Software Will Shape the Future of the Automotive Industry
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Software will shape the future of the Automotive Industry, these are the words of Elon Musk, CEO, Tesla. He also believes the Chinese automakers are the most competitive with Tesla on that front.
He made this comment in a pre-recorded appearance at the 2021 World New Energy Vehicle Congress in Hainan, China.

Elon Musk is known for his unrehearsed presentations at Tesla events, while this presentation is out of contrast as it appears he is reading prepared answers to the question sent to him earlier.
You can view the entire footage of Musk’s answers to the questions from China’s 2021 World New Energy Vehicle Congress thanks to @JayinShanghai

Musk in the video mentioned Tesla focusing on accelerating electric vehicle production in China and its desire to reduce the cost to address the strong demand in the market. China is the largest auto market in the world.

Musk speaking about the competition in China said, “I have a great deal of respect for the many Chinese automakers for driving these technologies. My frank observation is that Chinese automobile companies are the most competitive in the world, especially because some are very good at software.”

According to him, “software will most shape the future of the automobile industry,” especially the autonomous driving software.

There are several Chinese EV startups, like Nio and Xpeng, focusing on software. Though Tesla seems to have problems with Xpeng after it was accused of stealing its Autopilot software.

Speaking on issues related to data security, Musk said, “Data security is not only the responsibility of a single company but also the cornerstone of the whole industry development. Tesla will work with national authorities in all countries to ensure the data security of intelligent and connected vehicles. Tesla hopes to contribute to a digitized future of shared benefits, responsibilities, and governance. With the rapid growth of autonomous driving technologies, the data security of vehicles is drawing more public concerns than ever before. We figure it is necessary to address public concerns by applying appropriate technical measures.”

Earlier the Chinese military issued a notice banning Tesla owners from parking their vehicles on bases and in housing complexes. Concerns were raised related to Tesla using a number of cameras all around its vehicles and where the data goes.

Commenting on this situation, Musk said, “Tesla is not using its vehicles’ cameras to spy on China.” Though this fell on deaf ears, the employees are still not allowed to park their Tesla vehicles on government property.

Later Tesla made it clear it will store all data collected in China locally.

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