Stock Surge and the Rise of Autopilot Innovation

On May 8, 2013, Tesla defied expectations, reporting its first-ever quarterly profit. The next day, the stock skyrocketed, opening 25.5% higher and peaking at an incredible 8.1% gain intraday. Innovation surged forth in 2014 when the company introduced the pioneering Autopilot system—a revolutionary AI-based driver-assistance program integrated into the car’s software.

By September, “Hardware Version 1” became standard in every new Tesla, featuring a symphony of radar, camera, ultrasonic sensors, and software, all paving the way for the remarkable Autopilot experience. The car manufacturer propelled itself into a future where technology and transportation unite in a harmonious revolution.

Next: Further expansion, transformation, and more technology.