Elon Musk Says Tesla's Non-Beta FSD V12 Working Well In California
Portfolio Pulse from Anan Ashraf
Elon Musk announced that Tesla's Full Self-Driving (FSD) version 12 (V12) is working well in California and is already on many cars. However, it requires more training for areas with heavy precipitation. V12, which started rolling out to employees in late November, has a new architecture, leading to extra testing before its public rollout. Musk has previously indicated that V12 would mark the end of the beta phase for FSD, suggesting full autonomy is near, a claim he reiterated at the 2023 World Artificial Intelligence Conference.
December 28, 2023 | 3:24 am
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POSITIVE IMPACT
Tesla's FSD V12 is showing positive results in California, indicating progress towards full autonomy. This news may boost investor confidence in Tesla's technological advancements and its potential market lead in autonomous driving.
The news of FSD V12 working well is a positive development for Tesla, suggesting that the company is making significant progress in its autonomous driving technology. This could lead to increased investor optimism about Tesla's future prospects and potentially drive the stock price up in the short term. However, the mention of needing more training for heavy precipitation areas indicates that there are still challenges to be addressed, which tempers the potential impact slightly.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100