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Tesla’s date-specific releases are spelling trouble for competing car companies
Tesla continues to release the newest and most exciting features in automotive technology on what seems like a daily basis. Recently, CEO Elon Musk has dropped several exciting developments dealing with manufacturing, battery technology, or Self-Driving functionality, all pointing toward the beginning of the end of the internal combustion engine industry. With every strategically-timed feature that Tesla releases, the ICE industry suffers another hit, making the numerous manufacturers that have been around for nearly a century rethink their strategies for the future as consumers look for new technology in cars. Tesla has established itself as the leader in moving the automotive industry forward.
Just last week, Musk stated on Twitter that Tesla would be releasing a “zero-intervention” version of the FSD suite, allowing owners to have their cars drive to destinations with no real responsibilities being left on the driver.
Musk confirmed the exact date of release earlier this morning, saying that the feature will be subject to a “limited FSD beta” on October 20th. The release date is “as promised,” as last week, the CEO indicated that it would be released “in a few weeks.”
Limited FSD beta releasing on Tuesday next week, as promised. This will, at first, be limited to a small number of people who are expert & careful drivers.
— Elon Musk (@elonmusk) October 12, 2020
Tesla has been fairly accurate with its timeframes in terms of releasing new technology to owners. However, there have been a few times in the past where the company has released something a few days, weeks, or months past the announced date. Usually, delays come down to whether the feature or functionality is ready for public use. When it comes to self-driving or semi-autonomous driving features, mistakes must be minimal. Tesla has to be sure that all bases are covered before releasing even a new characteristic’s limited-version.
Without performing the proper due-diligence, Tesla could be set back for months or even years. The company must continue to use its strive for perfection to its advantage. But now, Tesla is becoming more accurate with its timeframes, which spells significant amounts of trouble for other carmakers.
When the Full Self-Driving suite was aimed at a “feature complete” release toward the end of last year, many enthusiasts knew it would be tough for Tesla to complete this task. After the goal was not met, Musk indicated that Tesla would continue to work on the FSD suite and would release new features intermittently. Tesla did just this.
One of the most relevant examples of this is the Traffic Light and Stop Sign Control feature that became available in April 2020. When initially released, it required users to confirm that an intersection was safe for navigation by confirming it through the driving stalk. In June, Tesla removed the need for driver confirmation, allowing cars to navigate through intersections without driver intervention.
Tesla has kept its word with releasing features. However, what has been missing is an accurate timeframe, which has kept owners guessing about which features will be available at what times. But, Tesla is improving with this and is becoming more deliberate with keeping up with goals.
With more predictable release dates, Tesla becomes significantly more dangerous to legacy and ICE automotive companies. Knowing exactly when features will be ready and when the public will have the opportunity to experience them is effectively Tesla digging the six-foot deep hole where ICE car companies will lie within a few years. It means Tesla is developing functionalities in a timely fashion with accuracy and confidence.
Even though the feature is not a wide-release, FSD features rarely are. They often start with Tesla employees, and then roll out to members of the company’s “Early Access Program.” After the bugs and kinks, if there are any, are modified, then the wide-release begins.
As Tesla continues to raise the bar in semi-autonomous driving, electric vehicle technology, and EV battery functionality, it is evident that soon, there will be no more advantages to driving a car that is powered by gas. While fun for some, driving is a chore for others, and FSD will give those who are forced to travel the opportunity to have cars drive themselves.
The big picture of Tesla is narrowing down specific release dates for features is that their approach is becoming more calculated, defined, and precise. All of which are a disaster for traditional car companies who are still lagging in EV development and Advanced Driver Assistance features. Tesla is pulling away, not only literally, but metaphorically, as well.
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Starlink gets its latest airline adoptee for stable and reliable internet access
The company said it plans to “rapidly integrate Starlink into its fleet,” and that the first Starlink-equipped aircraft will enter service this Summer.
SpaceX’s Starlink, the satellite internet program launched by Elon Musk’s company, has gotten its latest airline adoptee, offering stable and reliable internet to passengers.
Southwest Airlines announced on Wednesday that it would enable Starlink on its aircraft, a new strategy that will expand to more than 300 planes by the end of the year.
The company said it plans to “rapidly integrate Starlink into its fleet,” and that the first Starlink-equipped aircraft will enter service this Summer.
Tony Roach, Executive Vice President, Chief Customer and Brand Officer for the airline, said:
“Free WiFi has been a huge hit with our Rapid Rewards Members, and we know our Customers expect seamless connectivity across all their devices when they travel. Starlink delivers that at-home experience in the air, giving Customers the ability to stream their favorite shows from any platform, watch live sports, download music, play games, work, and connect with loved ones from takeoff to landing.”
Southwest also said that this is just one of the latest upgrades it is making to provide a more well-rounded experience to its aircraft. In addition to Starlink, it is updating cabin designs, offering more legroom, and installing in-seat power to all passengers.
Southwest became one of several airlines to cross over to Starlink, as reviews for the internet provider have raved about reliability and speed. Over the past year, Hawaiian Airlines, United Airlines, Alaska Airlines, airBaltic, Air France, JSX, Emirates, British Airways, and others have all decided to install Starlink on their planes.
