The Latest: Investors wait on Tesla’s delayed presentation

SAN FRANCISCO (AP) — The Latest on Tesla’s plans for fully-autonomous vehicles (all times local):

11:30 a.m.

A webcast showing Tesla’s presentation to investors on “full self-driving” vehicles has yet to begin more than 30 minutes after its scheduled start.

More than 40,000 viewers instead are watching a continuous loop of Teslas driving on bridges, highways and snow covered roads. There also are some factory scenes and horses galloping in the snow.

CEO Elon Musk was scheduled to detail his self-driving vehicle plans at the event for investors Monday. Reporters were not allowed to attend.

Some experts are skeptical that Musk has the technology to deliver fully self-driving vehicles safely.

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6 a.m.

Tesla CEO Elon Musk appears ready to transform the company’s electric cars into driverless vehicles in a risky bid to realize a bold vision he has been floating for years.

The technology required to make that leap is scheduled to be shown to Tesla investors Monday at the company’s Palo Alto, California, headquarters.

Musk is so certain that Tesla will win the race toward full autonomy that he indicated in an interview that his company’s cars should be able to navigate congested highways and city streets without a human behind the wheel by no later than next year.

But experts say they’re skeptical whether Tesla’s technology has advanced to where its cars can be driven solely by a robot, without a human to take control if something goes awry.

Categories: California News