Tesla Has An Immense Lead In Self Driving

Self-driving cars operate using machine learning. Machine learning algorithms have become commoditized, even open source. Data, not algorithms, is what confers competitive advantage. Currently, Tesla (NASDAQ:TSLA) has access to vastly more driving data than any other company. The Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) subsidiary Waymo, once widely recognized as the leader in self driving, had a cumulative 2 million miles of driving data in October 2016. Tesla's cars with "full self-driving hardware" (HW2) are currently driving over 1 million miles per day.