News
Tesla Autopilot impresses in 79-minute ‘Torture Test’ through long winding roads
A Tesla Model 3 owner recently tested Autopilot’s abilities on the long and winding roads of the Blue Ridge Parkway in North Carolina. The 45.9-mile trip lasted 79 minutes, giving the driver a fair amount of insight regarding Autopilot’s performance with update 2020.16.2.1.
In a later comment on Reddit, the host of Youtube’s The Tech of Tech channel stated that he decided to test Autopilot’s capabilities on rainy, foggy roads stretching across the historic Blue Ridge Parkway in North Carolina.
“I did adjust the maximum speed to accommodate visibility due to fog as Autopilot doesn’t know to just slow down- it will shut off if it can’t see far enough for the speed. However, by lowering the maximum speed to what I’d want to drive anyway, Autopilot remains engaged. Other than that, all steering, braking, acceleration, etc. is done by the car and not me,” the driver wrote.
One notable feature of the update focused on Autopilot’s capability to slow down for sharp curves, which results in safer navigation through abrupt turns. For example, on a right turn, the car will drive closer to the right edge of the pavement, which provides a safer environment if two vehicles are driving through the same curve in opposite directions.
Tech of Tech indicates that the addition of the “Slowing for Sharp Curves” feature was the only reason the car could navigate the tricky roads of the Blue Ridge Parkway, which it did in impressive fashion.
Tesla rolled out a similar feature last year, but there were some issues with its performance that made some drivers feel uncomfortable. The company continually improved the capability, which was then released with 2020.16.2.1 to owners around May 16 this year, according to TeslaFi.com.
“This update introduced new slowing behavior. Autopilot slows much more for tight curves than before, and it does so much more smoothly than the aborted slowing behavior introduced when V10 first released,” the host said.
As could be seen in the video of the torture test, Autopilot managed to navigate through the various challenging sections of the Blue Ridge Parkway for 79 straight minutes before the car took a turn a bit too sharply, which required the driver to intervene. This instance was the only mistake that the car’s software made in almost 46 miles of driving, and that’s in questionable weather conditions and on a stretch of road that challenges even human drivers.
Tesla’s Autopilot software continues to improve through the millions of miles of driving data that owners contribute to the company’s Neural Network. Tesla CEO Elon Musk indicated during the company’s Q1 2020 Earnings Call that the Neural Net’s training was coming along nicely and that contributions were being assessed to improve the safety and performance of the company’s driver-assist features.
“We are collecting data from over 1 million intersections every month at this point. This number will grow exponentially as more people get the update, and as more people start driving again. Soon, we will be collecting data from over 1 billion intersections per month. All of those confirmations are training on neural net, essentially, the driver when driving and taking action is effectively labeling — the labeling reality as they drive, and making the neural net better and better,” Musk said.
Watch The Tech of Tech‘s Tesla Model 3 navigate the Blue Ridge Parkway below.
Investor's Corner
Tesla stock closes at all-time high on heels of Robotaxi progress
Tesla stock (NASDAQ: TSLA) closed at an all-time high on Tuesday, jumping over 3 percent during the day and finishing at $489.88.
The price beats the previous record close, which was $479.86.
Shares have had a crazy year, dipping more than 40 percent from the start of the year. The stock then started to recover once again around late April, when its price started to climb back up from the low $200 level.
This week, Tesla started to climb toward its highest levels ever, as it was revealed on Sunday that the company was testing driverless Robotaxis in Austin. The spike in value pushed the company’s valuation to $1.63 trillion.
Tesla Robotaxi goes driverless as Musk confirms Safety Monitor removal testing
It is the seventh-most valuable company on the market currently, trailing Nvidia, Apple, Alphabet (Google), Microsoft, Amazon, and Meta.
Shares closed up $14.57 today, up over 3 percent.
The stock has gone through a lot this year, as previously mentioned. Shares tumbled in Q1 due to CEO Elon Musk’s involvement with the Department of Government Efficiency (DOGE), which pulled his attention away from his companies and left a major overhang on their valuations.
However, things started to rebound halfway through the year, and as the government started to phase out the $7,500 tax credit, demand spiked as consumers tried to take advantage of it.
Q3 deliveries were the highest in company history, and Tesla responded to the loss of the tax credit with the launch of the Model 3 and Model Y Standard.
Additionally, analysts have announced high expectations this week for the company on Wall Street as Robotaxi continues to be the focus. With autonomy within Tesla’s sights, things are moving in the direction of Robotaxi being a major catalyst for growth on the Street in the coming year.
