News
Tesla Autopilot traveled fewer miles per accident in Q4, vehicle safety report shows
Update: 3/15: added paragraphs 9 and 10 to reflect weather and seasonality, which affect crash rates from quarter to quarter, as Tesla notes.
Tesla Autopilot traveled fewer miles between accidents in Q4 2022 compared to the quarter prior, the company’s vehicle safety report showed. However, there was in improvement compared to Q4 2021.
In the fourth quarter, Tesla recorded one crash for every 4.85 million miles driven in which drivers utilized Autopilot. In the third quarter, Tesla had one accident for every 6.26 million miles driven.
The company wrote:
“In the 4th quarter, we recorded one crash for every 4.85 million miles driven in which drivers were using Autopilot technology.”
Q3 was Tesla’s second-strongest quarter in terms of miles traveled on Autopilot before an accident, with only Q1 2022 showing stronger numbers. Tesla registered an accident once every 6.57 million miles in Q1.
Tesla also had a decrease in miles traveled per accident for drivers not using Autopilot compared to Q3:
“For drivers who were not using Autopilot technology, we recorded one crash for every 1.40 million miles driven.”
Credit: Tesla
Despite the decrease, Tesla Autopilot still shows stronger numbers than the national average. The NHTSA and FHWA show that one accident occurs every 652,000 miles traveled in the United States.
However, Q4 was Tesla’s least impressive performance in terms of miles traveled in between accidents. Tesla utilizes a neural network to improve Autopilot’s performance with every mile driven. This has been the company’s most significant advantage in terms of its development of semi-autonomous driver assistance programs.
It was an improvement from Q4 in the previous year, which could be affected by weather conditions. Tesla notes:
“Please note that seasonality can affect crash rates from quarter to quarter, particularly in quarters where reduced daylight and inclement or wintry weather conditions are more common. To minimize seasonality as a variable, compare a quarter to the same quarter in prior years.”
Autopilot has not been recognized as the most robust driver assistance system by media outlets. After Consumer Reports indicated Ford Blue Cruise and GM SuperCruise were the best available suites on the market, Tesla Autopilot slipped to 7th place.
Ford BlueCruise, GM SuperCruise ranked as best Driver Assistance systems, Tesla Autopilot ranks 7th
Tesla Autopilot has also been subjected to investigations from U.S. regulators. A 2014 Model S that struck a firetruck in California last month is the most recent investigation to be launched by the National Highway Traffic Safety Administration (NHTSA) after the agency had already initiated a probe to determine why the vehicles have collided with emergency vehicles.
Nevertheless, Tesla Autopilot, despite the slide in Q4, is still showing more miles traveled than the national average. Autopilot is still a work in progress, and Tesla’s biggest focus is autonomy, according to CEO Elon Musk.
Musk said earlier this month that its next vehicle would be capable of handling most of its operation in autonomous modes.
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Elon Musk
Elon Musk confirms xAI’s purchase of five 380 MW natural gas turbines
The deal, which was confirmed by Musk on X, highlights xAI’s effort to aggressively scale its operations.
xAI, Elon Musk’s artificial intelligence startup, has purchased five additional 380 MW natural gas turbines from South Korea’s Doosan Enerbility to power its growing supercomputer clusters.
The deal, which was confirmed by Musk on X, highlights xAI’s effort to aggressively scale its operations.
xAI’s turbine deal details
News of xAI’s new turbines was shared on social media platform X, with user @SemiAnalysis_ stating that the turbines were produced by South Korea’s Doosan Enerbility. As noted in an Asian Business Daily report, Doosan Enerbility announced last October that it signed a contract to supply two 380 MW gas turbines for a major U.S. tech company. Doosan later noted in December that it secured an order for three more 380 MW gas turbines.
As per the X user, the gas turbines would power an additional 600,000+ GB200 NVL72 equivalent size cluster. This should make xAI’s facilities among the largest in the world. In a reply, Elon Musk confirmed that xAI did purchase the turbines. “True,” Musk wrote in a post on X.
xAI’s ambitions
Recent reports have indicated that xAI closed an upsized $20 billion Series E funding round, exceeding the initial $15 billion target to fuel rapid infrastructure scaling and AI product development. The funding, as per the AI startup, “will accelerate our world-leading infrastructure buildout, enable the rapid development and deployment of transformative AI products.”
