Tesla could widen release of 'self-driving' software in two weeks

Tesla has reported steady sales and profitable quarters, sending shares up around 400% this year


Reuters November 28, 2020
A Tesla Model S electric car is seen at its dealership in Seoul, South Korea July 6, 2017. PHOTO: REUTERS

Tesla Chief Executive Officer Elon Musk said on Friday there will probably be a wider roll out of a new “Full Self Driving” software update in two weeks.

In October, Tesla released a beta, or test version, of what it calls a “Full Self Driving” software upgrade to an undisclosed number of “expert, careful” drivers.

“Probably going to a wider beta in 2 weeks,” Musk said on Twitter, in a reply to a user asking if the software would be available in Minnesota.

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Musk had said earlier it was planned that the latest upgrade would be widely released by the end of this year, with the system becoming more robust as it collected more data.

Recently, Musk has taken the stage as the world’s second-richest person with a net worth of around $128 billion, according to Bloomberg Billionaires Index.

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Tesla also affirmed its target to deliver half a million vehicles by the end of this year, a goal that will require it to significantly ramp up vehicle sales in the fourth quarter.

The company has defied a downward trend in the wider auto industry in 2020 and bucked a pandemic and economic upheaval with steady sales and profitable quarters, sending shares up around 400% this year.

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