Key Takeaways Tesla receives a price target boost from Truist Securities, raising it to $373 amid mixed reactions. Analyst William Stein criticizes the focus on Tesla’s potential releases and a lack of substantial new information on vehicles and AI achievements. Despite missing financial targets in Q4 2024, Tesla’s stock sees an uptick due to promising…
Key Takeaways Elon Musk claims that Tesla’s Full Self-Driving (FSD) feature is advanced, leading some drivers to turn it off to avoid annoying beeps when taking their hands off the steering wheel. Musk described a “perverse situation” where drivers switch to manual steering (with their knees) to check text messages, potentially compromising safety. Musk emphasized…
Key Takeaways Tesla’s Q4 2024 report indicates a crash for every 5.94 million miles with Autopilot engaged. Non-Autopilot vehicles recorded a crash every 1.08 million miles. The NHTSA reports a crash rate of one in every 702,000 miles for all US vehicles. Safety reports show a decrease in crash rates from Q3 to Q4 2024…
Key Takeaways Tesla will launch unsupervised Full Self-Driving as a service in Austin, Texas, in June. This marks the first driverless service by Tesla on public roads worldwide. The announcement was made by Elon Musk during Tesla’s Q4 Earnings Call. Austin is chosen as the initial launch location to ensure safety before expanding. The service…
Key Takeaways Tesla’s Full Self-Driving (FSD) platform can navigate vehicles from production lines to logistics lots autonomously. The FSD feature is part of Tesla’s ongoing improvement in manufacturing efficiency. Vehicles at the Fremont Factory travel a 1.2-mile route through complex factory environments entirely on their own. Tesla Autopilot head, Ashok Elluswamy, reveals a new camera…
Key Takeaways Tesla is deploying Full Self-Driving (FSD) Unsupervised at its Fremont Factory, showcasing a notable advancement in autonomous vehicle technology. The significance of Teslas driving themselves around the factory is somewhat understated, as similar features have been available for some time. A video preview hints at the potential expansion of the cybercab fleet and…
Key Takeaways Tesla has a positive outlook for long-term growth, according to a Goldman Sachs report, due to its leadership in EVs and innovations in AI and technology. Goldman Sachs analyst Mark Delaney reiterated a Neutral rating for Tesla, with a price target set at $345. Tesla’s technical capabilities in AI, software, and hardware enhance…
Key Takeaways Tesla investors eagerly await details on a new lower-cost EV model, crucial for achieving a 30% delivery growth target in 2025. Tesla’s stock soared by over 60% following Trump’s election win, with expectations of regulatory ease for self-driving cars. Intense competition in China led Tesla to experience a decline in deliveries for the…
Key Takeaways Tesla has begun rolling out FSD (Supervised) v13.2.5.1 to AI4 vehicles, as shared by users on the platform X. The update comes bundled with software update 2024.45.32.6, although release notes appear unchanged from previous versions. The release includes significant enhancements such as improved data scaling, reduced latency, and enhanced collision avoidance. AI3 vehicle…
Key Takeaways Tesla’s stock has been highly volatile, similar to a roller-coaster ride, but it rewarded investors with a 1,050% gain over five years. Despite its historical growth, Tesla is facing slower growth due to higher interest rates, inflation, and increased competition in the EV market. Tesla’s energy generation and storage segment grew 52% year…