Tesla’s new 2020.24.5 software update unleashed a flurry of new features to Tesla owners. However, one of the most interesting newly-added features is the company’s intended use of the camera located above the rearview mirror, which could capture images and record videos before an accident or safety event. The data will then be shared with Tesla engineers, who would use it to create safer vehicles in the future.
Tesla rolled out the software update on June 18 and included improvements to Driving Visualization, Backup Camera, Dashcam Viewer, and Walk-Away Door Lock systems. However, the Cabin Camera feature, which is new to the company’s fleet, intends to create a safer vehicle in the future by studying how different types of collisions impact humans.
Next software update allows you to activate data sharing of your cabin vehicle camera to help Tesla engineers build new safety features : pic.twitter.com/hgF80etBsA
— TESLA saves lives (@Teslasaveslives) June 18, 2020
The release notes state:
“Help Tesla continue to develop safer vehicles by sharing camera data from your vehicle. This update will allow you to enable the built-in cabin camera above the rearview mirror. If enabled, Tesla will automatically capture images and a short video clip just prior to a collision or safety event to help engineers develop safety features and enhancements in the future. As usual, you can adjust your data sharing preferences by tapping Controls > Safety & Security > DATA SHARING > Allow Camera Analytics.
Note: Cabin camera images and video clips will not be associated with your VIN to protect your privacy.”
Tesla’s vehicles are already among the safest cars on the road. As evidenced by multiple five-star crash safety ratings from numerous agencies across the world, Tesla’s cars are engineered to protect the passengers in the event of an accident. However, the company has not used these ratings as an indication that its vehicles are incapable of improving.
The Model Y teardown from Sandy Munro indicated that the company had improved several sections of the vehicle compared to its predecessor, the Model 3. After including a rear crush plate to protect against rear-end collisions and new firewall improvements, it was clear Tesla was looking to improve upon its already impressive safety standards.
Tesla’s Cabin Camera has been a focus of many owners and enthusiasts. It remained dormant until January when CEO Elon Musk confirmed that the camera could be used to record intruders as a part of the company’s Sentry Mode feature. Now, it is receiving more functionalities, and more will likely be added in the near future.
The addition of the Cabin Camera’s safety monitoring system proves Tesla is never content with how safe its vehicles are. The company is continuously seeking improvements and additional features that increase the safety of its cars. Data that will be transmitted to engineers via the Cabin Camera feature will surely give insight into where the company can improve, leading to Tesla becoming the undisputed manufacturer of the world’s safest cars, bar none.
News
Tesla new vehicle registrations in China surge to 12-week high
Quarter to date, Tesla’s insurance registrations are up 33.2% sequentially.

Tesla saw a notable jump in weekly new vehicle registrations in China, with 17,300 units recorded from September 15 to 21.
The figure marked a 12.7% increase from the previous week’s 15,350 units and represented the highest weekly total in the past 12 weeks.
Model Y still leads the momentum
The Model Y continued to be Tesla’s best-selling vehicle in China, with 10,340 registrations during the week. Tesla’s recently introduced Model Y L, an extended wheelbase, six-seat variant that launched on August 19, contributed 850 units as deliveries began earlier this month. The Model 3 sedan added 6,060 registrations.
Tesla China noted that customers ordering the Model Y L today can expect deliveries to begin in November, hinting at the strong demand for the newly released vehicle, as noted in a CNEV Post report.
Tesla China’s quarterly performance
Tesla’s retail sales in China totaled 57,152 units in August, down 9.9% compared with the 63,456 units from the same month last year but up 40.7% from July’s 40,617 units, as per data from the China Passenger Car Association (CPCA). Quarter to date, Tesla’s insurance registrations are up 33.2% sequentially but remain 7.8% lower year-over-year.
Despite Tesla China’s year-to-date numbers still being 5.9% lower than the previous year’s figures, it is difficult not to be impressed with the company’s momentum this Q3 2025. With Model Y L production likely picking up steam soon, the trend of the company’s new vehicle registrations in China may very well prove to be quite interesting in the coming quarter.
Investor's Corner
Mizuho raises Tesla (TSLA) price target on stronger 2026 outlook
Mizuho also retained Tesla’s “Outperform” rating despite short-term industry challenges.

