On Thursday, the Shanghai World Artificial Intelligence Conference got underway.

despite other American AI players like Open AI not being there, Tesla Inc. is making its presence known.

Elon Musk, CEO of Tesla, participated in the opening ceremony by video.

 He affirmed his belief in China's potent AI potential.

“I have been wrong about this prediction in the past, but I feel we are closer to it than we ever have been,” Musk said.

Tesla announced in 2016 that its cars would have the necessary hardware to support fully autonomous driving.

Tesla's FSD software still necessitates active driver monitoring despite numerous revisions.

Shareholders of Tesla sued the firm on the grounds that it had inflated the efficiency and security of its Autopilot.