News
Tesla FSD Beta 10.69.2 “looking good” for weekend release + 10.69.1.1 Reviews
Elon Musk shared that Tesla FSD Beta 10.69.2’s release is still set for this weekend.
Tesla initially planned to release v10.69.2 last week but delayed the update to polish it up more. The company rolled out v.10.69.1.1 to more Beta testers instead.
Tesla FSD Beta 10.69.1.1 Reviews
A few Tesla Beta testers who received v10.69.1.1 shared their observations and thoughts about the update with Teslarati. One of the common issues Beta Testers mentioned was phantom braking.
One 2021 Model S owner, Howard, noted that his Tesla vehicle still experienced phantom braking too much. He shared that his Model S drove like a 16-year-old. “Not smooth with the wheel, throttle, or brakes,” he said.
Howard also observed that his Tesla ignored some speed signs, even if they popped up on the display. The Tesla Model S owner added that his car “still fades right into turn lanes when there is not [a] turn to be done. It then swerves to go to the last [turn] it just left.”
Fellow FSD Beta tester, Michael, was “a bit disappointed” with the latest update. He noted experiencing some phantom braking along the Long Island Expressway.
“Can’t seem to figure out the somewhat irregular lines in the HOV lane, which is surprising to me. Oh well….hope for better next time. Still not there, but much better than first experiences,” Michael added.
Impressions from a longtime FSD Beta Tester
FSD Beta tester Les also shared his thoughts about v.10.69.1.1 with Teslarati. Les has been an Early Access software tester since 2018. He was kind enough to break down all his observations from testing FSD Beta 10.69.1.1.
Les mentioned seeing a few issues with FSD Beta that have been around since Fall 2021. Some of the issues are listed below.
- [The] car doesn’t always stay in [the] proper turn lane when using the outer lane of a left dual turn lane scenario; 8/10 times, mid-turn, it will cross over into the inner turn lane. It has done this for me with every FSD Beta build back to October 2021.
- Inconsistent lane selection: my car will still sometimes move[s] into lanes opposite to the next upcoming turn, sometimes when close to that upcoming turn, sometimes missing the turn itself.
- Late turn signals: this is a long-standing issue many testers have reported. The turn signals [usually] activate too late when they need to activate ahead of a turn lane to alert drivers behind us.
Despite the continuing issues he observed, Les seemed to have an overall good experience with the latest update. He specifically highlighted Tesla’s work with Chuck Cook Style’s unprotected left terms which were specifically mentioned in v10.69’s release notes. Listed below are all his good observations about FSD Beta v. 10.69.1.1.
- The improvement to “Chuck Cook style” unprotected left turns with multiple lanes and medians is incredible. The car utilizes the median space very well. [It] feels like more than an improvement. It really almost feels like a feature upgrade. It’s that significant and amazing to experience.
- The car has almost no more phantom braking events for me. I never had many to begin with, certainly not as many severe events as other friends report, but I did notice the ones I had and the places they occurred no longer occurred.
- Traffic turning across my car’s path no longer triggers a cautious braking event when there’s enough room ahead. The car better recognizes the crossing vehicle’s direction and speed, and my car maintains its speed. Very human-like behavior.
- More assertive and smooth acceleration out of turns, especially when entering a higher speed road. Related: improved acceleration from stops. I like this very much, as prior builds often took too long (for my taste anyway) to get up to speed. It still could get up to speed more quickly, but there is [a] notable improvement.
- The dashcam bug has been eliminated!! The prior build would routinely crash the dashcam after I parked and/or charged, requiring either a computer reboot or removal/reinsertion of [the] dashcam thumb drive to fix. No more problems!
In general, Tesla is steadily improving FSD Beta with each update. And Testers are actively experiencing those improvements. However, Tesla’s Full Self-Driving suite still needs more work before it rolls out to the public.
Are you an FSD Beta tester? I’d like to hear your thoughts on v10.69.2! Contact me at maria@teslarati.com or via Twitter @Writer_01001101.
Investor's Corner
LIVE BLOG: Tesla (TSLA) Q4 and FY 2025 earnings call
Tesla’s (NASDAQ:TSLA) earnings call follows the release of the company’s Q4 and full-year 2025 update letter.
Tesla’s (NASDAQ:TSLA) earnings call follows the release of the company’s Q4 and full-year 2025 update letter, which was published on Tesla’s Investor Relations website after markets closed on January 28, 2025.
