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Tesla’s Model 3 is critical to its future as an autopilot leader (TSLA) | 05/24/17 | Markets Insider

In the world of autonomous driving vehicles, data is king.

And to collect the necessary amount of data needed to improve its driver assistance systems, Tesla will need cars on the road.

A successful rollout of its Model 3 will be critical to maintaining Tesla’s position as a leader in the autonomous driving world, according to a note from analysts at Oppenheimer.

“We believe that, as far data collection is concerned, Tesla has a material advantage to date,” write Oppenheimer analysts. “Should the Model 3 ramp on schedule, or even late as most investors expect, we believe the cost effectiveness and time to learning are critical advantages for TSLA.”

Essentially, maintaining its advantage in miles driven with a successful Model 3 rollout would put Tesla in prime position to develop the best AI systems.

More markets.businessinsider.com/news/stocks/teslas-stock-price-model-3-is-critical-to-its-future-as-an-autopilot-leader-2017-5-1002041120-10020411

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