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☆ These are the kinds of San Francisco roads Tesla's FSD had a hard time dealing with, report says
▼ + stars: | 2024-05-05 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +7 min

It's unclear if other aspects of Sunset's grid trip up Tesla's FSD more than other San Francisco neighborhoods. A Tesla makes an unprotected left turn on Lincoln Way, a major road in San Francisco's Sunset District. Another street that was once notoriously difficult for Tesla's FSD to work in was Lombard Street, a steep and windy road northwest of San Francisco. When asked about using the FSD feature in the Sunset, she told BI that she had "no problems" with it. AdvertisementA Tesla parked in San Francisco's Sunset District, where company employees rigorously tested the car's Full Self-Driving technology, according to a report.

Persons: Tesla, —, Elon Musk's, Musk's, Lloyd Lee, FSD, Francisco's, Tayfun, John Bernal, Musk, Walter Huang Organizations: The, Service, X, Railway, San, Sunset District, Lincoln, BI, Anadolu Agency, Getty, Tesla, Washington Post, P Global Mobility, California Department of Motor Vehicles, Los Angeles Times Locations: Sunset, San Francisco, city's, Judah, San Francisco Municipal, Lincoln, Francisco, San, San Francisco San Francisco, Lombard

☆ Don't rate Tesla's Full Self Driving too highly, tech investor says: 'By no means autonomous driving'
▼ + stars: | 2024-05-03 | by ( Ryan Browne | ) www.cnbc.com time to read: +1 min

News of electric car giant Tesla's progress toward rolling out its advanced driver-assistance feature in China isn't as groundbreaking as investors are treating it, according to a top tech investor. Mark Hawtin, GAM Investment Management's investment director focused on investing in disruptive growth and technology stocks, told CNBC' "Squawk Box Europe" Thursday that such expectations were misleading — not least because Tesla's Full Self Driving service doesn't offer full autonomous driving. "We should say what they're doing — everyone's talking about this full self-driving capability," Hawtin told CNBC. On Monday, shares of Tesla rose sharply, notching their best day since March 2021, after it passed a significant milestone toward the launch of FSD in China. This raised expectations that Tesla's FSD would soon be available in China.

Persons: Mark Hawtin, Hawtin, Tesla, Elon Musk Organizations: Investment, CNBC Locations: China, U.S, China . Local, FSD

☆ Facebook cofounder accuses Tesla of being the next 'Enron'
▼ + stars: | 2024-04-27 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +5 min

Read previewA Facebook cofounder's attacks against Tesla continues, and it comes with one of his boldest allegations against the company to date: Tesla is the next Enron. — Elon Musk (@elonmusk) April 26, 2024Moskovitz had not yet addressed Musk's posts on Friday. On Wednesday, the Facebook cofounder acknowledged the gravity of his comments in his social media post. Moskovitz also has long been skeptical of Elon Musk and his ventures. "I call on Elon Musk to resign," Moskovitz said on Threads last year, adding that he should resign "(from everything)."

Persons: —, Tesla, Dustin Moskovitz, Asana, Elon Musk, Musk, Dustin Moskowitz, — Elon, Moskovitz Organizations: Service, Business, Tesla, Enron, Traffic Safety Administration, Securities and Exchange Commission, Bloomberg, Justice Department, SpaceX, Elon

☆ Elon Musk once said Tesla's FSD would only get more expensive. The automaker just slashed the price to $99 a month.
▼ + stars: | 2024-04-13 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +1 min

Tesla slashed the price of its assisted driver software, FSD Supervised, from $199 to $99 a month. Elon Musk once said the cost of Tesla's FSD would only increase as it improves. AdvertisementTesla announced a price cut for its assisted driver software on Friday amid lower-than-expected vehicle sales for the first quarter of 2024. A subscription to Tesla's Full-Self Driving software — now called FSD (Supervised) to remind drivers that the system requires their attention at all times — is now being offered for $99 a month, down from $199 a month. This story is available exclusively to Business Insider subscribers.

