Tesla's FSD Confidence Grows: Touts Equipped Vehicle Can Drive Itself With 'Minimal Driver Intervention' Almost Anywhere
Portfolio Pulse from Anan Ashraf
Tesla Inc (NASDAQ:TSLA) is showing increased confidence in its full self-driving (FSD) capabilities, stating that equipped vehicles can drive themselves with 'minimal driver intervention' almost anywhere. The company also lists autosteer on city streets as a feature of FSD, a feature that was listed as 'coming soon' for over 4 years. Tesla recently reduced the price of FSD capability by 20% from $15,000 to $12,000.
September 04, 2023 | 3:11 am
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POSITIVE IMPACT
Tesla's increased confidence in its FSD capabilities and the price reduction could potentially boost sales and positively impact the company's stock price.
The news indicates Tesla's progress in self-driving technology, which is a key differentiator in the EV market. The price reduction makes the feature more accessible to customers, potentially increasing sales. Both factors could positively impact Tesla's stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100