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Elon Musk Promises Free Hardware 4 Upgrades if Tesla's Hardware 3 Fails Full Self-Driving Test

Benzinga LogoBenzinga1w ago

Elon Musk Promises Free Hardware 4 Upgrades if Tesla's Hardware 3 Fails Full Self-Driving Test - Benzinga

Quick Summary:

During Tesla Inc.'s (NASDAQ:TSLA) third-quarter earnings call, CEO Elon Musk revealed that if Hardware 3 is not capable of unsupervised full self-driving (FSD), the EV giant will offer free upgrades to HW4 to customers who have vehicles running the older hardware.

What Happened: Musk explained that while the HW4 hardware is significantly more advanced, HW3 might not meet the safety standards required for unsupervised full self-driving (FSD).

This is the first time Musk has publicly recognized the potential limitations of HW3 in achieving FSD."We are not 100% sure.


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Article Details

Author / Journalist: Rounak Jain

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-24 @ 11:48:13 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 437 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 23223358

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Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 23 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

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News Language: English

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Publisher ID: #53

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