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Tesla 2020.40.0.4: Speed Assist, Glovebox PIN, Priority Bluetooth, and more
Tesla’s new 2020.40.0.4 Software Update has been released to owners, and a variety of new features were added to make life easier for drivers. Speed Assist Improvements join new security functionalities, along with fresh accessibility features to make driving a Tesla safer and more luxurious.
While the electric automaker rolls out updates in a frequent fashion, this new software comes with multiple functionalities that are entirely new to drivers. Other updates could include one or two features that are simply improvements to already existing characteristics. However, 2020.40.0.4 includes multiple features that Tesla has not included in past updates.
Speed Assist Improvements
Tesla vehicles will now use the external cameras on the car to detect speed limit signs. This will help improve the accuracy of speed limit date for highways, but it will also help vehicles travel at appropriate speeds.
In the past, some owners have complained that their vehicles are not recognizing the speed limits in certain regions. California drivers were having relatively non-existent issues with the functionality, but drivers in other parts of the United States were reporting several issues with their cars traveling at the correctly intended speeds.
Tesla poised to roll out speed limit recognition and roundabout support worldwide
CEO Elon Musk responded that the issues were of “high priority,” and that Tesla was addressing them.
It appears that the functionality has been improved and fixed. The release notes state:
“In addition to local roads, Speed Assist now leverages your car’s cameras to detect speed limit signs to improve the accuracy of speed limit data for highways. As usual, to adjust Speed Assist settings, tap Controls > Autopilot > Speed Limit.”
Additionally, drivers with different Infotainment systems will have differing capabilities.
Notes for MCU2 drivers state:
“Speed Assist now leverages your car’s cameras to detect speed limit signs to improve the accuracy of speed limit data on local roads. Detected speed limit signs will be displayed in the driving visualization and used to set the associated Speed Limit Warning. As usual, to adjust Speed Assist settings, tap Controls > Autopilot > Speed Limit.”
MCU1 users will have slightly fewer capabilities, according to their notes, which say:
“Speed Assist now leverages your car’s cameras to detect speed limit signs to improve the accuracy of speed limit data on local roads. As usual, to adjust Speed Assist settings, tap Controls > Autopilot > Speed Limit.”
The functionality is availabel on all four currently released Tesla models and requires HW 3.0 to be used.
Priority Bluetooth Device
Tesla vehicles will now connect to one Bluetooth device that has been defined as the “priority device,” according to the new update. This will stop confusion between two owners whose phones or devices are both synced to the vehicle. One phone will be considered the “priority” device, and will automatically connect. It is available for all four vehicles.
“To avoid connecting to the wrong nearby phone, you can now set your priority Bluetooth device. Your car will attempt to connect to the priority device associated with the profile selected before it attempts to connect to other paired phones. To set your priority device, tap the Bluetooth icon on the top of your touchscreen, select your preferred phone and tap Priority Device.”
Mobile App – Vent Windows
This feature is pretty self-explanatory. It is only available for the Model S, however.
“You can now vent all of your windows from the Tesla mobile app.
Note: this feature requires the Tesla mobile app version 3.10.0 or later.”
Glovebox PIN
A great security addition for owners, the Glovebox will now be locked until a four-digit PIN number is entered. A glovebox is a great place for sensitive information like insurance or vehicle titles. Tesla adding this feature should give owners peace of mind. It is available on all four cars.
“Protect the valuables in your glovebox with a 4-digit PIN. Tap Controls > Safety & Security > Glovebox PIN on the touchscreen to create your PIN.”
Charge Port Inlet Heater
Model 3 and Model Y owners can enjoy a defrosted charge port thanks to an inlet heater that will remove any ice or snow from the inside of the mechanism. It can be turned on through the Tesla mobile app, so owners won’t have to go out into the cold weather to get things cleared up for when they need to charge.
“Your car can now use the charge port inlet heater to help defrost the inside of the charge port. The charge port inlet heater can be activated in cold ambient temperatures by enabling preconditioning using the mobile app, activating the rear defrost button on the vehicle’s touchscreen, or preconditioning the vehicle using scheduled departure.”
