Tesla to Deliver Tenfold Increase in Power; Musk Heralds Revolution in Full Self-Driving Technology
Tesla is gearing up for a major update to its Full Self-Driving (FSD) software, scheduled for release in September 2025. Elon Musk, the company's CEO, has described this update as a "massive step-change improvement," particularly enhancing performance in rare or complex driving conditions.
The new FSD software represents a significant refinement in Tesla's autonomous driving technology. Its primary goal is to minimize driver responsibility, allowing passengers to be more relaxed during trips. However, it's important to note that the software will still require driver attention during complex intersections, heavy weather, or unusual events.
Tesla is actively preparing this software for a public release, a fact repeatedly confirmed by Musk. While the software has not yet undergone broad public testing or been fully finalized, it appears that deployment is imminent.
The new FSD software is designed to improve video compression loss, potentially resulting in better interpretation of the vehicle's environment. It's being trained with approximately 10 times the parameters compared to previous models, a move aimed at solidifying Tesla's technological lead in autonomous driving, especially in competition with rising Chinese automakers.
However, the success of the new FSD software in overshadowing the tangible problems in Tesla's core business, such as declining revenues and fierce competition, remains uncertain. The latest quarterly results showed a 16% decline in revenue for Tesla's core automobile business, with significant sales declines in Europe.
As for Tesla's stock, an entry is not recommended at the moment. It's worth noting that the publisher Börsenmedien AG's management and majority shareholder, Mr. Bernd Förtsch, has direct and indirect positions in the financial instruments mentioned in this publication, which could benefit from the price development resulting from the publication (Conflict of Interest Disclosure).
Nevertheless, the announcement of the new FSD software is a clear sign that Tesla's innovation power remains undiminished. The new software is a central aspect of the company's valuation, particularly in the context of autonomous driving and the vision of a robotaxi fleet. If successful in tests, it could serve as a catalyst for Tesla's recently battered stock.
Stay tuned for more updates on Tesla's FSD software as we approach its scheduled release in September 2025.
- The new FSD software, designed to improve Tesla's autonomous driving technology, could potentially solidify its position in the automotive industry and technology sector, as it's being trained with significantly more parameters compared to previous models.
- The finance world is closely watching Tesla's progress with the new FSD software, as its success could serve as a catalyst for the company's recently battered stock, particularly in light of declining revenues and fierce competition in the automotive industry.
- The innovation in transportation technology, such as Tesla's new FSD software, is impacting various sectors, including finance, as it offers the vision of a robotaxi fleet, which could have significant implications for the industry.