Elon Musk
Tesla needs to come through on this one Robotaxi metric, analyst says
“We think the key focus from here will be how fast Tesla can scale driverless operations (including if Tesla’s approach to software/hardware allows it to scale significantly faster than competitors, as the company has argued), and on profitability.”
Tesla needs to come through on this one Robotaxi metric, Mark Delaney of Goldman Sachs says.
Tesla is in the process of rolling out its Robotaxi platform to areas outside of Austin and the California Bay Area. It has plans to launch in five additional cities, including Houston, Dallas, Miami, Las Vegas, and Phoenix.
However, the company’s expansion is not what the focus needs to be, according to Delaney. It’s the speed of deployment.
The analyst said:
“We think the key focus from here will be how fast Tesla can scale driverless operations (including if Tesla’s approach to software/hardware allows it to scale significantly faster than competitors, as the company has argued), and on profitability.”
Profitability will come as the Robotaxi fleet expands. Making that money will be dependent on when Tesla can initiate rides in more areas, giving more customers access to the program.
There are some additional things that the company needs to make happen ahead of the major Robotaxi expansion, one of those things is launching driverless rides in Austin, the first city in which it launched the program.
This week, Tesla started testing driverless Robotaxi rides in Austin, as two different Model Y units were spotted with no occupants, a huge step in the company’s plans for the ride-sharing platform.
Tesla Robotaxi goes driverless as Musk confirms Safety Monitor removal testing
CEO Elon Musk has been hoping to remove Safety Monitors from Robotaxis in Austin for several months, first mentioning the plan to have them out by the end of 2025 in September. He confirmed on Sunday that Tesla had officially removed vehicle occupants and started testing truly unsupervised rides.
Although Safety Monitors in Austin have been sitting in the passenger’s seat, they have still had the ability to override things in case of an emergency. After all, the ultimate goal was safety and avoiding any accidents or injuries.
Goldman Sachs reiterated its ‘Neutral’ rating and its $400 price target. Delaney said, “Tesla is making progress with its autonomous technology,” and recent developments make it evident that this is true.
Investor's Corner
Tesla gets bold Robotaxi prediction from Wall Street firm
Last week, Andrew Percoco took over Tesla analysis for Morgan Stanley from Adam Jonas, who covered the stock for years. Percoco seems to be less optimistic and bullish on Tesla shares, while still being fair and balanced in his analysis.
Tesla (NASDAQ: TSLA) received a bold Robotaxi prediction from Morgan Stanley, which anticipates a dramatic increase in the size of the company’s autonomous ride-hailing suite in the coming years.
Last week, Andrew Percoco took over Tesla analysis for Morgan Stanley from Adam Jonas, who covered the stock for years. Percoco seems to be less optimistic and bullish on Tesla shares, while still being fair and balanced in his analysis.
Percoco dug into the Robotaxi fleet and its expansion in the coming years in his latest note, released on Tuesday. The firm expects Tesla to increase the Robotaxi fleet size to 1,000 vehicles in 2026. However, that’s small-scale compared to what they expect from Tesla in a decade.
Tesla expands Robotaxi app access once again, this time on a global scale
By 2035, Morgan Stanley believes there will be one million Robotaxis on the road across multiple cities, a major jump and a considerable fleet size. We assume this means the fleet of vehicles Tesla will operate internally, and not including passenger-owned vehicles that could be added through software updates.
He also listed three specific catalysts that investors should pay attention to, as these will represent the company being on track to achieve its Robotaxi dreams:
- Opening Robotaxi to the public without a Safety Monitor. Timing is unclear, but it appears that Tesla is getting closer by the day.
- Improvement in safety metrics without the Safety Monitor. Tesla’s ability to improve its safety metrics as it scales miles driven without the Safety Monitor is imperative as it looks to scale in new states and cities in 2026.
- Cybercab start of production, targeted for April 2026. Tesla’s Cybercab is a purpose-built vehicle (no steering wheel or pedals, only two seats) that is expected to be produced through its state-of-the-art unboxed manufacturing process, offering further cost reductions and thus accelerating adoption over time.
Robotaxi stands to be one of Tesla’s most significant revenue contributors, especially as the company plans to continue expanding its ride-hailing service across the world in the coming years.
Its current deployment strategy is controlled and conservative to avoid any drastic and potentially program-ruining incidents.
So far, the program, which is active in Austin and the California Bay Area, has been widely successful.