JAKARTA - Elon Musk announced on Wednesday April 19 that the giant electric car company (EV) Tesla is likely to launch full self-driving technology this year. It also predicts this will result in significant benefits to offset the pressure it faces due to aggressive price cuts.

"I doubt to say this but I think we will do it this year," Tesla CEO Musk said at a phone conference. Musk has missed his previous target of achieving self-driving capabilities for several years.

"This Full Self-Driving (FSD) software trial version will go two steps ahead, one step back between releases," Musk said, quoted by Reuters. "But the trend is very clear towards full self-driving, towards full autonomy."

Current technology has attracted legal attention and regulations after the accident. Tesla says that this technology does not make the car autonomous and requires driver supervision.

Tesla's chief financial officer, Zachary Kirkhorn, said his automotive margin in the first quarter was disrupted not only because of price cuts, but also delays in revenue for FSD software and that "this delay must be acknowledged after some software catches up." ButKirkhorn gave no further explanation.

Guidehouse Insights analyst Sam Abuelsamid said Tesla made some changes to the hardware of the car, which disabled several FSD features in new vehicles temporarily.Tesla sells FSD software as an option for up to 15,000 US dollars (IDR 224.8 million).

Late last year, Tesla removed the ultrasonic sensor from Model 3 and Model Y cars, and said some features such as "smart nicknames" and "autoparks" would temporarily be unavailable.

"We have this unique strategic advantage," Musk said. "We made a car that, if autonomy succeeds, the asset will be worth much more in the future than it is now."

Tesla reported a lower quarterly margin than expected last Wednesday but Musk said it would prioritize sales growth over profit in a weak economy.


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