Full release notes are available here, thanks to TeslaScope.com.
Tesla (NASDAQ: TSLA) reports its earnings for Q3 today. Here’s what to expect, as the company will reveal its balance sheet after the market closes on Wednesday.
Tesla already reported deliveries just after Q3 ended, and it demolished Wall Street consensus estimates of roughly 462,000 vehicles. Tesla delivered 486,532 cars in the third quarter, which was a big beat, but was down 2.1 percent from the same quarter last year. Energy storage deployments were 13.7 GWh, up year-over-year.
Tesla showrooms picked clean ahead of Q3 end as demand looks strong
For the quarter, analysts have already compiled their predictions for what Tesla will report this afternoon:
- Total Revenues: $28.34B
- Non-GAAP EPS: $0.43
- Operating Margin: 2.5%
- Operating Income: $721M
- Free Cash Flow: ~-$4.51B
Here are a few things we are looking forward to hearing about on the call:
Automotive Gross Margin and Overall Profitability
This was 16.3 percent in Q2, down from 19.2 percent in Q1, and was impacted by warranty charges and some fading regulatory credits. Consensus implies overall gross margin near 18 percent, but a miss here would potentially reinforce concerns about pricing pressure on its vehicles.
Pay attention to energy storage margins as well, especially since Tesla missed GWh expectations, although it was still a strong quarter.
Robotaxi/Cybercab, Unsupervised FSD, and Optimus Progress
The Say questions from retail investors usually focus on these types of projects, and this quarter is no different. Scaling the Cybercab fleet beyond Austin amid the open NHTSA safety review, timeline for Unsupervised FSD in customer cars, Robotaxi unit economics, and Optimus cost per unit plus when it could start generating revenue, are all things to be looking for.
Any concrete timelines or regulatory path details will likely move the stock more than the near-term numbers. SpaceX merger speculation, which was detailed during SpaceX’s earnings call last night, may also surface, although the key details were shared last night.
Elon Musk just confirmed the Tesla and SpaceX merger step everyone was waiting for
Say Investor Questions
- How does the Cybercab fleet scale past Austin, and what’s the regulatory path outside Texas given NHTSA’s open safety review?
- When can we anticipate FSD unsupervised in customer cars?
- When will the CyberCab be available for customer purchase/ownership?
- What’s the unit economics per paid robotaxi mile, and how does it compare to the thirty-cent target?
- Tesla has acknowledged that HW3 vehicles cannot support unsupervised FSD. When will owners know whether they can upgrade their hardware for free, and when will Tesla provide a clear plan?
The full Earnings Call will be streamed this evening after market close around 5 p.m. this evening.
SpaceX confirmed the date of Starship’s 15th launch window with some massive ambitions for the mission, as it will attempt to catch Ship for the first time.
CEO Elon Musk confirmed during SpaceX’s Earnings Call last night on October 20 that it would launch Starship for its 15th test flight in November, and there are some incredible things the company wants to try, making it perhaps the most groundbreaking launch in the program’s history.
SpaceX delivers blockbuster Q3 results as Super Intelligence segment booms
The most major development of the call was SpaceX’s intention to catch Ship alongside catching the Super Heavy Booster, something that has happened in the past. SpaceX showed an animation of the Ship catch, which will be done on the launch tower’s chopsticks:
SpaceX has released a new Starship tower catch animation for the upcoming Flight 15! https://t.co/kStn01Da8u
— Truthful🛰️ (@Truthful_ast) October 20, 2026
This monumental goal is to catch both the Ship and Booster in a dual-catch scenario, an incredible feat since SpaceX has never been able to reuse a Ship after launch. Musk said it would be “the first time that an orbital launch vehicle has been fully recovered,” and said it would be a “profound technology milestone.”
Musk said the odds of success on this first Ship catch attempt are “more likely than not,” but SpaceX is ultimately prepared for more tries moving forward. The SpaceX frontman said that, starting next year, Starship would have a “steady stream” of flights through the end of the year.
