Elon Musk Indicates 6-Month (Or Less) Timeline For FSD Integration On New Teslas
Portfolio Pulse from Benzinga EV Insights
Elon Musk, CEO of Tesla Inc (NASDAQ:TSLA), has indicated that Full Self-Driving (FSD) integration on new Tesla vehicles equipped with Hardware 4 (HW4) will take at least another six months. The company's primary focus is currently on refining FSD for vehicles with Hardware 3 (HW3). Tesla's Model S, Model X, and Model Y have included HW4 since March and May 2023 respectively, while Model 3 still comes with HW3. Tesla owners can access FSD by paying a one-time fee of $15,000 or a subscription of $200 per month.
August 28, 2023 | 6:18 pm
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NEUTRAL IMPACT
Tesla's timeline for FSD integration on HW4-equipped vehicles may impact its stock. The company's focus on refining FSD for HW3 vehicles and the availability of FSD for a fee or subscription could also influence the stock.
The news about the timeline for FSD integration on HW4-equipped vehicles could create anticipation among investors, potentially impacting Tesla's stock. However, the company's current focus on refining FSD for HW3 vehicles and the availability of FSD for a fee or subscription could also influence investor sentiment and the stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100