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.
Elon Musk
Tesla CEO Elon Musk reminds everyone about Roadster’s true meaning
Tesla CEO Elon Musk took to his social media platform X on Sunday to remind everyone that the Roadster’s true meaning is not about company growth or adding dollars to shareholders’ pockets. Sometimes, you just do things because you can.
Following the Roadster’s epic unveiling event last Thursday, skeptics and critics of the company or the project itself came out to say that the vehicle is a pointless project because it is not geared toward growing the company, delivering supreme margins for profitability, nor does it contribute to the big picture of Artificial/Super Intelligence.
But that’s just the thing: Roadster is not meant to be some shareholder dream; it’s meant to be a vehicle that people buy just because it is something awesome, unique, and the first of its kind.
Tesla Roadster: Three configs, one can fly, 0-60 in 0.8 seconds
Musk had to remind those who are skeptical about the Roadster’s importance to the company mission that while it is not a major contributor to Tesla’s long-term goals, it is something that is being built just because it can be:
“Optimus and Cybercab will be the vast majority of Tesla’s value. The only things that will scale to incredible size (K2 and beyond) economically are super intelligence, robots, solar power, and mass to space. And, of course, if you have the first two, the rest will follow. But Roadster is super cool, so we’re doing it anyway.”
Musk has said on many occasions that Optimus would be the project that would make up the vast majority of Tesla’s value in the coming years.
Robotics will be a major focus of Tesla over the coming years, especially as Musk believes Optimus will enable work to be optional for humans and will enable what he calls “High Universal Income.”
Optimus and Cybercab will be the vast majority of Tesla’s value.
The only things that will scale to incredible size (K2 and beyond) economically are super intelligence, robots, solar power and mass to space.
And, of course, if you have the first two, the rest will follow.
But Roadster is super cool, so we’re doing it anyway.
— Elon Musk (@elonmusk) October 18, 2026
Cybercab will be a passive income opportunity for owners, Musk and Tesla have said for a very long time, as a fleet of self-driving vehicles will operate within a ride-hailing Robotaxi service that won’t require a human driver to be present.
Tesla investors are more than enthusiastic about the company’s future projects, at least from a general consensus perspective. However, it is important to note that the Roadster is a fun and cool project that pushes the boundaries of what people thought was possible for an automobile.
What we saw last week was the first true example of a flying car, and despite the backlash about how it might not contribute to Tesla’s grand ambitions, it’s okay to have fun sometimes, too.
Investor's Corner
SpaceX’s biggest earnings test yet lands Tuesday, and Tesla shareholders should be watching
SpaceX reports earnings Tuesday as Wall Street watches AI spending, Starlink growth and Tesla merger
SpaceX reports third quarter results after the market closes Tuesday, with a webcast at 4:30 p.m. ET streamed on X, and Tesla follows a day later. Bloomberg consensus, cited by Pepperstone, calls for revenue of $12.89 billion, adjusted EBITDA of $6.62 billion and adjusted EPS near $0.15. That would be about 65% growth from the second quarter and SpaceX’s first profitable quarter since its IPO. Analysts expect roughly $6.4 billion from AI and $4.9 billion from Starlink, which is projected to reach 14.3 million consumer subscribers. Capital spending is forecast at $19.6 billion, leaving free cash flow near negative $11.6 billion.
The numbers matter because SpaceX has spent months trying to win over a skeptical market. It priced its record IPO at $135, spiked to $225.64, then sank near $105 in early August. Friday’s close of $146.03 sits about 28% below the June high. The Q2 report beat on revenue at $7.8 billion and put Starlink at 12 million subscribers, but $18.4 billion of capex hurt the stock. Since then SpaceX reached orbit on Starship Flight 14 with 26 Starlink V3 satellites, agreed to buy 800 MHz spectrum for about $8 billion as part of its Starlink Mobile push, and signed a fourth compute hosting deal in four months worth roughly $13 billion a year from December. Management is targeting more than 2 gigawatts of compute by year end and a $100 billion annualized revenue run rate. Evercore ISI, which raised its target to $275, said the quarter may be judged more on those targets than the reported figures
All of this sits under the Tesla merger question. Barclays analyst Dan Levy expects an all stock deal in which SpaceX buys Tesla at a premium, using reference values of $2.1 trillion and $1.5 trillion, and said an announcement would need to come by late October or early November to be voted on at Tesla’s December 6 annual meeting. Barclays estimates Musk would hold about 37% of the combined company and 56% of the votes. Musk said in July that combining companies cannot be discussed on an earnings call, but an investor question asking when SpaceX will merge with Tesla is sitting on SpaceX’s Q&A platform, and Teslarati has tracked how the Roadster demo revived the talk.
If a deal happens, Tuesday’s result would effectively set the price Tesla holders would receive. Their shares would convert into SpaceX stock, along with exposure to a company with a heavy investment on AI, while Tesla itself expects 2026 capex above $25 billion. A strong quarter and calmer spending would make that exchange easier to sell. Another round of heavy capex and a falling stock would make it harder.
News
SpaceX’s Gwynne Shotwell just made a quiet gesture toward Tesla
SpaceX president Gwynne Shotwell quietly followed Tesla on X, and merger watchers noticed right away.
SpaceX President and COO Gwynne Shotwell has started following Tesla’s official account on X, a small change that landed in the middle of a very loud merger conversation. Whole Mars Catalog joked about it on Sunday.
A follow is not an announcement, and neither company has said anything about a deal. What gives the moment weight is the timing. Barclays analyst Dan Levy has told clients that an agreement could come before Tesla’s annual meeting, which must be held by December 6, with SpaceX as the buyer in an all stock deal, as we reported after the Roadster unveiling. Wedbush’s Dan Ives has stuck with a 2027 timeline.
“Shit, I better start following their X account if i’m gonna be helping run the company”
— Whole Mars Catalog (@wholemars) October 18, 2026
Shotwell is the executive most worth watching if the two companies do move closer. When Musk was asked at the All In Summit why Tesla and SpaceX remain separate, Shotwell sat next to him and said SpaceX personnel had already moved into xAI to fill leadership and engineering gaps. The businesses were integrating “faster than I thought,” she said, though “not fully integrated yet.” Her responsibilities have also grown since SpaceX absorbed xAI, and she now oversees operations that include Grok and the company’s AI compute buildout.
The financial links are already there. Tesla’s $2 billion xAI investment turned into a stake of less than one percent in SpaceX, the two share the Terafab chip project in Austin, and Musk exercised his 2018 Tesla options a week after SpaceX began trading, a sequence analysts flagged as giving SpaceX public shares to use in a deal. Musk holds about 20 percent of Tesla and controls 85.1 percent of SpaceX’s voting power, according to our earlier breakdown.
The next test is close at hand. SpaceX reports its second earnings as a public company on Tuesday after the close, and Tesla follows on Wednesday. Musk told analysts in July that “we can’t talk about combining companies and that kind of thing on an earnings call,” so a direct answer is unlikely from either stage. Tesla shareholders can still submit and vote on questions through the Say portal until 4 p.m. EDT on Monday, and the merger is a recurring theme in the queue.