Tesla Exec Says 'We Won't Be Shy' To Share Data To Prove FSD Is Safer Than Human Drivers
Portfolio Pulse from Benzinga Neuro
Tesla Inc. (NASDAQ:TSLA) is considering sharing data to prove its Full Self-Driving (FSD) technology is safer than human drivers, in response to new autonomous vehicle regulations in British Columbia, Canada. The company's approach aims to navigate regulatory challenges by emphasizing data-driven safety arguments. This comes as Tesla rolls out free FSD trials in North America and faces delays in deploying FSD software updates. The price of FSD has increased from $5,000 to $12,000 in the U.S., with subscription options available.
April 10, 2024 | 5:53 am
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Tesla Inc. is considering a more open approach to sharing data on its Full Self-Driving technology to prove its safety benefits over human drivers. This strategic shift aims to address regulatory challenges and promote wider adoption of FSD.
Tesla's potential shift towards a more transparent and data-driven approach in advocating for its FSD technology could positively impact investor sentiment and consumer trust. By addressing regulatory challenges head-on and emphasizing the safety benefits of FSD, Tesla may enhance its position in the autonomous vehicle market and drive wider adoption of its technology. This strategic pivot, coupled with the rollout of free FSD trials and updates on software deployment, underscores Tesla's commitment to advancing autonomous driving technology, which could have a favorable short-term impact on TSLA's stock price.
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