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Elon Musk extends thanks to FSD beta testers for giving valuable real-world data
Elon Musk has extended his thanks to Tesla owners who received the company’s limited Full Self-Driving beta last week. The information Tesla is gathering from early access FSD beta testers will be invaluable as the company’s AI team continues to enhance and refine the EV automaker’s autonomous driving software.
The founder of Tesla Owners Club Vancouver Islands James Locke asked Elon Musk about his view on the content early access FSD testers were sharing. “Yes, very helpful,” said the Tesla CEO. “Thanks to all beta testers.”
Last week, Musk announced that Tesla plans to roll out the FSD beta to the general public later this year. Tesla will need all the information it can get to make sure that the full release of the Full Self-Driving beta goes smoothly.
Videos and other content early beta testers have shared recently revealed how much more intuitive and human-like FSD responds to its environment while on the road. By far the most impressive detail to Tesla’s FSD beta would be how fast it improves.
Tesla enthusiast and “part-time comedy act” @WholeMarsBlog talked about FSD beta’s quick growth on Twitter. The Tesla owner’s first impression of FSD beta was that it operated like “a drunk baby driving a car.” “It’s a little questionable, but then you realize ‘holy s*** a baby is driving a car.’ Imagine what it’ll be able to do when it grows up,” tweeted @WholeMarsBlog.
Not long after, the Tesla enthusiast tweeted: “The FSD betas are improving shockingly fast. It almost seems like someone is fixing issues on the fly, and the time between builds is very short.” His recent assessment of Tesla Full Self-Driving beta suggests that the capabilities of the system are quite literally growing right in front of our eyes.
Elon Musk’s gracious thank you to early access beta testers highlights the role consumers play in Tesla’s quick software improvements. After all, the more data beta testers feed to FSD and the AI Autopilot team, the better the autonomous driving software will be in the near future.
Currently, Tesla has gathered the most real-world data for autonomous driving. Tesla’s Director of AI Andrej Karpathy revealed that the company has gathered up to 3 billion miles of real-world data from its fleet as of February 2020, noted Lex Fridman.
In comparison, Waymo has gathered 20 million real-world miles as of date. Waymo is one of Tesla’s biggest competitors in autonomous vehicles, and it’s already considered as one of the leaders in self-driving tech. Needless to say, the vast difference in the companies’ real-world data is striking.
Tesla owners can be credited for the billion miles worth of data the company has collected for FSD. Each and every Tesla on the road right now gathers bits of information that will help Karpathy and the company’s AI team polish Full Self-Driving.
Before any FSD updates are released to the entire Tesla fleet, however, it must be refined. Hence the importance of early access beta testers. The information they share via YouTube, Twitter, etc and feed to Tesla, the more refined FSD beta will be once it rolls out to the general public.
Here’s what Tesla’s limited FSD beta can do today.
News
Waymo temporarily halts service in select San Francisco and LA areas amid protests
The suspensions came after several Waymo Jaguar I-Pace robotaxis were vandalized and set ablaze during the demonstrations.

Waymo, Alphabet’s autonomous vehicle subsidiary, has suspended its driverless taxi operations in parts of Los Angeles and San Francisco amid violent protests linked to U.S. Immigration and Customs Enforcement (ICE) raids in the state.
The suspensions came after several Waymo Jaguar I-Pace robotaxis were vandalized and set ablaze during the demonstrations.
Waymo Catches Strays Amid Anti-ICE Protests
Protests erupted in Los Angeles and San Francisco in response to the Trump administration’s immigration raids, which ultimately resulted in California Governor Gavin Newsom calling the White House’s deployment of National Guard troops unconstitutional.
Amidst the protests, images and videos emerged showing several Waymo robotaxis being defaced and destroyed. At least five Waymo robotaxis ended up being caught in the crossfire, and at least one vehicle ended up being burned to the ground.
The incident resulted in the Los Angeles Police Department advising people to avoid downtown areas due to toxic fumes from the robotaxis’ burning lithium-ion batteries. As noted in a KRON4 report, Waymo ultimately halted service in affected areas “out of an abundance of caution.”
Robotaxi Sentiments
The cost of the attacks is notable. Each Waymo robotaxi is valued between $150,000 and $200,000, per a 2024 Wall Street Journal report. Interestingly enough, this is not the first time that Waymo’s robotaxis ended up on the receiving end of angry protesters. On February 24, a Jaguar I-PACE robotaxi was set ablaze and vandalized by a crowd in San Francisco. Videos taken at the time showed a mob of people attacking the vehicle.
Despite the recent attacks on its robotaxis, Waymo has stated it has “no reason to believe” its vehicles were specifically targeted during the protests, as per a report from The Washington Post. A company spokesperson also noted that some of the Waymo robotaxis that were defaced and destroyed during the violent demonstrations had been completing drop-offs near the protest zones.
Investor's Corner
xAI targets $5 billion debt offering to fuel company goals
Elon Musk’s xAI is targeting a $5B debt raise, led by Morgan Stanley, to scale its artificial intelligence efforts.

