Tesla’s self-driving business is powering ahead despite setbacks
Tesla stock (NASDAQ: TSLA) is up by almost 60% year-to-date, with its market cap crossing the rarefied $1 trillion mark recently. The run-up is partly due to Tesla’s solid execution, with deliveries for this year poised to grow by almost 70% to about 850,000 vehicles, despite the ongoing semiconductor shortage. Tesla’s sizable lead in the self-driving market has also traditionally been a very big driver of the company’s valuation. So how far ahead is Tesla’s self-driving system versus peers, and how does it stack up versus driver-driven vehicles. See our dashboard analysis on Just How Far Ahead Is Tesla In The Self-Driving Race? for more details. Parts of the analysis are summarized below.