Richard Widlake @RichWidlake: "🟢 After revisiting California to..."

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🟢 After revisiting California to test Tesla’s newest autonomous driving technology, the CEO of Xpeng, He Xiaopeng, offered unusually strong praise for his competitor. Last year he acknowledged that Tesla’s system was smooth on highways but still behind Waymo in dense cities. This year, after five hours testing full self driving version 14.2 and Tesla’s latest robo taxi prototype, he declared that the technology has leapt from a refined level two system to near level four performance. This is a major endorsement from one of the most advanced electric vehicle leaders in China. He also agreed with Tesla’s long held strategy of using one unified vision based system for both private cars and robo taxis. In his view the industry may be able to skip the level three stage entirely because of the scale and pace of neural network training. Xpeng is pushing hard in the same direction with its own robo taxi plans and an updated autonomous driving software suite arriving next quarter. Although He Xiaopeng admits Tesla is still ahead he believes Xpeng can close the gap. His comparison with Waymo also suggests Tesla is rapidly improving in urban driving. For the industry this moment is significant. When a direct competitor openly states that Tesla’s autonomy is advancing faster than expected and shaping the correct approach it signals a shift that other automakers cannot ignore. Both Tesla and Xpeng appear to be defining the future of unified autonomous systems while most legacy manufacturers continue to fall behind. $TSLA (Tesla Motors, Inc.) $9868.HK (XPeng Inc) $XPEV (XPeng Inc ADR) $SPX500 $NSDQ100 www.youtube.com/watch?v=nGChtJ066Mg

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TSLA

Tesla Motors, Inc.

9868.HK

XPeng Inc

XPEV

XPeng Inc ADR

SPX500

NSDQ100

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