Persons: Tesla, FSD, Elon Musk, — Organizations: Service, Business

☆ Elon Musk requires 'FSD' demo for every prospective Tesla buyer in North America
▼ + stars: | 2024-03-25 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +3 min

While all new Tesla vehicles have a standard driver assistance system installed called Autopilot, the company's FSD option costs $199 per month for most customers in North America. Tesla's FSD system does not turn cars into autonomous vehicles. According to the Tesla owners' manuals, drivers must remain attentive to the road and ready to steer or brake at any time when using FSD or FSD Beta. Owners with FSD can also get access to the FSD Beta system, which allows them to test and help debug newer driver assistance features on public roads. Under pressure from the National Highway Traffic Safety Administration, Tesla has implemented voluntary recalls to improve the safety of its Autopilot, FSD and FSD Beta systems in recent years.

Persons: Elon, Elon Musk, Musk, FSD, Tesla, Troy Teslike Organizations: Bloomberg, CNBC, Beta, National, Traffic Safety, Tesla Locations: Gruenheide, Germany, North America

☆ Morgan Stanley loves these 4 tech stocks which provide parts for Tesla's supercomputer
▼ + stars: | 2023-09-15 | by ( Amala Balakrishner | ) www.cnbc.com time to read: +3 min

Morgan Stanley has revealed a list of global stocks it likes, with four of them providing parts for Tesla 's supercomputer system. Morgan Stanley says its list of tech stocks are "well-positioned for US hyperscalers' acceleration of custom chip design," especially since custom chips are expected to outgrow the AI graphics processing units in the long term. Powering Tesla's Dojo In its research note, Morgan Stanley pointed out that Taiwan Semiconductor Manufacturing Company is the wafer foundry vendor for Tesla's Dojo 1 (D1) and Dojo 2 (D2). Morgan Stanley raised their price target on AIchip to 2,880 Taiwanese dollars, a 14% upside from its Sept. 12 price. They have priced the stock at 95,000 Korean won ($71.45), giving it a 35% upside from its Sept. 12 price.

Persons: Morgan Stanley, Tesla, Morgan Stanley's, — CNBC's Michael Bloom Organizations: Tesla's, Taiwan Semiconductor Manufacturing Company, Samsung, Nvidia, NVIDIA Locations: Korean, HBM

☆ Elon Musk's Tesla almost ran a red light during a FSD demo, video shows
▼ + stars: | 2023-08-29 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Elon Musk's Tesla almost ran a red light at a Palo Alto intersection while demoing FSD software. AdvertisementAdvertisementElon Musk's Tesla almost ran a red light at a Palo Alto intersection during a live demo of an unreleased version of Tesla's Full Self-Driving software. AdvertisementAdvertisementThe video demonstrated v12 of Tesla's FSD technology, which has not yet been released to consumers. The software's beta version was released to some Tesla owners in 2020 and is now available to anyone who pays for it. During the video, the Tesla CEO may have violated California law by holding his phone during the live-streamed drive.

Persons: Elon Musk's Tesla, Musk's Tesla, we've, Tesla Organizations: Twitter, Palo Alto Police Department Locations: Palo Alto, California

☆ A Tesla owner said his Model 3 in Full Self-Driving mode didn't slow down before it hit water on the road and crashed into a pond
▼ + stars: | 2023-08-27 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

A Tesla owner said his Model 3 didn't slow down before it hit water on a road in California. AdvertisementAdvertisementA Tesla owner using his Model 3 in Full Self-Driving mode says the car didn't slow down when it encountered water across on a road, causing it to crash into a pond. AdvertisementAdvertisementRyan claimed that his Model 3 didn't slow down as it approached the water lying on the road. A Tesla Model S crashed on a bridge in San Francisco on Thanksgiving in 2022 with seven other vehicles, the Guardian reported. Tesla didn't immediately respond to a request for comment from Insider, made outside normal working hours.

