It looks like Tesla is just trying to play catch up with some other companies. Volvo already has a car with self driving technology, Chrysler also has a very good near-self-driving system.
This announcement is quite bubbly, IMO. Many luxury automakers have had the capability for "highway autonomy" in the way Tesla seem to describe for several years now: see this reckless Infiniti driver https://www.youtube.com/watch?v=zY_zqEmKV1k .
The "parking lot to parking lot" capability would be truly interesting (as city driving presents a lot of interesting problems that aren't just "follow lines and traffic") but as there's no announced timeline for it, there's no sign Tesla are actually ahead of the numerous other automakers working on the same capability.