Tesla FSD Should Be 'Really Shining Bright' By Late April Or Early May, Says CEO Elon Musk
Portfolio Pulse from Anan Ashraf
Tesla Inc (NASDAQ:TSLA) CEO Elon Musk announced plans to roll out three significant improvements to its Full Self Driving (FSD) software every two weeks, aiming for a substantial enhancement by late April or early May. The FSD software, still in beta and requiring driver supervision, recently saw the release of version 12.3, receiving positive feedback. Musk highlighted improved training compute constraints as a factor enabling quicker updates. Despite Musk's emphasis on vehicle autonomy as a key value driver for Tesla, he acknowledged that widespread autonomous driving might take a decade.
March 19, 2024 | 7:05 am
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Tesla Inc plans to enhance its Full Self Driving software significantly, with updates every two weeks, aiming for major improvements by late April or early May. This move could positively impact investor sentiment and Tesla's stock price in the short term.
The announcement of rapid improvements to Tesla's FSD software directly impacts the company's stock as it aligns with Elon Musk's vision of autonomy being a key value driver. Positive feedback on recent updates and improved capabilities in upcoming versions could enhance investor confidence and anticipation, likely leading to a positive short-term impact on Tesla's stock price.
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