The cadence will accelerate in 2027, with Musk stating the company plans to target weekly flights in the first half of 2027 and twice-weekly by year-end.
The Flight 15 attempt follows that of Flight 14, which took off in late September and was Starship’s first orbital mission. It deployed 26 Starlink V3 satellites, accomplished a controlled ocean splashdown of both stages, and shed more light on potential challenges for the program moving forward.
As of now, the Starship program is firing on all cylinders.
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Wall Street analysts rapidly raised price targets on SpaceX (NASDAQ: SPCX) after the company reported a bullish third quarter for 2026 following the market close on October 20. Shares were sent sharply higher in after-hours and premarket trading.
SpaceX posted revenue of $14.6 billion, a 161 percent year-over-year increase that comfortably topped consensus estimates, which fell near $12.7 billion. The company also posted a net profit of $4.4 billion from a prior-year loss, with adjusted EBITDA reaching $8.8 billion.
More price target movement:
🚀 Cantor Fitzgerald lifted its target to $345 from $246 (Overweight).
🚀 Barclays raised its target to $300 from $254 (Overweight).
🚀 Citi increased its target to $240 from $200 (Buy),
🚀 UBS moved to $230 from $210 (Buy)
🚀TD Cowen raised its target to $224 from $200 (Buy).
🚀Morgan Stanley held an Overweight rating with a $300 target.
🚀Other firms also adjusted higher, including Wells Fargo (to $274 from $214) and Clear Street (to $248 from $217). Analysts broadly cited the strong quarterly print, accelerating AI compute expansion, Starlink progress, and Starship milestones as drivers of higher long-term growth and earnings power.— TESLARATI (@Teslarati) October 21, 2026
Its Super Intelligence (AI) division generated roughly $7.6 billion and became the largest revenue contributor, growing nearly 830 percent year-over-year, while the Connectivity segment delivered $5.2 billion on strong subscriber additions that lifted the consumer base to 13.6 million for Starlink.
The Earnings Call proved especially catalytic, as CEO Elon Musk and CFO Bret Johnsen outlined Q1 2027 revenue guidance of $33 billion to $37 billion, which was far above the roughly $22 billion analysts had modeled, alongside fourth-quarter capital-expenditure plans of $35 billion to $40 billion focused on AI compute infrastructure at sites including Memphis and Southaven.
SpaceX delivers blockbuster Q3 results as Super Intelligence segment booms
Management targets 2.5 to 3 gigawatts of nameplate compute capacity by year-end and discussed pathways to 13 gigawatts or more by the end of 2027. Musk described relentless demand from hyperscalers and other customers, with compute pricing supporting payback periods of less than a year and potentially as short as six months.
Additional highlights included Starship’s recent orbital success and V3 satellite deployment, Starlink pricing and enterprise momentum, rapid Grok Bot adoption, spectrum expansion plans, and the formation of special committees to explore a possible combination with Tesla.
These elements prompted a wave of price-target increases:
- JPMorgan more than doubled its target to $500 from $240 while maintaining an Overweight rating.
- Cantor Fitzgerald lifted its target to $345 from $246 (Overweight).
- Barclays raised its target to $300 from $254 (Overweight).
- Citi increased its target to $240 from $200 (Buy),
- UBS moved to $230 from $210 (Buy), and
- TD Cowen raised its target to $224 from $200 (Buy).
- Morgan Stanley held an Overweight rating with a $300 target.
- Other firms also adjusted higher, including Wells Fargo (to $274 from $214) and Clear Street (to $248 from $217). Analysts broadly cited the strong quarterly print, accelerating AI compute expansion, Starlink progress, and Starship milestones as drivers of higher long-term growth and earnings power.
Shares, which closed at $147.79 on October 20, jumped roughly 8 percent in early premarket trading on October 21 as investors digested the results and the newly elevated Street targets.
The average analyst price target has moved higher, which reflects greater conviction in SpaceX’s trajectory across launch, connectivity, and the Super Intelligence business, even as elevated spending remains a point of focus.
Tesla reports Q3 Earnings today: here’s what to expect
SpaceX confirms Starship 15 launch window with massive ambitions
