Tesla is about to hold an “Autonomy Financier Day” today at its headquarters in Palo Alto, California. The event was slated to start at 2PM ET (however is running a little late), and you can watch it above or at this link The occasion comes 2 days prior to Tesla is because of report its financial performance for the first quarter of 2019, during which it is anticipated that the business will publish a loss for the very first time because the second quarter of2018
The business has actually been quite tight-lipped about just what it plans to show off at the event, though it’s likely Tesla will use some kind of update on its efforts to bring a “ full self-driving” version of Autopilot into the world– a questionable and typically confusing term that the company typically utilizes. Broadly, the event will include a “deep dive into [Tesla’s] self-driving innovation and road map,” and financiers will “be able to take test-drives to experience [Tesla’s] Autopilot software application first-hand, including functions and functionality that are under active advancement.”
CEO Elon Musk said in February that he was “certain we’ll release complete self-driving this year” after Tesla eliminated the feature from its site last October in the middle of concerns that it overemphasized the autonomous abilities of the business’s cars. He initially revealed the company was equipping its vehicles with the tech required to allow “full self-driving” back in 2016, though that pledge has altered in the stepping in years, and Musk now confesses that brand-new hardware will be required to manage the accomplishment– all while some professionals argue Musk’s rejection to use lidar sensing units indicates Tesla’s vehicles will never be able to drive themselves.
Musk just recently stated the event will “totally free financiers from the tyranny of having to drive their own car.”
Tesla (and/ or Musk) might also share more about the business’s desire to turn its cars into shareable vehicles. Musk has said the ultimate objective for Autopilot is to enable owners to rent out their automobiles to other people who need a flight, though it’s uncertain if or when the business’s innovation will ever get to this point. One thing we do understand is that the man enjoys a program, so despite the fact that the event is investor-focused, there’s a great chance of some surprises.
Tesla has actually spent years enhancing the Auto-pilot driver support feature by including new abilities by means of over-the-air software updates. Most recently, the company presented a function called Browse on Auto-pilot that enables Tesla’s cars to immediately change lanes and take a chauffeur from on-ramp to off-ramp on the highway. The business has also been teasing a feature that would let Tesla owners “summon” their vehicles in a parking area, indicating the car would drive itself to them.
Recently, a Tesla critic and short-seller identified the company shooting what seemed a Design 3 drive that might be displayed during today’s demo. (Over the weekend, Tesla was approved a limiting order versus that individual, both for following the company’s Design 3 while it was driving in the Bay Area and for allegedly performing a hit-and-run at the business’s Fremont, California factory in February.)