Tesla's Remarkable FSD Milestone
Tesla Inc. (NASDAQ: TSLA) recently announced a remarkable achievement for its vehicles utilizing the Supervised Full Self-Driving (FSD) technology. In less than two weeks after its launch in Australia and New Zealand, owners of Tesla cars have logged an impressive milestone of over 621,000 miles. This distance is equivalent to driving around Australia approximately 67 times!
Details of the Achievement
On social media platform X, Tesla's official account for the region shared exciting news, stating, "In less than 2 weeks, owners have travelled 1 million kilometres on FSD Supervised in AU & NZ." This announcement highlights not just the effectiveness of the FSD feature but also the enthusiasm of Tesla owners in the area.
FSD Expanding Globally
Following the launch in Australia and New Zealand, there is also news regarding Tesla's FSD testing ventures in Asia. Recently, Tesla began operations in Japan, showcasing its proactive approach to testing and developing this cutting-edge technology. A Tesla vehicle with an onboard driver navigated through busy urban environments to demonstrate the enhancements in their self-driving software.
Future Upgrades on the Horizon
Tesla's CEO, Elon Musk, has hinted at potential updates for the FSD system that will improve functionality, particularly regarding navigating multi-level parking garages. This future update is tied to the Summon feature, which brings cars to their owners at the press of a button.
Performance Metrics of Tesla
As Tesla continues to progress with its FSD technology, it is worth noting their performance in various metrics. The company scores excellently on Momentum and Growth, reflecting its continuous innovation. Although Tesla experiences some challenges in the Value category, they maintain a favorable price trend over short, medium, and long terms in the stock market.
Frequently Asked Questions
What is FSD?
FSD stands for Full Self-Driving, a feature of Tesla vehicles that enables advanced autonomous driving capabilities.
What was the milestone reached by Tesla in Australia and New Zealand?
Tesla announced that their vehicles have traveled over 621,000 miles using the FSD technology in less than two weeks.
What are the potential future updates for Tesla's FSD?
Elon Musk has hinted at updates that may allow Tesla cars to navigate complex parking structures autonomously.
Where is Tesla testing FSD technology currently?
Currently, Tesla is testing its FSD technology in Japan, alongside the recent activities in Australia and New Zealand.
What are Tesla's performance scores?
Tesla performs well in terms of Momentum and Growth metrics but faces some struggles with its Value metrics.