The results cap a quarter in which Tesla produced more than 434,000 vehicles, delivered over 418,000 vehicles, and deployed 14.2 GWh of energy storage products. For the full year, Tesla produced 1.65 million vehicles and delivered 1.63 million, while total energy storage deployments reached 46.7 GWh.
Tesla’s Q4 and FY 2025 Results
According to Tesla’s Q4 and FY 2025 Update Letter, the company posted GAAP earnings per share of $0.24 and non-GAAP EPS of $0.50 in the fourth quarter. Total revenue for Q4 came in at $24.901 billion, while GAAP net income was reported at $840 million.
For full-year 2025, Tesla reported GAAP EPS of $1.08 and non-GAAP EPS of $1.66 per share. Total revenue reached $94.83 billion, including $69.53 billion from automotive operations and $12.78 billion from the company’s energy generation and storage business. GAAP net income for the year totaled $3.79 billion.
Earnings call updates
The following are live updates from Tesla’s Q4 and FY 2025 earnings call. I will be updating this article in real time, so please keep refreshing the page to view the latest updates on this story.
16:25 CT – Good day to everyone, and welcome to another Tesla earnings call live blog. There’s a lot to unpack from Tesla’s Q4 and FY 2025 update letter, so I’m pretty sure this earnings call will be quite interesting.
16:30 CT – The Q4 and FY 2025 earnings call officially starts. IR exec Travis Axelrod opens the call. Elon and other executives are present.
16:30 CT – Elon makes his opening statement and explains why Tesla changed its mission to “Amazing Abundance.” “With the continued growth of AI and robotics, I think we’re headed towards a future of universal high income,” Musk said, adding that along the way, Tesla will still be improving its products while keeping the environment safe and healthy.
16:34 CT – Elon noted that the first steps for this future are happening this year, thanks to Tesla’s autonomy and robotics programs, which will be launching and ramping this year. He also highlighted that Tesla will be making major investments this year, though the company will be very strategic when it comes to its funding. “I think it makes a ton of strategic sense,” Musk said.
16:36 CT – Elon also announces the end of the Model S and Model X programs “with an honorable discharge.” If you’re interested in buying a Model S or X, it’s best to do it now, Musk said. The Model S and Model X factory in Fremont will be replaced by an Optimus line. “It’s slightly sad, but it is time to bring the S and X program to an end. It’s part of our overall shift to an autonomous future,” Musk said.
16:38 CT – Elon discusses how Unsupervised FSD is now starting for the Robotaxi service. He noted that these Unsupervised Robotaxis don’t have any chase cars as of yesterday. He reiterated Tesla’s plans for owners to be able to add their own vehicles to the Robotaxi fleet. Autonomy target for the end of the year is about a quarter and a half of the United States, Musk said.
News
Tesla announces massive investment into xAI
“On January 16, 2026, Tesla entered into an agreement to invest approximately $2 billion to acquire shares of Series E Preferred Stock of xAI as part of their recent publicly-disclosed financing round,” it said.
Tesla has announced a major development in its ventures outside of electric vehicles, as it confirmed today that it invested $2 billion into xAI on January 16.
The move is significant, as it marks the acquisition of shares of Series E Preferred Stock, executed on market terms alongside other investors. The company officially announced it in its Q4 2025 Shareholder Deck, which was released at market close on Wednesday.
The investment follows shareholder approval in 2025 for potential equity stakes in xAI and echoes SpaceX’s earlier $2 billion contribution to xAI’s $10 billion fundraising round.
Tesla said that, earlier this month, it entered an agreement to invest $2 billion to acquire shares of Series E Preferred Stock of xAI:
“Tesla’s investment was made on market terms consistent with those previously agreed to by other investors in the financing round. As set forth… pic.twitter.com/HgtrcHdB2U
— TESLARATI (@Teslarati) January 28, 2026
CEO Elon Musk, who is behind both companies, is now weaving what appears to be an even tighter ecosystem among his ventures, blending Tesla’s hardware prowess with xAI’s cutting-edge AI models, like Grok.
