Musk Reveals FSD Will Graduate Out of Beta in v12; Major Update Coming With v11.420

By Kevin Armstrong
Tesla's FSD Beta will graduate out of Beta with v12
Tesla's FSD Beta will graduate out of Beta with v12
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Tesla's FSD Beta software has consistently been at the forefront of innovation. Now, the ground-breaking software is about to take a massive leap forward. CEO Elon Musk recently tweeted: Version 12 won't be beta. The much-anticipated v12 FSD could mark the transition of FSD Beta from a developmental stage to a full-blown release.

Rapid Evolution: The Chronological Journey of FSD Beta Iterations

Tesla's journey with FSD Beta began in the latter part of 2020 with the rollout of its first version. The software quickly escalated through iterations, reaching Version 8 by the start of 2021. It was during this period that Tesla revamped its approach to versioning FSD Beta updates. Whole numbers were reserved for significant jumps, while decimal points denoted smaller changes.

With this methodology in place, FSD Beta Version 9 was released in July 2021, followed swiftly by v10 in September of the same year. The timeline brings us to the present day with the latest release, FSD Beta Version 11, which landed in February 2023. The v11 iteration marked a notable milestone, bridging the gap between city driving and highway driving into a unified "Single Stack."

FSD Beta v11.420: A Teaser of What's Next

Musk has previously hinted at the significance of FSD Beta v11.420. His comments suggest this could be a significant release, housing exciting new features akin to those rolled out in FSD Beta v10.69. Could we see the introduction of anticipated advancements like Actual Smart Summon (ASS) or Park Seek? As we eagerly await the release of v11.420, speculation and anticipation continue to grow within the Tesla community.

Stepping Into the Future: FSD Beta v12

So, what can we expect with FSD Beta v12? If Musk's recent comments are anything to go by, the transition from beta to a stable version could signify a monumental step in the evolution of Tesla's autonomous driving technology. This isn't merely a matter of dropping the "Beta" tag; it symbolizes Tesla's confidence in the maturity and reliability of its Full Self-Driving system.

The journey to FSD v12 may still be underway, with a handful of v11 iterations likely to be released before we reach the ultimate version. These updates are integral in Tesla's mission to refine and perfect the FSD technology, ensuring every iteration is safer, smarter, and more efficient than the last.

Musk Teases New Model for Early 2025 That Will Use a Mix of Next-Gen and Current Platforms

By Cláudio Afonso

“We have updated our future vehicle line-up to accelerate the launch of new models ahead of our previously communicated start of production in the second half of 2025”. This was one of the key sentences that were part of Tesla’s deck shared on Tuesday directly before its financial results.

Since Reuters’ report a few weeks ago saying Tesla had “scrapped” the highly expected cheaper model— which Elon quickly denied on X —retail and institutional shareholders started asking for more details on Tesla’s product roadmap for 2024 and beyond.

In the earnings conference call, Elon Musk reiterated that Tesla expects to launch the next model in “early 2025, if not late this year”.

“We've updated our future vehicle lineup to accelerate the launch of new models ahead of previously mentioned start of production in the second half of 2025. So, we expect it to be more like the early 2025, if not late this year. “

Over concerns of temporary production halts to update the factories for these new models, Musk said that Tesla will produce new models with certain aspects from their next-generation platform and current models. This will reduce the number of changes needed on production lines and allow Tesla not only to ramp up production faster but also to get the vehicles to market quicker.

Model Y Redesign

Tesla appears to hit that their next-gen vehicle will be less “next-gen” than they were initially aiming for, but to get a new vehicle out the door by late 2024, the process would already have to be in motion. Tesla may likely be referring to the redesigned Model Y, which is expected to reuse many parts from the new Model 3. Earlier this year, Tesla said that the redesigned Model Y will not be released this year, so it makes sense that they’re looking to speed up that production.

Tesla CEO concluded by saying that these measures will allow Tesla to reach a capacity of over 3 million units. Tesla produced 1.84 million vehicles in 2023. However, this year they’re ramping up Cybertruck production and introduced the new Model 3 into new markets.

And we think this should allow us to get to over 3 million vehicles of capacity when realized to the full extent.

Tesla reported on Tuesday its earnings results followed by a conference call where it teased its upcoming Robotaxi and its next-generation platform saying its “purpose-built Robotaxi product will continue to pursue a revolutionary ‘unboxed’ manufacturing strategy”.

Earlier in the day, Tesla announced the new Performance variant of its sedan Model 3 with deliveries in the United States starting already next month. The new version starts at $45,490 (after applying the $7,500 Federal EV tax credit) and goes from 0 to 60mph in 2.9 seconds.

Tesla on FSD: Close to License Deal With Major Automaker, Announces Miles Driven on FSD v12

By Cláudio Afonso

On Tuesday Tesla reported its earnings results followed by a conference call that brought several updates on the company’s roadmap for future vehicles, autonomous driving, Optimus and much more.

While answering a question from Goldman Sachs analyst Mark Delaney about updates on the licensing of Tesla’s Full Self-Driving (FSD) technology, Elon Musk said they’re talking to one major auto manufacturer and there’s “a good chance” the company signs the first deal before year-end. However, he went on to say that it would probably be three years before the necessary changes are integrated into the car.

I think we have a good chance we do sign a deal this year

Brings Benefits to Tesla

The technology would require other automakers to start using the same cameras and hardware as Tesla, meaning that Tesla may not only generate money from licensing FSD but also from selling the hardware itself. However, there would be other benefits as well. When licensing FSD, Tesla would likely own the data gathered with the system well, further helping them with data and edge cases that need to be solved to reach full autonomy.

people don't understand all cars will need to be smart cars… Once that becomes obvious, I think licensing becomes not optional.

Tesla’s Chief Financial Officer Vaibhav Taneja commented pointing out that future partners “take a lot of time in their product life cycle” resulting in a gap between the deal signing and the arrival in the market of Tesla’s FSD software.

Miles Driven With FSD

On the conference call, Musk added that Tesla now has over 300 million miles that have been driven with FSD v12 since it was launched just last month. He added that it's becoming “very clear that the vision-based approach with end-to-end neural networks is the right solution for scalable autonomy”.

Tesla said it will continue to increase its “core AI infrastructure capacity in the coming months” adding that in the first quarter, it completed the transition to hardware 4.0 with China now receiving the upgraded FSD computer and cameras.

Over the weekend, Tesla reduced the price of FSD dropping it from $12,000 to $8,000 for customers in the United States and from CA$16,000 to CA$11,000 in Canada.

Earlier this month, Tesla implemented a 50% price reduction for FSD subscriptions in the U.S. and introduced the subscription model in Canada at a great value of CA$99 per month.

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