Tesla CEO Elon Musk Just Told Us When All Cars Will Be Self-Driving

Managing Editor

November 4, 2015, 10:07 AM ET

Tesla Update v7.0 Enables Self-driving Test In China

BEIJING, CHINA - OCTOBER 23: (CHINA OUT) Elon Musk, Chairman, CEO and Product Architect of Tesla Motors, addresses a press conference to declare that the Tesla Motors releases v7.0 System in China on a limited basis for its Model S, which will enable self-driving features such as Autosteer for a select group of beta testers on October 23, 2015 in Beijing, China. The v7.0 system includes Autosteer, a new Autopilot feature. While it's not absolutely self-driving and the driver still need to hold the steering wheel and be mindful of road conditions and surrounding traffic when using Autosteer. When set to the new Autosteer mode, graphics on the driver's display will show the path the Model S is following, post the current speed limit and indicate if a car is in front of the Tesla. (Photo by ChinaFotoPress/Getty Images)Photograph by ChinaFotoPress — Getty Images

Tesla CEO Elon Musk is pretty confident that all cars will be self-driving. And he’s thinking it’ll happen pretty quickly.

In response to a question during Tesla’s third-quarter earnings conference call, Musk said that “all cars will go fully autonomous in the long-term.” But he didn’t just stop there, reported USA Today.

Musk, who is known for his outlandish statements at times, added that in the future, it would be “quite unusual to see cars that don’t have full autonomy” within a window of 15- to 20-years.

Unsurprisingly, he said that it would be even sooner for Teslas. The company’s shares rose Tuesday despite the company reporting its biggest loss in 10 quarters, according to Reuters.

During the call, the company announced its already putting together batteries for use by utilities and building owners in its Gigafactory.

About the Author

By Benjamin SnyderManaging Editor

Benjamin Snyder is Coins2Day's managing editor, leading operations for the newsroom.

Prior to rejoining Coins2Day, he was a managing editor at Business Insider and has worked as an editor for Bloomberg, LinkedIn and CNBC, covering leadership stories, sports business, careers and business news. He started his career as a breaking news reporter at Coins2Day in 2014.

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