Tesla Motors (TSLA) Announcement: Full Autonomy-Capable Hardware In All Cars Being Produced Now

In an announcement delayed by three days, Tesla Motors said Wednesday all its vehicles now in production -- including the upcoming Model 3 -- will have hardware that is capable of fully-autonomous driving. According to Tesla, full self-driving capability will provide "a safety level substantially greater than that of a human driver." So what does this new full autonomy-capable hardware consist of? First, there are cameras and sensors to collect data. A complete 360-degree vision is provided by eight cameras around the car that have a range of up to 250 meters.