This has been a major move away from unpredictable and commonly unreliable WiFi offerings on planes. Starlink has been more reliable and has provided more stable connections for those using their travel time for leisure or business.
Jason Fritch, VP of Starlink Enterprise Sales at SpaceX, said:
“We’re thrilled to deliver a connectivity experience to Southwest Airlines and its Customers that really is similar, if not better, than what you can experience in your own home. Starlink is the future of connected travel, making every journey faster, smoother, and infinitely more enjoyable.”
Starlink recently crossed a massive milestone of over 10 million subscribers.
Elon Musk
Tesla nears closure of Full Self-Driving purchasing option
The move to bring FSD to this type of purchasing program comes after CEO Elon Musk noted in January that Tesla would move away from the outright purchase option.
Tesla is nearing the closure of its Full Self-Driving outright purchasing option, which will be removed on February 14, meaning Saturday will be the last time it can be bought as a non-subscription.
Tesla is aiming to move its Full Self-Driving suite to a subscription-only platform, a move that will enable people to only pay monthly for the semi-autonomous driving functionality.
The move to bring FSD to this type of purchasing program comes after CEO Elon Musk noted in January that Tesla would move away from the outright purchase option.
It is currently priced at $8,000 for the outright option to use Full Self-Driving, a substantial decrease compared to the $15,000 it was priced at one time. For the monthly subscription, it is just $99 per month, but that price will change, likely increasing as things get more advanced.
Tesla is overhauling its Full Self-Driving subscription for easier access
We say it will likely increase because there is no indication of how Tesla will price FSD. There has been some speculation that Tesla could utilize a tiered system to price FSD, which would potentially allow owners to pick and choose a set of features that would be most ideal for them.
This would potentially introduce an even more affordable option for FSD use, but this is unconfirmed. The reason many say this could be an option for Tesla is the fact that if the price goes up further, the take rate, which is currently around 12 percent at its most recent estimate, could be lower.
Musk needs 10 million active Full Self-Driving subscriptions to unlock one of the tranches of his newest compensation package.
The move to a subscription-only platform has its positives and negatives, and owners have been more than vocal about these since Musk confirmed the move.
Positives
- Lower barrier to entry and higher potential adoption
- Financially better for many users
- Easier transfers and brand loyalty
- Predictable recurring revenue for Tesla
- Access to the latest features
Negatives
- Higher long-term cost for loyal/long-term owners
- No true “ownership” or permanence
- Risk of future price hikes or even deactivation
- Perceived as of less value
- Impact on resale and used market
Overall, there is a split among the Tesla community in terms of what they see as the “right” way to handle this. Tesla is likely to shed more details on what its plans for the subscription-only platform will be, including pricing, in the coming weeks.
Elon Musk
Elon Musk’s Boring Company selected for Universal Orlando tunnel project
The underground transport tunnel is designed to address the persistent gridlock surrounding International Drive.
Elon Musk’s The Boring Company has been selected for a proposed underground transit system connecting Universal Orlando Resort and the newly opened Universal Epic Universe.
The underground transport tunnel is designed to address the persistent gridlock surrounding International Drive.
As noted in a blooloop report, Universal’s Shingle Creek Transit and Utility Community Development District approved a resolution showing its intent to designate The Boring Company as the contractor for the project.
The agreement covers the full scope of the project, from the tunnel’s design, construction, and maintenance. The project has also been described in public documents as a “point-to-point innovative transportation” initiative with a 25-year agreement.
The proposed Boring Company tunnels would directly link Universal’s existing parks with Epic Universe, which sits roughly three miles away from Universal Orlando Resort. Today, buses are the only direct connection between the two destinations.
Project requirements were quite stringent. Bidders were required to demonstrate at least $75 million in bonding capacity, have a minimum of seven years of operational experience, and show prior delivery of a comparable project valued at $25 million or more within the past 15 years. The Boring Company, thanks in no small part to the Vegas Loop, meets these requirements.
The Orlando selection adds to The Boring Company’s growing portfolio of Loop-style systems. In Las Vegas, the Las Vegas Convention Center Loop has transported more than two million passengers in Tesla vehicles through underground tunnels since 2021. The greater Vegas Loop system is also under construction.
For now, residents in the area seem enthusiastic about the upcoming project. In a comment to Fox35, residents noted that the tunnels could improve traffic in the area.
“We are very congested at certain times and certain hours and that would certainly help with people not having to budget their time,” Mary Walters-Clark, a resident, stated. Another resident, Scott Heinz, echoed similar sentiments. “I think it would be a new opportunity to lessen traffic load and good for visitors as well,” he said.
The tunneling startup has started bringing its Loop projects to international locations. It recently signed a memorandum of understanding with Dubai’s Roads and Transport Authority to explore the development of a 17-kilometer underground Loop network beneath Dubai.
Starlink gets its latest airline adoptee for stable and reliable internet access
Tesla nears closure of Full Self-Driving purchasing option
