Elon Musk claims Tesla has created 'the best chip in the world' for autonomous vehicles

Elon Musk has given a rare glimpse into the underpinnings of his electric car company's futuristic autonomous vehicle technology. At Tesla's first-ever Autonomy Day with investors, the firm revealed it has developed what it says is the'best chip in the world' that will allow its cars to achieve full self-driving capabilities without the need for human intervention. The new chip has allowed Tesla to make strides in bringing fully autonomous software to its fleet of vehicles, so much so that Musk predicts Tesla will have more than one million fully self-driving cars on the road by 2020. Elon Musk has given a rare glimpse into the underpinnings of his electric car company's futuristic autonomous vehicle technology. How could it be that Tesla, who has never designed a chip before, would design the best chip in the world?' Musk said on stage at the event, which was hosted at Tesla's Palo Alto, California headquarters.