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Benzinga
Tesla Announces Augmented Autonomous Driving Technology Launch Shortly: Reuters
Tesla Inc (NASDAQ: TSLA) CEO Elon Musk tweeted about its launch plans of a significantly improved version of its complete autonomous technology, eliminating a phantom braking problem within the next two to three weeks, Reuters reports. “I think we’re maybe a month or two away from wide beta. But these things are hard to predict accurately,” Musk said in a Tweet. Musk mentioned offering software subscriptions for the system within a month. Last week, Tesla admitted that it might not accomplish the complete autonomous driving technology feat by the year-end. Tesla reportedly released a beta version of its complete autonomous driving program to selected employees and customers in October. Tesla’s “Smart Summon” feature clubbed with its complete autonomous driving technology would be available by the end of this year in Europe, based on Musk’s tweets. The Smart Summon feature, which is already available in the U.S., allows drivers to use a phone app to call their vehicle within 200 feet in their line of sight. Tesla recently attracted growing scrutiny over accidents regarding its semi-automated driving system. Price action: TSLA shares traded lower by 4.75% at $587.91 on the last check Wednesday. See more from BenzingaClick here for options trades from BenzingaTesla Endorses Chinese Auto Industry Calibration Under New Rules: Reuters© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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