Tesla Rolls Out FSD V12 'Beta' To Non-Employee Drivers, Contrary To Elon Musk's Previous Statement
Portfolio Pulse from Anan Ashraf
Tesla Inc (NASDAQ:TSLA) has begun distributing version 12 of its full self-driving (FSD) software to non-employee drivers, despite CEO Elon Musk's previous statement that v12 would not be beta and would make Tesla vehicles fully autonomous. The rollout to non-employees comes after the software was initially released to employees about two months ago. Contrary to Musk's earlier claims, the update is still labeled 'Beta', indicating that the software still requires active driver supervision and is not yet fully autonomous.
January 22, 2024 | 2:54 am
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Tesla's release of FSD v12 'Beta' to non-employees may cause mixed reactions among investors. While the expansion of the beta program suggests progress, the fact that it is still not fully autonomous as previously hinted by Musk could lead to disappointment and concerns over the timeline for full autonomy.
The release of FSD v12 'Beta' to a wider audience indicates ongoing development and potential future revenue streams for Tesla. However, the fact that it is still not fully autonomous may temper investor enthusiasm, as it suggests that the technology is not advancing as quickly as Elon Musk had previously indicated. This could lead to short-term uncertainty in the stock price as investors reassess the timeline for full autonomy.
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