Nikkei:

TOKYO — Tesla Motors plans to develop its own autonomous driving system, with part of the technology to be introduced in three years, said Chief Executive Officer Elon Musk.”Full auto-pilot capability is going to happen, probably, in the five- or six-year time frame,” the head of the U.S. electric vehicle manufacturer told The Nikkei on Monday. “The overall system and software will be programmed by Tesla, but we will certainly use sensors and subcomponents from many companies,” Musk said.

Tesla aims to get a head start by incorporating some of the technology in a new electric vehicle slated to go into production around three years from now, he added. This car is expected to be priced at around $35,000.

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