Tesla CEO Elon Musk predicts that self-driving cars could dominate roads in as little as five years, but as with all his bullish statements, they should not be taken too literally.

"Five years from now and certainly 10 years from now... probably 90% of all distance driven will be driven by the AI in a self-driving car," The billionaire said this week at the Samson International Smart Mobility Summit in Tel Aviv.

"So overwhelmingly, it'll be quite a niche thing in 10 years to ​actually be driving your own car," he added.

There has certainly been much progress in autonomous driving since artificial intelligence accelerated in 2022. But there are massive hurdles to the technology becoming mainstream on roads so soon.

Tesla recalled over 200,000 vehicles in the United States due to issues with rearview camera images, which could increase crash risk, according to the National Highway Traffic Safety Administration (NHTSA).