Tesla’s Cybertruck to Get Parking Assistance Features This Weekend

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.

Tesla Shares Plunge Amid Safety Concerns and FSD Delays

Tesla shares are experiencing a decline today due to a combination of factors, including an NTSB investigation into a Tesla Semi truck crash and the delayed rollout of its Full Self-Driving (FSD) technology for the Cybertruck. This news comes as Tesla prepares to ramp up production of the Semi and further fuels concerns about the safety and reliability of its newer models.

Tesla’s Autonomous Driving Monopoly Challenged: Gary Black Expresses Skepticism

Tesla’s dominance in the autonomous driving market is facing growing skepticism, with prominent Tesla investor Gary Black questioning the company’s ability to maintain a monopoly in the unsupervised L4/L5 autonomy sector. Black highlights the progress of competitors like Baidu, Mobileye, and Waymo, who have already received approvals to deploy their autonomous vehicles. He also raises concerns about the timeline and reliability of Tesla’s Full Self-Driving (FSD) technology, pointing to the lack of evidence supporting its unsupervised capabilities.

Tesla’s Earnings: Optimus May Dominate the Car Business

Tesla’s recent earnings call painted a mixed picture, with revenue and profitability declining year-over-year. However, the market has reacted positively, pushing shares up over 10% after hours. This is likely due to the company’s ambitious product roadmap, which includes the introduction of Optimus, a humanoid robot. While TSLA’s valuation remains high, investors are betting on its long-term potential as a leader in robotics, autonomy, and clean energy.

Tesla’s ‘Full Self Driving’ System Gets a Price Cut

Tesla has significantly reduced the price of its partially automated driving system, ‘Full Self Driving’ (FSD), from $12,000 to $8,000. Customers can also subscribe to the feature for $99 per month. FSD includes features such as auto lane changes, auto parking, and lane keeping on surface streets. Tesla claims that FSD will enable cars to drive themselves with minimal driver intervention, but emphasizes that active supervision is still necessary and the vehicle is not fully autonomous. Despite safety concerns and a recent recall, FSD remains crucial to Tesla’s future plans, as the company aims to develop a robotaxi service leveraging the system.

Scroll to Top