ten years will see Musk receive increased remuneration , topping out at $ 50bn if the company is worth $ 650bn by 2028 . Even if what he says does come to pass , there remains significant hurdles before it becomes available to the average person , with regulatory frameworks still having to be thrashed out .
Tesla undoubtedly has a habit of confounding expectations , however , and it has soared almost every time it has been expected to fall . It is far from the only company thriving on the back of autonomous vehicle development . Google ’ s self driving car project was spun out into a company known as Waymo , which at the start of the year achieved 20 million autonomous miles of testing on public roads . The company has recently partnered with Volvo to integrate its Waymo Driver product , which can be built into third-party vehicles to afford them autonomous capabilities .
Adam Frost , Chief Automotive Officer of Waymo , said : “ This key partnership with Volvo Car Group helps
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