Tesla Exec Addresses Delay In FSD Version 12 Rollout For Model S And X Owners: 'We Don't Want To Give False Precision On Timing…'
Portfolio Pulse from Anan Ashraf
Tesla Inc's executive Rohan Patel addressed the delay in rolling out version 12 of the Full Self-Driving (FSD) software for certain Model S and X vehicles. The delay is due to the need to validate different hardware present in about 3% of FSD-eligible vehicles. Despite the delay, Tesla's team is focused on resolving the issue, though no specific timeline was provided. The rollout of free FSD trials in the U.S. has received positive reviews, aiming to encourage purchases or subscriptions by showcasing the software's potential for fully autonomous driving.
April 01, 2024 | 7:56 am
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Tesla Inc faces a minor setback with a delay in FSD version 12 rollout for certain Model S and X vehicles due to hardware validation issues, affecting about 3% of FSD-eligible vehicles. The company's focus on resolving this issue and the positive feedback from free FSD trials could influence investor sentiment.
The delay in the FSD version 12 rollout for a small percentage of vehicles is a minor setback but is unlikely to have a significant long-term impact on Tesla's stock. However, the positive feedback from the free FSD trials could bolster investor confidence in Tesla's autonomous driving technology, potentially offsetting any negative short-term sentiment caused by the delay.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90