"Elon Musk has been teasing for years about self-driving Teslas. But, when it comes to autonomous driving technology, Tesla is actually running behind when it comes to strategy and execution.
For example, Cruise, a subsidiary of General Motors, is better at driving autonomously and is building a business that will make car ownership obsolete. When it comes to self-driving, Tesla is no longer the leader, but only a challenger as its models are just starting to recognize traffic lights and stop signs.
Cruise logged 831,040 autonomous miles in California during 2019 while Tesla logged 12.2 autonomous miles. But an even greater reason for concern is that Cruise is not competing for a garage space but to replace car ownership altogether. Therefore, its service which is due to launch next year is threatening Tesla's core business."