xAI’s $5 billion debt offering, marketed by Morgan Stanley, underscores Elon Musk’s ambitious plans to expand the artificial intelligence venture. The xAI package comprises bonds and two loans, highlighting the company’s strategic push to fuel its artificial intelligence development.
Last week, Morgan Stanley began pitching a floating-rate term loan B at 97 cents on the dollar with a variable interest rate of 700 basis points over the SOFR benchmark, one source said. A second option offers a fixed-rate loan and bonds at 12%, with terms contingent on investor appetite. This “best efforts” transaction, where the debt size hinges on demand, reflects cautious lending in an uncertain economic climate.
According to Reuters sources, Morgan Stanley will not guarantee the issue volume or commit its own capital in the xAI deal, marking a shift from past commitments. The change in approach stems from lessons learned during Musk’s 2022 X acquisition when Morgan Stanley and six other banks held $13 billion in debt for over two years.
Morgan Stanley and the six other banks backing Musk’s X acquisition could only dispose of that debt earlier this year. They capitalized on X’s improved operating performance over the previous two quarters as traffic on the platform increased engagement around the U.S. presidential elections. This time, Morgan Stanley’s prudent strategy mitigates similar risks.
Beyond debt, xAI is in talks to raise $20 billion in equity, potentially valuing the company between $120 billion and $200 billion, sources said. In April, Musk hinted at a significant valuation adjustment for xAI, stating he was looking to put a “proper value” on xAI during an investor call.
As xAI pursues this $5 billion debt offering, its financial strategy positions it to lead the AI revolution, blending innovation with market opportunity.
News
SpaceX to debut new Dragon capsule in Axiom Space launch
Ax-4’s launch marks the debut of SpaceX’s latest Crew Dragon and pushes Axiom closer to building its own space station.

Axiom Space’s Ax-4 mission targets the International Space Station (ISS) with a new SpaceX Crew Dragon capsule.
The Axiom team will launch a new SpaceX Dragon capsule atop a Falcon 9 rocket from NASA’s Kennedy Space Center in Florida on Wednesday at 8:00 a.m. EDT (1200 GMT). The Ax-4 mission launch was initially set for Tuesday, June 10, but was delayed by one day due to expected high winds.
As Axiom Space’s fourth crewed mission to the ISS, Ax-4 marks the debut of an updated SpaceX Crew Dragon capsule. “This is the first flight for this Dragon capsule, and it’s carrying an international crew—a perfect debut. We’ve upgraded storage, propulsion components, and the seat lash design for improved reliability and reuse,” said William Gerstenmaier, SpaceX’s vice president of build and flight reliability.
Axiom Space is a Houston-based private space infrastructure company. It has been launching private astronauts to the ISS for research and training since 2022, building expertise for its future station. With NASA planning to decommission the ISS by 2030, Axiom has laid the groundwork for the Axiom Station, the world’s first commercial space station. The company has already begun construction on its ISS replacement.
The Ax-4 mission’s research, spanning biological, life, and material sciences and Earth observation, will support this ambitious goal. Contributions from 31 countries underscore the mission’s global scope. The four-person crew will launch from Launch Complex 39A, embarking on a 14-day mission to conduct approximately 60 scientific studies.
“The AX-4 crew represents the very best of international collaboration, dedication, and human potential. Over the past 10 months, these astronauts have trained with focus and determination, each of them exceeding the required thresholds to ensure mission safety, scientific rigor, and operational excellence,” said Allen Flynt, Axiom Space’s chief of mission services.
The Ax-4 mission highlights Axiom’s commitment to advancing commercial space exploration. By leveraging SpaceX’s Dragon capsule and conducting diverse scientific experiments, Axiom is paving the way for its Axiom Station. This mission not only strengthens international collaborations but also positions Axiom as a leader in the evolving landscape of private space infrastructure.
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