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Tesla Motors founder Elon Musk has raised the ante on the rest of the automobile industry, declaring in a recent interview with the Financial Times that his company's self-driving car will be street-ready by 2016.
Google, whose autonomous car has successfully driven more than 500,000 miles and has even accommodated a blind driver, had previously set 2018 as the expected release date for its self-driving car technology. Israeli company Mobileye is the only other to make as bold a claim as Tesla, albeit with a lower-cost system that The New York Times says "does not offer the autonomy achieved by Google's engineers."
Although Musk has a tendency to talk publicly of far-reaching technological concepts, most notably the Hyperloop, he told...