Morgan Stanley analyst Adam Jonas has long been warning of the impact of Tesla’s fast pace of innovation in the auto industry. He even warned that Tesla’s Autopilot machine learning could potentially render all other cars obsolete.
Now Jonas suggests that the auto industry’s inability to match Tesla’s over-the-air software update capability could make them “highly vulnerable to obsolescence”.
In a new note to clients yesterday, Jonas stated that the Tesla Model S was launched 5 years ago and “there are almost no other cars on sale that are capable of OTA updates of firmware.”
He asks “Why is this taking so long?”
Read the full article on Electrek.