Tuesday, 20 November, 2018

Traffic authority's report on Tesla crash could hit autonomous development hard

Traffic authority's report on Tesla crash could hit autonomous development hard Traffic authority's report on Tesla crash could hit autonomous development hard
Russell Knight | 14 June, 2018, 14:21

Tesla (NASDAQ:TSLA) stock surged more than 12 points to $330 in early trading Monday after Chief Executive Elon Musk tweeted that the next major Tesla software update will begin to enable all versions of the electric vehicle "full self-driving features".

"It's super messed up that a Tesla crash resulting in a broken ankle is front page news and the (approximately) 40,000 people who died in U.S. auto accidents alone in past year get nearly no coverage", Musk said last month.

At the moment, Autopilot is limited to Level 2 automation.

Tesla CEO Elon Musk has revealed in a recent announcement that the automaker's forthcoming super auto - the next-generation Roadster - will feature an "Augmented Mode" which will enable the drivers to handle the vehicle's power.

While this doesn't guarantee the carmaker's version 9 software will make your Tesla a self-driving vehicle, it at the very least, suggests that the new software would include the first steps to fully-autonomous driving.

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"To date, Autopilot resources have rightly focused entirely on safety", Elon Musk tweeted. But this time it was Elon Musk's own Roadster, which was launched into space atop a Falcon Heavy rocket.

All of this functionality is "dependent upon extensive software validation and regulatory approval, which may vary widely by jurisdiction".

The tweet said that the new v9 update would "enable full self-driving features", which does not necessarily mean that Tesla will be able to operate autonomously.

"The software update is good news", said analyst Chaim Siegel from Elazar Advisors, adding the stock was still benefiting from last week's prediction by Musk that it would finally hit its production target for its Model 3 sedan.

General Motors said last week that its driver assistance feature, Super Cruise, will allow drivers to take their hands off the steering wheel for extended periods, but will stop the vehicle automatically if drivers are not attentive.

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