Tesla Might Have 'wider Beta' In Two Weeks, Elon Musk Says

Replying to a user’s question about the “Full Self Driving” software beta in Minnesota, Tesla Inc TSLA 2.05% CEO Elon Musk said that the company might go to a wider beta in approximately two weeks.

Musk announced the start of the FSD rollout in October, warning that it’ll be “extremely slow & cautious, as it should.” The feature was available only to a select group of customers due to security concerns.

Why It Matters

 The Full Self Driving software is an additional feature of the Autopilot package.

In a letter to company investors, Musk said that the Autopilot team “has been focused on a fundamental architectural rewrite of our neural networks and control algorithms. This rewrite will allow the remaining driving features to be released,” The Verge reported at the time.

Price Action

Telsa shares closed at $585.76, with a 2.05% gain, on Friday. It went down 0.17% to $584.77 in the after-hours markets.

© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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William K. 4 years ago Member's comment

Just wait until the product liability lawsuits start coming in, as it is not likely that the software will be adequate for a long time.