Persons: Ryan, Tesla, Tesla's Organizations: YouTube, Morning, Tesla, Guardian, Washington Post, Yorker Locations: California, Mono City, Mono City , California, San Francisco

☆ Elon Musk's politics haven't earned him any brownie points with customers — but they're still fiercely loyal to Tesla
▼ + stars: | 2023-07-27 | by ( Alexa St. John | ) www.businessinsider.com time to read: +4 min

Tesla owners are growing weary of Musk's antics and think he's damaging the brand. Despite the Twitter debacle and Musk's polarizing way of doing things, they love the Model 3. Elon Musk's politics haven't earned him any brownie points with his customers — but Tesla buyers are mostly still loyal to his cars, especially the Model 3. Bloomberg just reconducted a survey of 7,000 verified Tesla owners in 2019 about the automaker itself, the Tesla EV ownership experience, and opinions of Musk. Some Tesla owners voiced concerns about the CEO that echoed what others told Insider, including: "Dude is a clown," "Obviously he's both brilliant and a very loose cannon," "Brilliant industrialist.

Persons: they'll, Elon, haven't, Musk, Elon Musk, Tesla, Tesla's FSD Organizations: Bloomberg, Morning, Drivers Locations: Tesla

☆ The one piece of news from Tesla’s earnings report that’s got analysts buzzing
▼ + stars: | 2023-07-20 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Tesla 's plan to share its full self-driving capabilities with original equipment manufacturers has Wall Street analysts talking. TSLA 1D mountain Tesla shares fall after second-quarter earnings The comments from Musk came after Tesla topped second-quarter earnings expectations but showed margin weakness due to recent price cuts. Despite these near-term margin concerns , Morgan Stanley's Adam Jonas highlighted the FSD commentary as his biggest takeaway from the call. He did, however, stress some logistical concerns, including whether Tesla would need "greater involvement" in full software system of its peers. "A potential licensing of FSD would represent an important change of scope in how investors measure the TAM for Tesla."

Persons: Tesla, Elon Musk, we're, Musk, Morgan Stanley's Adam Jonas, Jonas, Goldman Sachs, Mark Delaney, Evercore ISI's Chris McNally, Canaccord, George Gianarikas, — CNBC's Michael Bloom Organizations: Wall, TAM, Tesla

☆ Tesla's Full Self-Driving feature could add $20 billion a year in revenue, Gene Munster says
▼ + stars: | 2023-07-20 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +2 min

Tesla's FSD software could bring major gains to the company's revenue, Gene Munster said. If Tesla licenses out the technology and lowers the price, that could add up to $20 billion a year. Sharing Tesla's FSD technology could be a major boost, since competitors are likely to use a first-to-market technology instead of spending money to develop their own version. By the fifth year, that could likely expand to an additional $20 billion in annual revenue, he added. "While these targets are many years away, it illustrates the FSD licensing opportunity is meaningful and worth the wait,"Munster said.

Persons: Gene Munster, Tesla, Elon, Munster Organizations: Service, Deepwater Asset Management, Munster Locations: Wall, Silicon

☆ NHTSA presses Tesla for more records in Autopilot safety probe
▼ + stars: | 2023-07-06 | by ( Lora Kolodny | ) www.cnbc.com time to read: +4 min

Tesla must send extensive new records to the National Highway Traffic and Safety Administration as part of an Autopilot safety probe — or else face steep fines. The agency initiated an investigation into Autopilot safety in 2021 after it identified a string of crashes in which Tesla vehicles using Autopilot had collided with stationary first responders' vehicles and road work vehicles. Instead, Tesla vehicles require a driver behind the wheel, ready to steer or brake at any time. The company's FSD Beta consists of driver assistance features that have been tested internally but have not been fully debugged. Tesla uses its customers as software and vehicle safety testers via the FSD Beta program, rather than relying on professional safety drivers, as is the industry standard.

