Bold Forecast Secured: Elon Musk Confident Tesla Will Achieve Level 5 Autonomous Driving in 2020

Investors familiar with Tesla (NASDAQ: TSLA) are well aware that advanced autonomous-driving capabilities and an outspoken CEO are two characteristics of the electric vehicle manufacturer that distinguish it from a majority of other car companies. In his statement, Musk said that Tesla is "very close to Level 5 autonomy," and suggested that it wouldn't be long before the company achieved it, stating, "I remain confident that we will have the basic functionality for Level 5 autonomy complete this year." According to the Society of Automotive Engineers, Level 5 autonomous driving means that the vehicle is capable of performing all driving tasks amid any conditions without the need for human intervention.