Part 4/16:
He points out that tests of Tesla’s Full Self-Driving (FSD) system often involve safety drivers actively intervening, which signifies that the technology is still in its early stages. Moreover, the hardware and regulatory approval processes are complex; perfecting a system that can operate safely without supervision across diverse environments is a formidable task. As such, Goldstein cautions that the market is overly optimistic, pricing in a near-term revolution that might still be years away.