Tesla Inc. CEO Elon Musk has announced that the company’s Full Self-Driving (FSD) technology’s latest update could give the EV giant a major autonomous boost. This development is a significant step towards achieving fully autonomous driving capabilities.
The ‘Last’ Puzzle Piece
Musk took to social media to respond to a post by influencer Devin Olsen, who shared his experiences with the FSD latest v14 update. Olsen praised the update, calling it smooth and refined compared to previous versions. Musk replied, “14.3 is where the last big piece of the puzzle finally lands,” which could tease the arrival of Unsupervised FSD.
FSD V14 Receives Praise
The FSD system’s latest update has garnered praise from experts like Ross Gerber, co-founder of investment firm Gerber Kawasaki, who called it a “big step up” from the previous iteration. Despite the praise, Gerber highlighted some mapping issues with the technology. Meanwhile, Tesla bull and Morgan Stanley analyst Adam Jonas reaffirmed his bullish views on Tesla’s FSD, saying that the company had “solved” autonomous driving.
Possible European Expansion
Tesla is reportedly eyeing an expansion in the European market in 2026 after conducting FSD demonstrations with regulators in several countries within the European Union.
FSD Still Has Hurdles
However, the technology has been under scrutiny by NHTSA, which launched an investigation into 2.88 million Tesla vehicles after reviewing multiple incidents of traffic violations and accidents involving the automaker’s cars while on either the FSD or Autopilot systems. Additionally, The Dawn Project founder Dan O’Dowd slammed Musk and Tesla after posting a video showcasing a Tesla Robotaxi safety driver apparently asleep behind the wheel as the car was driving itself.
Current Developments
Tesla scores well on Momentum and Quality metrics, offering satisfactory Growth, but poor Value. The company has a favorable price trend in the Medium and Long term. As of the latest market close, TSLA surged 0.70% to $393.83 during after-hours trading.
Future Outlook
With the latest update and potential expansion into the European market, Tesla is poised to make significant strides in the autonomous driving space. However, the company must address the existing hurdles and concerns surrounding the technology to achieve fully autonomous driving capabilities.
Related News
- Tesla to expand rental program across multiple US cities with unlimited miles, free supercharging from $60/day.
- For more information on Tesla and the Future of Mobility, check out our related coverage.
Photo Courtesy
Photo courtesy of Brian Gallegos on Shutterstock.com.
Note: All information is based on the provided text and may not reflect the current market situation or the latest developments in the field of autonomous driving.