Tesla CEO Elon Musk says FSD improvements will now take longer, keeping silent on reports of the Robotaxi incident being postponed
Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk hinted on Friday that it will now take longer to uncover issues with the company's fully automated driving (FSD) driver-assistance software, while keeping silent on reports that its robotics activities have been delayed.
What happened: Tesla relies on the mileage between two human interventions as a sign of progress in the operation of its FSD technology. But speaking about the difficulties of advancing the technology on Friday, Musk said that as FSD improved, it was driving longer without intervention, thereby increasing testing time to determine if the new version was better than the existing one.
The testing time required to determine whether new AI is superior to existing AI measured in miles between interventions is a limiting factor in progress.
The better the FSD, the longer it will take to find interventions.
— Elon Musk (@elonmusk) July 12, 2024
FSD aims to achieve vehicle autonomy in the future and is expected to be the operating technology for Tesla robotics products. As of today, however, this technology requires active driver supervision.
Why it matters: Musk's comments about the longer testing period followed, with reports that the company delayed the unveiling of its robot from the CEO's last August schedule to October.
Bloomberg reported on Thursday, citing people familiar with the matter, that the date was postponed to allow the team working on the project to build more prototypes. Neither Musk nor Tesla confirmed the report, but the news caused Tesla's stock price to drop 8.4% to $241.03 on Thursday.
The stock is down nearly 3% year to date, according to Benzinga Pro data.
Late last month, Musk said Tesla delayed the launch of the new version of the FSD due to driving stability issues.
The CEO said the company had too much intervention training for the new version and insufficient training for normal driving, leading to a loss of driving smoothness. It's like doctors training patients too much in the emergency room, rather than training them in preventative care, he wrote.
What happened: Tesla relies on the mileage between two human interventions as a sign of progress in the operation of its FSD technology. But speaking about the difficulties of advancing the technology on Friday, Musk said that as FSD improved, it was driving longer without intervention, thereby increasing testing time to determine if the new version was better than the existing one.
The testing time required to determine whether new AI is superior to existing AI measured in miles between interventions is a limiting factor in progress.
The better the FSD, the longer it will take to find interventions.
— Elon Musk (@elonmusk) July 12, 2024
FSD aims to achieve vehicle autonomy in the future and is expected to be the operating technology for Tesla robotics products. As of today, however, this technology requires active driver supervision.
Why it matters: Musk's comments about the longer testing period followed, with reports that the company delayed the unveiling of its robot from the CEO's last August schedule to October.
Bloomberg reported on Thursday, citing people familiar with the matter, that the date was postponed to allow the team working on the project to build more prototypes. Neither Musk nor Tesla confirmed the report, but the news caused Tesla's stock price to drop 8.4% to $241.03 on Thursday.
The stock is down nearly 3% year to date, according to Benzinga Pro data.
Late last month, Musk said Tesla delayed the launch of the new version of the FSD due to driving stability issues.
The CEO said the company had too much intervention training for the new version and insufficient training for normal driving, leading to a loss of driving smoothness. It's like doctors training patients too much in the emergency room, rather than training them in preventative care, he wrote.
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成熟投资者：格局，概率，取舍。没有格局必然急功近利。不计概率会把运气当技术。不懂取舍，有所不为，最后必落入陷阱和圈套。
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