Everything you need to know about Tesla's new self-driving system

Tesla

Tesla cars currently in production, as well as the upcoming Model 3, will be equipped with the hardware to become fully self-driving, the electric car maker announced Wednesday.

"The foundation has been laid for fully autonomous, it's twice as safe as a human, maybe better," CEO Elon Musk said during a media call Wednesday evening.

But that doesn't necessarily mean Tesla vehicles will start zipping around autonomously right away.

Here's a closer look at what the company is doing and how it plans to roll out the technology.