Elon Musk is right. You can't cram 20 radars, 50 LIDARs and 100 cameras into a car and declare self-driving solved. No amount of sensors can redeem a piss poor driving AI.
Conversely, if you can build an AI that's good enough, then you don't need a lot of sensors. All the data a car needs to drive safely is already there - right in the camera data stream.