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Tesla Inc (NASDAQ: TSLA) CEO Elon Musk on Sunday said that his company should make a device that uses artificial intelligence to cut waiting time at traffic lights.
What Happened: The billionaire entrepreneur was responding to Twitter posts that pointed out how significant time is wasted at traffic lights even when no vehicle or humans were crossing.
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— Elon Musk (@elonmusk) March 5, 2022
Musk pitched in an idea for Tesla to make an AI vision device that could make traffic lights smarter by simply monitoring the traffic.
Maybe Tesla should make an AI vision device that plugs into these legacy traffic lights. It could just look at traffic & automatically maximize throughput.
— Elon Musk (@elonmusk) March 6, 2022
Why It Matters: The world’s most valuable car company has been betting big on artificial intelligence, deploying it to develop an advanced driver-assistance feature that will make its electric cars fully autonomous.
Musk last year told investors at Tesla’s AI Day that it plans to build a humanoid robot that would draw on some of its EV technology.
Price Action: Tesla shares closed 0.12% higher at $838.3 a share on Friday.
Photo by Steve Jurvetson on Wikimedia
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.