Driving the Future
Tesla Inc’s electric vehicles hit a remarkable milestone on Friday, covering an impressive one billion miles with the full self-driving (FSD) software, prompting an enthusiastic response from CEO Elon Musk.
What’s Behind This Milestone? Tesla made this revelation through a post on the social media platform ‘X,’ formerly known as Twitter, marking a significant leap from less than 800 miles driven with FSD by the end of 2023.
Musk expressed his congratulations to the Tesla AI team and fervently stated, “Won’t be long before Tesla exceeds 10B miles of FSD,” in a separate post.
Accelerating Innovation
Following this accomplishment, Tesla swiftly acted to boost FSD adoption rates. Initiating a 30-day complimentary trial of FSD for all non-subscribing U.S. customers, the company also instructed staff to provide prospective buyers with a firsthand experience of Tesla’s driver-assist functions in action.
The Implications: These strategic moves aim to heighten interest in the software, positioning it as the gateway to complete autonomous driving. Presently, FSD functions as a driver assistance tool, necessitating active supervision by the driver.
Musk, anticipating a bright future for FSD, predicted that it will truly shine by late April or May, citing the software’s continuous enhancement through real-time driving data captured on roads.
In a prophetic statement made back in June 2023, Musk underscored vehicle autonomy as the principal factor propelling the brand’s market value. At the VivaTech conference in Paris, Musk elucidated, “The value of the company is primarily on the basis of autonomy. That’s really, I think, the main driver of our value.”
For more insights into Benzinga’s Future Of Mobility coverage, feel free to explore this link.
Explore Further: This Penny Stock EV Leaves Big Boys Tesla, Rivian And Lucid In The Dust With 14% YTD Gain
Image via Shutterstock
