Tesla resets strikes with FSD Beta 10.69.1

By Lennon Cihak
Tesla reset Full Self-Driving strikes
Tesla reset Full Self-Driving strikes
Tesla

Tesla CEO Elon Musk said earlier this week that Tesla may reset Full Self-Driving strikes this week.

With the release of FSD Beta 10.69.1 Tesla has done just that.

Users of Full Self-Driving must adhere to a strict safety regimen that Tesla has set out to remain in the program. Currently, Tesla allows three or five strikes, depending on whether you have a vehicle with a cabin camera.

It's been almost nine months since Tesla last reset FSD Beta strikes. Tesla last reset them with version 10.8.1, which was released in January of this year.

A strike is issued if the system detects the driver isn’t paying attention. For example, a driver could receive a strike for being distracted, not looking at the road, looking at the display for too long, or looking at their phone while the car is mobile.

Tesla FSD Beta tester and Twitter user @jonbbc asked Musk if a reset of the strikes could be issued so he can share the progress Tesla is making on FSD to riders in his Uber.

“Tesla #FSDBeta changed my life,” he writes. “I waited 2.5 yrs. before I could use it. My mission is to spread the good word about FSD to everyone in Chicago through future Uber drives. A strike reset is necessary to do this!”

Musk responded with, “Hopefully, this week.”

Many Tesla owners have forked over thousands of dollars to use FSD, but they're stuck with Tesla’s tedious Safety Score. There's no word yet whether Tesla is increasing the numbers of testers with beta 10.69.2, but Tesla remains committed to rolling out FSD Beta to everyone in North America by the end of the year.

Tesla rolled out beta 10.69 last week, and owners who have been suspended, have been looking forward to this strike reset so that they could put beta 10.69.1 or 10.69.2 through the wringer when it becomes available.

FSD Beta 10.69.1 started rolling out to employees last night, and is now being sent to the 1,000 owners who are on beta 10.69 soon.

A wider release is anticipated to go out Wednesday or Thursday to 10,000 more beta testers, with 10.69.2 going to all beta testers sometime next week.

FSD Beta 10.69.1 is largely a bug fix release, but Tesla has merged in the 2022.20 update features, so testers who update from beta 10.12.2 will receive all the features in the 2022.16 updates and the 2022.20 updates.

Elon to Switch to the Cybertruck; Volume Production in 2024

By Kevin Armstrong
Cybertruck mass production to start in 2024
Cybertruck mass production to start in 2024
Kim Java

Tesla's fourth quarter and 2022 earnings call with investors was mostly good news unless you were planning to drive a Cybertruck soon. While company executives eagerly jumped on every question asked by investors, there was a noticeable pause when a point-blank question was asked about Cybertruck's mid-year production date.

Elon Musk responded "um, we do expect production to start, I don't know, maybe sometime this summer. But I always like to try to downplay the start of production because the start of production is always very slow. It increases exponentially, but it's always very slow at first. So I wouldn't put too much thought in start of production."

Volume Production Next Year

If the millions of people with Cybertruck reservations were in attendance, you might have felt the air leave the room. The previous belief was mass production would start by the end of 2023. There may be some stainless-steel beauties on the road by then, but only a few. "It's kind of when does volume production actually happen, and that's next year," said Musk.

Perhaps sensing some disappointed buyers, Lars Moravy, Tesla's Vice President of Vehicle Engineering added, "(I'd) like just to emphasize on that, we've started installation of all the production equipment here in Giga Texas, castings, general assembly, body shops. We built all our beta vehicles, some more coming still in the next month, but as you said, the ramp will really come 2024."

The Cybertruck Will be Elon's Next Car

Cybertruck was originally announced in 2019 at the memorable event that included the unbreakable armor glass smashing. Musk was wearing the smashed glass Cybertruck t-shirt while taking questions from investors. While the wait continues, he is adamant that it will be worth it, "So it's an incredible product. I can't wait to drive it personally. It will be the car that I drive every day… it's just one of those products that only comes along once in a while, and it's really special."

The original release deadline was set for 2021. However, the production date has been delayed due to unforeseen circumstances, like a global pandemic. Nevertheless, it is a positive sign that beta vehicles have been produced. Images of what appears to be a Cybertruck were leaked a few months ago.

Recently, chief designer Franz von Holzhausen did confirm that the Cybertruck was ready for production, but it's a work in progress. Every Tesla beta product gets thoroughly examined and meticulously reviewed before the next step. But at least it's a step in the right direction.

A Look at Tesla's 2022 Numbers and Record Quarter

By Gabe Rodriguez Morrison
Tesla set new records in production and deliveries while beating analyst expectations.
Tesla set new records in production and deliveries while beating analyst expectations.
Statista

Tesla published their Q4 2022 and full-year financial results, setting new records in production and deliveries while beating analyst expectations. Tesla’s annual profit rose to $12.6 billion in 2022, from $5.5 billion in 2021. Annual revenue rose to $81.5 billion, from $53.8 billion the year prior. Tesla reported fourth-quarter revenue of $24.32 billion beating analysts' $24.07 billion estimate. The automaker also reported earnings per share of $1.19 beating analysts' $1.12 estimate.

Tesla’s stock rose more than 5% in after-hours trading following the earnings release and surged more than 10% the next day.

Tesla's Q4 2022 revenue set a new record for the company, up 59% from a year earlier. In addition to automotive revenue of $21.3 billion, Tesla recognized $324 million of deferred revenue from the company’s driver assistance systems.

FSD Beta Numbers

Tesla reported that 90 million miles have now been driven with FSD Beta, up from 58 million miles in the previous quarter. The company also confirmed that they have about 400,000 FSD Beta users in North America, a sizeable increase since the last report. With such a steep increase in miles driven and FSD Beta becoming widely available in North America, Tesla is making significant progress with its autonomous driving software.

In late 2022 and into this year, Tesla began cutting prices on its cars globally. Elon spoke about how recent price cuts have fueled a surge in demand for Tesla: “Thus far in January we’ve seen the strongest orders year-to-date than ever in our history. We’re currently seeing orders of almost twice the rate of production.” He added: “These price changes really make a difference for the average consumer.” Tesla acknowledges that average sales prices have to decrease over time because affordability is part of Tesla's mission to grow into a company that sells multiple millions of cars annually.

Price cuts will impact profitability, but margins should remain healthy, Tesla CFO Zach Kirkhorn affirmed. Tesla has wider operating margins than the industry average, which allows them to make such price cuts.

Elon issued an uncertain forecast for 2023, saying Tesla planned on 1.8 million vehicles for the year without specifying whether that was a target for production or deliveries. If the company were to deliver 1.8 million vehicles in 2023, that would result in 37% annual growth.

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Upcoming Release

View the release notes for the upcoming version 2023.2.10.

Confirmed by Elon

Take a look at features that Elon Musk has said will be coming soon.

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