autopilot
Regulators in Germany have launched a probe over Tesla Inc (NASDAQ:TSLA)’s auto lane change feature – which is part of the carmaker’s Autopilot system – as its legality is not at all clear in Europe. Q4 2021 hedge fund letters, conferences and more Auto Lane ChangeAs reported by CNBC, Germany’s federal transport authority (Kraftfahrt-Bundesamt, or KBA) is probing whether Tesla’s auto lane change function —available as an upgrade of the Autopilot system— is safe to use in the country. Newspaper Bild am Sonntag informed that the regulator is also in contact with its equivalent in the Netherlands...
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Tesla Inc (NASDAQ:TSLA) is recalling more than 475,000 electric cars in the U.S. due to rearview camera and trunk issues that may cause accidents. The recall comprises the famous Model 3 and Model S vehicles. Q3 2021 hedge fund letters, conferences and more RecallThe National Highway Traffic Safety Administration (NHTSA) said Tesla must address a rearview camera issue in 356,309 Model 3 cars manufactured between 2017 and 2020. Further, 119,009 Model S vehicles have shown front hood issues that need to be corrected by the company. The regulator said about the Model 3 issues: “The rearview camer...
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Yiran Sherry, 33, from Philadelphia, began to feel contractions while on the passenger seat of a Tesla Inc (NASDAQ:TSLA)’s Model 3. She was accompanying her husband to take their son Rafa to school. When the family was stuck in traffic, she went into labor while her husband set the vehicle on autopilot to assist her. Q3 2021 hedge fund letters, conferences and more "Tesla Baby"As reported by The Guardian, as the rate of contractions increased, her husband, Keating Sherry, 34, set the vehicle on autopilot and engaged the navigation system to take them to the hospital, about 20 minutes from thei...
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A Tesla Model 3 crashed into a Florida Highway Patrol cruiser, which was assisting a disabled vehicle. With no serious injuries to report, the Autopilot-related accident adds up to a string of incidents involving Tesla Inc (NASDAQ:TSLA)’s cars with emergency vehicles, currently under investigation by the National Highway Traffic Safety Administration (NHTSA). Q2 2021 hedge fund letters, conferences and more AccidentAccording to CNN, the Tesla car hit the cruiser and ricocheted into the disabled Mercedes vehicle. “The driver stated that [the Tesla] was in Autopilot mode, said the report from th...
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Elon Musk has pointed out that Tesla Inc (NASDAQ:TSLA) is now targeting a public release of its FSD Beta software for next month. The statement arrives after blazing controversy for the recent accidents involving the firm’s cars’ Autopilot feature. Q2 2021 hedge fund letters, conferences and more FSD Beta Update AnnouncedElon Musk said that a larger release of the beta version of his Full-Self Driving (FSD) software will arrive in about four weeks. he took to Twitter and said that a new version of FSD Beta 10 –Tesla’s latest update on autonomous driving software– will be released on the next m...
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Elon Musk, CEO of Tesla Inc (NASDAQ:TSLA) admitted that the latest version of its autonomous driving software “is not great.” The company, he said, is working to get an updated version. Q2 2021 hedge fund letters, conferences and more Tesla's Autopilot Is "Not That Great"“FSD Beta 9.2 is actually not great imo, but Autopilot/AI team is rallying to improve as fast as possible. We’re trying to have a single tech stack for both highway & city streets, but it requires massive [neural network] retraining,” said Musk in a tweet on Tuesday. His admission arrives just days after Senate Democrats Richa...
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Amid a series of crashes at emergency scenes, Democratic lawmakers prompted the Federal Trade Commission on Wednesday to investigate Tesla Inc (NASDAQ:TSLA)’s Full Self-Driving systems. Senators believe that the advertisement of this feature is “misleading.” Q2 2021 hedge fund letters, conferences and more Upcoming Probe?As reported by Fox Business, Senators Richard Blumenthal of Connecticut and Ed Markey of Massachusetts, sent a letter to FTC Chair Lina Khan arguing that the EV maker has “persistently misrepresented” the capabilities of its vehicles, hence threatening road safety. In the lett...
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Tesla Inc (NASDAQ:TSLA) plans to move its Autopilot and Full Self-Driving systems from radar to optical cameras as it pushes its autonomous vehicle efforts forward. The automaker made the announcement in a blog post on Wednesday. Q1 2021 hedge fund letters, conferences and more Tesla Shifts Autopilot To Optical CamerasSome of the vehicles delivered this month are the first to include what the automaker calls "Tesla Vision," which is basically just a branded way of saying that they're ditching radar in favor of cameras. The new system will be in Model 3 and Model Y vehicles built for North Amer...
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Tesla Inc (NASDAQ:TSLA) told a regulator in California that its full self-driving technology might not be ready by the end of the year. However, that statement directly conflicts with what CEO Elon Musk said on the company’s fourth-quarter earnings call in January. Q1 2021 hedge fund letters, conferences and more Tesla says it won't achieve full self-driving this yearAccording to Reuters, Tesla's statement about full self-driving not being achieved this year was revealed in a memo by the California Department of Motor Vehicles. Musk also contradicted the statement to the California DMV in a tw...
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Tesla Inc (NASDAQ:TSLA) CEO Elon Musk said their cars can’t drive without a driver behind the wheel, but Consumer Reports said they actually can. The magazine said it found that it could “easily” get a 2020 Model Y to drive “even with no one in the driver’s seat.” Q1 2021 hedge fund letters, conferences and more Testing the Model YConsumer Reports said on Thursday that it drove a 2020 Model Y on a closed test track to see whether Autopilot could drive without anyone in the driver's seat. It said it could "easily get the car to drive even with no one in the driver's seat." Consumer Reports tric...
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