Tesla’s Cybertruck, known for its unique design, is expected to receive parking assistance features this weekend, according to hints from a senior Tesla executive. While the vehicle currently lacks Autopilot and Full Self-Driving (FSD) capabilities, the company plans to introduce these features gradually, with parking assistance coming first. FSD, a more advanced driver assistance feature, is planned for a September rollout.
A Tesla driver, Carl Hunter, has been charged with vehicular homicide after his vehicle in autopilot mode crashed into a motorcyclist, killing him. The victim, Jeff Nissen, was pronounced dead at the crash site. Investigators say Hunter admitted to drinking prior to the crash but passed field and blood tests. They labeled distracted driving as the cause of the crash, as Hunter was using his phone at the time. Tesla offers a Full Self-Driving (Supervised) feature, but recommends drivers remain attentive and avoid complacency. It’s unknown if Hunter was using the trial or had paid for the service. Nissen’s sister urged drivers to put away their phones and pay attention to the road.
UiPath has been trading at $18.75, rated as a buy by analysts at Seeking Alpha and Wall Street. The company recently achieved GAAP operating profits for Q4 2024 and boasts strong growth, but operating expenses could increase due to driving sales in a competitive market. Despite AI hype, analysts suggest holding off on buying UiPath due to its high valuation and need for Gen AI progress. UiPath’s first quarter of positive GAAP operating income in Q4 shows promise, but it’s crucial to wait for long-term cost control before investing. With Gen AI posing a potential threat to UiPath’s ML-based products, the company has introduced Autopilot to leverage Gen AI for immersive experiences. However, since Autopilot is not yet commercialized, it’s best to wait for a pipeline and customer interest before investing. UiPath’s ML-based solutions remain advanced for automation, but it needs to grow in sophistication with the advent of interactive chat-based tools. Its pioneer status in automation may prove useful to drive adoption for Autopilot, but investors should conduct additional research before investing.
A 56-year-old Tesla driver in Snohomish, Washington, caused a fatal accident while using the car’s advanced driver assist system (ADAS). The system, believed to be Autopilot, failed to detect a motorcyclist, leading to a collision that resulted in the motorcyclist’s death. The Tesla driver, who was allegedly inattentive and had consumed alcohol prior to the crash, faces charges of Vehicular Homicide. The incident highlights concerns about the safety and reliability of driver assist systems, particularly in the absence of strict regulations and industry guidelines. Tesla maintains that its systems require attentive drivers, but critics argue that the company has misled consumers by promoting its vehicles as self-driving.
