Tesla has been showcasing its advanced Full Self-Driving (FSD) technology in preparation for the upcoming Robotaxi launch in Austin, Texas. The company’s FSD capabilities have been demonstrated through a video posted on social media, highlighting a Tesla vehicle navigating through traffic using Supervised FSD near Los Angeles International Airport.
Video Demonstration
A video was shared, showcasing a Tesla vehicle using Supervised FSD to drop off a passenger at Los Angeles International Airport. The video was later quoted by Tesla’s official social media handle, stating “LAX is no problem for FSD Supervised.” This post was also shared by Tesla CEO Elon Musk.
Importance of FSD Technology
The demonstration of FSD technology is significant as Tesla prepares to launch its Robotaxi in Austin. However, the company has faced a setback as the U.S. Patent and Trademark Office refused to grant trademarks for “Robotaxi” and “Cybercab.” Despite this, analysts remain optimistic about Tesla’s future, citing the potential benefits of increased EV adoption and autonomous driving.
Current Challenges
Tesla is currently facing challenges, including a 13% drop in deliveries and surging inventory at its dealerships. The company has extended the Memorial Day break, asking employees to stay at home. Additionally, Tesla has been struggling with poor sales figures in the U.S. and Europe, prompting the company to offer free FSD transfers on all its models to boost sales.
Analyst Outlook
Despite these challenges, analyst Gary Black believes that Tesla will reap the benefits of increased EV adoption and autonomous driving. The company’s stock has gained 7.41% in pre-market trading, currently valued at $320.35.
Conclusion
As Tesla prepares to launch its Robotaxi, the company’s advanced FSD technology is being showcased through various demonstrations. While the company faces current challenges, analysts remain optimistic about its future prospects. With the potential benefits of increased EV adoption and autonomous driving, Tesla is poised to make significant strides in the industry.