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Tesla has released its latest Full Self-Driving (FSD) update, version 14.1, enhancing its autonomous driving capabilities. CEO Elon Musk emphasizes this update as a significant advancement, offering features like improved real-time navigation around obstacles and quicker responses to emergency vehicles. While drivers still need to supervise, the system now includes new Speed Profiles and Arrival Options for a more tailored driving experience.
Key updates include better handling of lane cut-ins, school buses, and tricky turns, as well as added functionalities such as automatic camera cleaning. Tesla aims to bolster its position in the self-driving tech market, potentially paving the way for future Robotaxi services, which may serve as a new revenue stream.
Tesla shares have surged approximately 12% year-to-date, outperforming the industry increase of 8%. The company’s forward price-to-sales ratio stands at 14.39.
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