Connect with us

In the near future, thousands of Tesla owners will be able to test the FSD autopilot

Published

on

From next week, Tesla plans to give access to the FSD (Full Self-Driving) autopilot function to approximately 1,000 people a week. At the moment, only about 2,000 drivers can use FSD in general.

At the same time, as mentioned earlier, drivers will have to prove that they themselves drive well. Telemetry data from the last week and Tesla Insurance calculator will be used for estimation.

During the first days, only those drivers who will be assessed for the maximum 100 points will receive access. Tesla will then lower the entry threshold little by little, but it’s unclear how much.

Also remember that access to the FSD function, which is still in beta, costs $ 10,000. So not every Tesla owner will be able to try out the best autopilot available in a production car.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Electric Cars

Huawei and BAIC electric vehicle with HarmonyOS, HiSilicon Kirin and Arcfox Alpha S self-driving system to go on sale this year

Published

on

Earlier this year, Huawei unveiled its new Arcfox Alpha S electric vehicle, co-developed with BAIC and powered by the HarmonyOS operating system. The company has now officially announced that the first Arcfox Alpha S vehicles will go on sale in the fourth quarter of this year.

The Arcfox Alpha S is the result of a partnership between the Chinese tech giant and the automotive brand to create an advanced vehicle with autonomous driving capabilities. The Alpha S was preceded by an investment of over a billion dollars in research and development of electric vehicles for self-driving technology.

Despite the fact that Arcfox is produced under the BAIC trademark, the main features of the new electric car are HarmonyOS and the Huawei Inside system, which means that the car can move without the help of a driver. It also has a Huawei HiSilicon Kirin SoC.

Huawei has already demonstrated its L4 self-driving technology when the Arcfox Alpha S drove 1,000 kilometers through a busy Chinese city without any human intervention. The car managed to achieve this with the help of laser rangefinders, two dozen different radars and 12 cameras.

The car is offered at prices ranging from $ 60,000 to $ 66,000 in various trim levels.

Continue Reading

Electric Cars

Historic moment in the electric vehicle market: Hertz buys 100,000 Tesla vehicles for $ 4.2 billion

Published

on

Hertz Global Holdings Inc has ordered 100,000 Tesla electric vehicles, actively pursuing the electrification of its rental car fleet. The deal is worth $ 4.2 billion. It is the largest purchase of electric vehicles in history. Cars will be delivered within the next 14 months.

Bloomberg points out that the cost of the order implies that Hertz is paying for Tesla’s list prices, meaning it does not receive the discount on its large order that car rental companies usually get from automakers.

Bloomberg writes that the Tesla Model 3 will be available for rent from Hertz offices in major US markets and parts of Europe from early November. Customers will, of course, have access to Superchargers, and Hertz is also building its own infrastructure for charging electric vehicles.

The electrification plan, which will eventually cover nearly all of Hertz’s half a million cars and trucks worldwide, is the company’s first major initiative since bankruptcy in June. And it shows that the new owners of Hertz, Knighthead Capital Management and Certares Management, intend to shake up an industry dominated by a handful of big players who are usually slow to change.

Bloomberg

The face of the new ad campaign is NFL star Tom Brady.

Tesla shares rose 4-5% in response to the news and the upgrade from Morgan Stanley.

Continue Reading

Electric Cars

Tesla capitalization exceeded $ 1 trillion

Published

on

At the end of last week, Tesla published its financial report for the third quarter, after which the value of one Tesla share in just one day rose by $ 10 and crossed the psychological mark of $ 900, setting a historic record. As a result, Tesla’s market capitalization has surpassed the $ 908 billion mark.

Today, growth continued, and when it became known about the receipt of a large order from the car rental company Hertz, Tesla’s capitalization exceeded $ 1 trillion.

Usually, car manufacturers do not advertise deals with car rental companies, as they usually sell relatively unpopular models at a discount. But in Tesla’s case, Hertz’s decision to order 100,000 EVs by the end of 2022 showed investors that EVs are no longer a niche product and could dominate the mainstream car market in the near future.

“Electric vehicles are mainstream right now and we are just starting to see an increase in global demand and interest,” Hertz interim CEO Mark Fields told Reuters.

Tesla CEO Elon Musk has set a goal of increasing sales by an average of 50% annually, eventually reaching 20 million a year. This will be more than double that of current sales leaders Volkswagen AG and Toyota Motor.

Continue Reading

Most Popular