Musk: Tesla’s value is based primarily on vehicle autonomy

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“The value of the company is primarily on the basis of autonomy,” Musk told the Paris VivaTech event. “That’s really, I think, the main driver of our value.”

He has for years missed his targets to achieve full self-driving capability. Tesla says that what it calls “Full Self-Driving” software does not make its vehicle autonomous and requires driver supervision.

“Although I’ve said this before, I think we will solve autonomy soon,” the billionaire said at the event.

“Even if you have a discounted percentage probability of autonomy happening, that is so incredibly valuable.”