Tesla confirmed the investment in a statement in its Shareholder Deck:
“On January 16, 2026, Tesla entered into an agreement to invest approximately $2 billion to acquire shares of Series E Preferred Stock of xAI as part of their recent publicly-disclosed financing round. Tesla’s investment was made on market terms consistent with those previously agreed to by other investors in the financing round. As set forth in Master Plan Part IV, Tesla is building products and services that bring AI into the physical world. Meanwhile, xAI is developing leading digital AI products and services, such as its large language model (Grok).”
It continued:
“In that context, and as part of Tesla’s broader strategy under Master Plan Part IV, Tesla and xAI also entered into a framework agreement in connection with the investment. Among other things, the framework agreement builds upon the existing relationship between Tesla and xAI by providing a framework for evaluating potential AI collaborations between the companies. Together, the investment and the related framework agreement are intended to enhance Tesla’s ability to develop and deploy AI products and services into the physical world at scale. This investment is subject to customary regulatory conditions with the expectation to close in Q1’2026.”
The history of the partnership traces back to xAI’s founding in July 2023, as Musk launched the company as a counterweight to dominant AI players like OpenAI and Google.
xAI aimed to “understand the true nature of the universe” through unbiased, truth-seeking AI. Tesla, meanwhile, has long invested in AI for its Full Self-Driving (FSD) software and Optimus robots, training models on vast datasets from its vehicle fleet.
The investment holds profound significance for both companies.
For Tesla, it accelerates its Master Plan Part IV, which envisions AI-driven autonomy in vehicles and humanoid robots. xAI’s Grok could enhance Tesla’s real-world AI applications, from optimizing battery management to predictive maintenance, potentially giving Tesla an edge over its biggest rivals, like Waymo.
Investors, on the other hand, stand to gain from this symbiosis. Tesla Shareholders may see boosted stock value through AI innovations, with analysts projecting enhanced margins and significant future growth in robotics. xAI’s valuation could soar, attracting more capital.
Investor's Corner
Tesla (TSLA) Q4 and FY 2025 earnings results
Tesla’s Q4 and FY 2025 earnings come on the heels of a quarter where the company produced over 434,000 vehicles, delivered over 418,000 vehicles, and deployed 14.2 GWh of energy storage products.
Tesla (NASDAQ:TSLA) has released its Q4 and FY 2025 earnings results in an update letter. The document was posted on the electric vehicle maker’s official Investor Relations website after markets closed today, January 28, 2025.
Tesla’s Q4 and FY 2025 earnings come on the heels of a quarter where the company produced over 434,000 vehicles, delivered over 418,000 vehicles, and deployed 14.2 GWh of energy storage products.
For the Full Year 2025, Tesla produced 1,654,667 and delivered 1,636,129 vehicles. The company also deployed a total of 46.7 GWh worth of energy storage products.
Tesla’s Q4 and FY 2025 results
As could be seen in Tesla’s Q4 and FY 2025 Update Letter, the company posted GAAP EPS of $0.24 and non-GAAP EPS of $0.50 per share in the fourth quarter. Tesla also posted total revenues of $24.901 billion. GAAP net income is also listed at $840 million in Q4.
Analyst consensus for Q4 has Tesla earnings per share falling 38% to $0.45 with revenue declining 4% to $24.74 billion, as per estimates from FactSet. In comparison, the consensus compiled by Tesla last week forecasted $0.44 per share on sales totaling $24.49 billion.
For FY 2025, Tesla posted GAAP EPS of $1.08 and non-GAAP EPS of $1.66 per share. Tesla also posted total revenues of $94.827 billion, which include $69.526 billion from automotive and $12.771 billion from the battery storage business. GAAP net income is also listed at $3.794 billion in FY 2025.
xAI Investment
Tesla entered an agreement to invest approximately $2 billion to acquire Series E preferred shares in Elon Musk’s artificial intelligence startup, xAI, as part of the company’s recently disclosed financing round. Tesla said the investment was made on market terms consistent with those agreed to by other participants in the round.
The investment aligns with Tesla’s strategy under Master Plan Part IV, which centers on bringing artificial intelligence into the physical world through products and services. While Tesla focuses on real-world AI applications, xAI is developing digital AI platforms, including its Grok large language model.
Below is Tesla’s Q4 and FY 2025 update letter.
TSLA-Q4-2025-Update by Simon Alvarez
LIVE BLOG: Tesla (TSLA) Q4 and FY 2025 earnings call
Tesla announces massive investment into xAI
