Tesla Inc. has released new safety data for its Full Self-Driving (FSD) technology, revealing that the system has driven over 8.2 billion miles to date. This achievement marks a significant milestone for the company, with over 3 billion of these miles driven in city driving conditions.
The Value of a $1000 Investment in Tesla 15 Years Later Revealed
Tesla has demonstrated remarkable growth over the past 15 years, outperforming the market by 33.7% on an annualized basis. This impressive performance has resulted in an average annual return of 45.38%. As of now, Tesla boasts a market capitalization of $1.54 trillion, solidifying its position as a leader in the industry.
Tesla Abandons 'Autopilot' Label to Avoid 30-Day California License Suspension
The California Department of Motor Vehicles (DMV) has confirmed that Tesla has avoided a suspension of its license to manufacture and sell vehicles in the state. This comes after the automaker dropped the “Autopilot” term from its marketing activities for its Advanced Driver Assistance Systems (ADAS).
Elon Musk Unveils Affordable Tesla Cybercab at $30,000, Prompting MKBHD to Consider a Head Shave
Elon Musk, the CEO of Tesla Inc., has revealed the first production version of the Cybercab, which will be priced at $30,000. This milestone was announced on the social media platform X, where Musk congratulated the Tesla team on producing the first unit of the Cybercab at the Gigafactory in Texas.
Tesla Discontinues FSD One-Time Purchase Option: Here's a Potential Workaround
Tesla has officially discontinued the one-time payment option for its Full Self-Driving (FSD) technology. However, some owners may still be able to access the system without the $99/month subscription.
Tesla's FSD System Repeatedly Attempts to Drive into Body of Water, According to Owner
A Tesla owner has reported that the company’s Full Self-Driving (FSD) system attempted to drive his vehicle into a lake on multiple occasions. The owner, Daniel Milligan, shared a video on social media showing the incident, which occurred while the vehicle was operating on FSD version 14.2.2.4.
Elon Musk Reaffirms April Target for Tesla Cybertruck Production, Expects Slow Initial Start
Tesla Inc. CEO Elon Musk has reiterated the company’s goal to start production of the upcoming Cybertruck in April. In a recent social media post, Musk quoted a video showcasing a clip from an old interview where he predicted the advent of autonomous vehicles.
Elon Musk Predicted to Become Trillionaire by 2026
Elon Musk’s current fortune of $849.3 billion is largely tied to his ownership stakes in Tesla Inc. and SpaceX. In a recent statement, Musk noted that his net worth is almost entirely due to these ownership stakes, with less than 0.1% being cash.
Tesla Establishes AI Chip Design Operations in South Korea with Active Engineer Recruitment
Tesla is actively recruiting AI chip designers in South Korea as part of its ambitious plan to lead in AI chip production. This recruitment drive aligns with the company’s vision to develop AI chip architecture that will achieve the highest production volume in the world.
Cathie Wood Predicts Tesla's Optimus Will Revolutionize Factories and Homes by 2028-2029
Cathie Wood, CEO of ARK Invest, predicts that Tesla Inc. will deploy its Optimus humanoid robot to transform factory life, then home life, by 2028/2029.