Mizuho Securities has lifted its price target for Tesla (NASDAQ:TSLA) shares to $450 from $375, citing a more optimistic view of the electric vehicle market in 2026.
The firm stated that potential tariff headwinds appear less severe than earlier expected, while EV production volumes are trending higher across major automakers. Mizuho also retained Tesla’s “Outperform” rating despite short-term industry challenges.
Mizuho’s take
Mizuho analysts now forecast Tesla will deliver about 1.91 million vehicles in 2026, slightly down from their previous estimate of 1.95 million but still above Wall Street consensus. The firm pointed to Tesla’s planned lower-cost “Model 2” and potential Robotaxi launches as key drivers for growth over the next two years.
“We see TSLA maintaining key leadership in the U.S. BEV market despite some near-term challenges,” Vijay Rakesh, managing director at Mizuho, wrote in a research note.
The note also highlighted Elon Musk’s recently approved compensation package and his $1 billion stock purchase, which Mizuho believes could align incentives with Tesla’s long-term projects, as noted in a Yahoo Finance report. These include advancing autonomous driving technology and pushing development of humanoid robots, both of which remain central to Musk’s vision of the company’s future.
Similar insights
Mizuho is not the only firm that has cited Tesla’s long-term projects and the company’s leadership position in the AI and auto sector. In a recent note, Piper Sandler highlighted that despite the growing number of legitimate competitors for Tesla in places like China, the company still has a foundational role in shaping the industry’s direction, particularly in areas such as battery integration, vehicle software, and AI-powered features.
Piper Sandler also noted that competitors still look to Tesla for advancements in real-world AI applications. “Building AI-enabled machines requires data, talent, chips, and engineering prowess. Tesla compares favorably vs. the Chinese on all of these fronts,,” the firm noted.
News
Tesla bolsters Referral Program with big change and bigger rewards
The Tesla Referral Program offers benefits to both car buyers and existing Tesla owners, including complimentary Full Self-Driving trials, free Supercharging miles, and discounts on select purchases, such as cars.

Tesla has bolstered its Referral Program by offering more significant benefits for both the referrer and the referee. However, it only applies to certain vehicles in the Tesla lineup.
The Tesla Referral Program offers benefits to both car buyers and existing Tesla owners, including complimentary Full Self-Driving trials, free Supercharging miles, and discounts on select purchases, such as cars.
It changes relatively frequently, and is a great way to encourage people to buy a new car. Tesla is routinely making adjustments to it to stimulate demand, but the referral program likely does not encourage too many sales. Instead, it’s more of a reward for the referrer.
However, the latest adjustments are more substantial for both the buyer and the owner, offering pretty sizeable discounts on the purchase price of a Model S, Model X, or Cybertruck.
There are also discounts for current owners, giving them money off of all five Tesla vehicles.
Here’s the rundown of the new Referral Program awards:
- You’ll earn $250 in Tesla Credits for each person you refer who takes delivery of a new Tesla
- The first 10 people who order a new Model S, Model X, or Cybertruck using your referral link and take delivery will receive $1,000 off their purchase
- When you purchase a new Model S, Model X, or Cybertruck for yourself, you’ll get $1,000 off
- When you purchase a new Model 3 or Model Y, you’ll get $500 off
- Limited to 10 awards
Tesla changed the referral program slightly for those using your code! pic.twitter.com/JBFzKlxsJg
— David Lescatre Jr (@DavidLescatreJr) September 21, 2025
This is a pretty big discount as $1,000 off a Model S, Model X, or Cybertruck is a nice benefit to three of Tesla’s most expensive vehicles.
The additional $500 off a Model 3 or Model Y is also a nice cushion. A similar Referral Program was launched by Tesla last August.
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