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1.3 Billion Reasons Why Silicon Valley And Detroit Are No Match For Tesla

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1.3 Billion Reasons Why Silicon Valley And Detroit Are No Match For Tesla

There are 1.3 billion reasons why Detroit's automakers and Silicon Valley's hottest startups can't compete with Elon Musk's Tesla Motors Inc (NASDAQ: TSLA).

According to a Bloomberg Technology report,, Tesla has amassed 1.3 billion miles of data from its cars equipped with self-driving technologies — not only in its home base of sunny California but across diverse road and weather conditions across the planet.

However, it should be noted that the 1.3 billion figure may be a bit deceptive, as it includes miles driven when the autopilot feature is not engaged. Nevertheless, it the feature operates in "shadow mode" and sensors are active in tracking the real-world data.

Wall Street analysts, including Trip Chowdhry of Global Equities Research, have been active in highlighting Tesla's massive advantage of its automaker peers.

Musk tweeted in October that the total number of cumulative "Autopilot-on" miles stood at 222 million — still an impressive feature, which is no match for General Motors Company (NYSE: GM) and even Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)'s Google unit to compete with. In fact, Karl Brauer, the executive publisher for Kelley Blue Book told Bloomberg that most automakers and technology companies don't want to disclose how far they are in the autonomous vehicle race. Naturally, Musk is the lone exception, as he is "always out there claiming how far ahead of everyone else he is."

"There's no question that Tesla has an advantage," Nindhi Kalra, a senior information scientist at the Rand Corporation told Bloomberg. "They can learn from a wider range of experiences and at a much faster rate than a company that is testing with trained drivers and employees behind the wheel."

 

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