Persons: Elon Musk, Porte, Tesla, Ronald Belt, Lars Moravy Organizations: SpaceX, Tesla, Twitter, Viva Technology, Porte de, National, Safety Administration, Beta, Cruise, FSD Beta, NHTSA Locations: Paris, France, U.S

☆ Super Bowl attack ad shows a Tesla slamming into 2 child-size mannequins and a stroller
▼ + stars: | 2023-02-13 | by ( Kate Duffy | ) www.businessinsider.com time to read: +4 min

A Super Bowl ad showed a Tesla slamming into two child-sized mannequins and a stroller. Tesla CEO Elon Musk said the ad would raise awareness a Tesla could drive itself while supervised. The 30-second ad was created by The Dawn Project, an organization that campaigns to ban what it calls "unsafe software." The Dawn Project says the ad shows tests it performed with a Tesla using the company's Full Self Driving (FSD) feature. On its website, The Dawn Project says Tesla's FSD software is "not safe for public roads."

☆ Elon Musk might have tweeted himself into hot water — again — with a regulator
▼ + stars: | 2023-01-09 | by ( Grace Kay | ) www.businessinsider.com time to read: +3 min

A US agency is examining a tweet from Elon Musk about possibly disabling a driver-monitoring feature. Tesla's FSD has a feature that reminds beta testers to apply pressure to the steering wheel. The National Highway Traffic Safety Administration (NHTSA) is examining a tweet from Elon Musk regarding an update to Tesla's Full Self-Driving (FSD) software, a spokesperson told Insider. FSD is an add-on to Tesla's Autopilot driver assist program. Tesla's FSD software has faced criticism in the past.

☆ Tesla shares rise on Citi upgrade, Elon Musk talk of a new factory in Asia
▼ + stars: | 2022-11-23 | by ( Lora Kolodny | ) www.cnbc.com time to read: +4 min

Tesla shares jumped almost 8% on Wednesday after hitting a 52-week low a day earlier. The rally followed an upgrade by analysts at Citi and an indication from Tesla CEO Elon Musk that South Korea is a top candidate for a new factory the company hopes to build in Asia. Some dips in Tesla shares followed massive stock sales by Musk as he liquidates in part to finance the Twitter deal. Earlier this month, Musk sold another $3.95 billion in Tesla shares, telling Twitter employees he was doing so to save the social media company. The firm still recommends buying Tesla shares and has a $330 price target.

☆ Elon Musk's rival Austin Russell said Teslas will not become self-driving anytime soon
▼ + stars: | 2022-11-01 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

Russell's company makes LiDAR tech, but Elon Musk has continually spoken out against the radars in the past. Russell founded Tesla self-driving rival Luminar Technologies in 2012 when he was a 17-year-old. Instead of LiDAR, Tesla relies on a suite of external cameras and other sensors for its autonomous-driving efforts. In an interview with Time, Russell said he believes Tesla will not be able to fully achieve self-driving technology until it embraces LiDAR technology. "We effectively have more major commercial wins than any other LiDAR company, and probably any other autonomous vehicle industry company," Russell said.

☆ Chinese EV maker Xpeng launches rival to Tesla's semi-autonomous driving system
▼ + stars: | 2022-09-20 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +2 min

The Chinese start-up announced Monday that it was piloting a feature known as City NGP, which stands for navigation guided pilot. City NGP is being trialed with some users of the premium version of it P5 sedan in the southern Chinese city of Guangzhou, where the company is headquartered, it said. City NGP was first announced last year, when Xpeng released Xpilot 3.5, the latest version of its advanced driver-assistance system, or ADAS. Charles Zhang, vice president of Xpeng, told CNBC on Monday that the pilot of City NGP brings the company "one step closer to full autonomy." Xpeng said that those trialing City NGP will need to download it via an update.

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