The company also teased the rollout of its upcoming frontier AI model. “Looking ahead, Grok 5 is currently in training, and we are focused on launching innovative new consumer and enterprise products that harness the power of Grok, Colossus, and 𝕏 to transform how we live, work, and play,” xAI wrote in a post on its website.
Elon Musk
Elon Musk’s xAI closes upsized $20B Series E funding round
xAI announced the investment round in a post on its official website.
xAI has closed an upsized $20 billion Series E funding round, exceeding the initial $15 billion target to fuel rapid infrastructure scaling and AI product development.
xAI announced the investment round in a post on its official website.
A $20 billion Series E round
As noted by the artificial intelligence startup in its post, the Series E funding round attracted a diverse group of investors, including Valor Equity Partners, Stepstone Group, Fidelity Management & Research Company, Qatar Investment Authority, MGX, and Baron Capital Group, among others.
Strategic partners NVIDIA and Cisco Investments also continued support for building the world’s largest GPU clusters.
As xAI stated, “This financing will accelerate our world-leading infrastructure buildout, enable the rapid development and deployment of transformative AI products reaching billions of users, and fuel groundbreaking research advancing xAI’s core mission: Understanding the Universe.”
xAI’s core mission
Th Series E funding builds on xAI’s previous rounds, powering Grok advancements and massive compute expansions like the Memphis supercluster. The upsized demand reflects growing recognition of xAI’s potential in frontier AI.
xAI also highlighted several of its breakthroughs in 2025, from the buildout of Colossus I and II, which ended with over 1 million H100 GPU equivalents, and the rollout of the Grok 4 Series, Grok Voice, and Grok Imagine, among others. The company also confirmed that work is already underway to train the flagship large language model’s next iteration, Grok 5.
“Looking ahead, Grok 5 is currently in training, and we are focused on launching innovative new consumer and enterprise products that harness the power of Grok, Colossus, and 𝕏 to transform how we live, work, and play,” xAI wrote.
Investor's Corner
Tesla gets price target bump, citing growing lead in self-driving
Tesla (NASDAQ: TSLA) stock received a price target update from Pierre Ferragu of Wall Street firm New Street Research, citing the company’s growing lead in self-driving and autonomy.
On Tuesday, Ferragu bumped his price target from $520 to $600, stating that the consensus from the Consumer Electronics Show in Las Vegas was that Tesla’s lead in autonomy has been sustained, is growing, and sits at a multiple-year lead over its competitors.
CES 2026 validates Tesla’s FSD strategy, but there’s a big lag for rivals: analyst
“The signal from Vegas is loud and clear,” the analyst writes. “The industry isn’t catching up to Tesla; it is actively validating Tesla’s strategy…just with a 12-year lag.”
The note shows that the company’s prowess in vehicle autonomy is being solidified by lagging competitors that claim to have the best method. The only problem is that Tesla’s Vision-based approach, which it adopted back in 2022 with the Model 3 and Model Y initially, has been proven to be more effective than competitors’ approach, which utilizes other technology, such as LiDAR and sensors.
Currently, Tesla shares are sitting at around $433, as the company’s stock price closed at $432.96 on Tuesday afternoon.
Ferragu’s consensus on Tesla shares echoes that of other Wall Street analysts who are bullish on the company’s stock and position within the AI, autonomy, and robotics sector.
Dan Ives of Wedbush wrote in a note in mid-December that he anticipates Tesla having a massive 2026, and could reach a $3 trillion valuation this year, especially with the “AI chapter” taking hold of the narrative at the company.
Ives also said that the big step in the right direction for Tesla will be initiating production of the Cybercab, as well as expanding on the Robotaxi program through the next 12 months:
“…as full-scale volume production begins with the autonomous and robotics roadmap…The company has started to test the all-important Cybercab in Austin over the past few weeks, which is an incremental step towards launching in 2026 with important volume production of Cybercabs starting in April/May, which remains the golden goose in unlocking TSLA’s AI valuation.”
Tesla analyst breaks down delivery report: ‘A step in the right direction’
Tesla has transitioned from an automaker to a full-fledged AI company, and its Robotaxi and Cybercab programs, fueled by the Full Self-Driving suite, are leading the charge moving forward. In 2026, there are major goals the company has outlined. The first is removing Safety Drivers from vehicles in Austin, Texas, one of the areas where it operates a ride-hailing service within the U.S.
Ultimately, Tesla will aim to launch a Level 5 autonomy suite to the public in the coming years.