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Tesla FSD Beta 10.69.3 is coming and its going to be another major update [Editorial]
As the Tesla FSD Beta v10.69.2.3 continues to roll out, Elon Musk teased “major upgrades” coming with v10.69.3.
Elon Musk hinted at some of the upgrades v10.69.3 might introduce to FSD Beta during AI Day 2022. While answering questions from the audience, he mentioned a specific update regarding the car’s ability to assess the velocity of fast-moving traffic. One FSD expert also noted that Tesla plans to release a parking lot stack before the end of the year. He explained that the parking lot stack would enable cars maneuver around a lot and park.
FSD Stack for City Streets and Highways
During the event, Musk also discussed the FSD stack for city streets and highways. Based on his description of the stack, it might still be a few updates away before Tesla releases it to the FSD Beta tester fleet.
“The version of FSD Beta that I drive, actually does have the integrated stack so it uses the FSD stack both in city streets and highway,” Musk shared with the audience during AI Day.
“It works quite well for me but we need to validate it in all kinds of weather, like heavy rain, snow, dust— And just make sure it’s working better than the production stack, you know, across a wide range of environments. But we’re pretty close to that, I mean I think it’s—I don’t know…It’ll definitely be before the end of the year and maybe November,” he added.
FSD Beta 10.69.2.3 Updates
Trusted Tesla update tracker, Teslascope, shared that FSD Beta version 10.69.2.3 is going out to about 8%-10% of testers. The first beta tester reported receiving the latest update last week.
Tesla is expected to release a few minor issues in version 10.69.2.3, similar to version 10.69.2.2. Some issues that testers repeatedly mention are aggressive left turns, speed limit recognition, and some instances of phantom braking. However, lane selection appears to be the biggest issue that beta testers repeatedly mention to Teslarati.
“I experienced a lot of the same issues noted already regarding my S model, trying to stay in the right lane that was ending in a [Casey’s] store,” Beta tester Perry told Teslarati.
Perry is a new Beta tester and started with version 10.69.2.2. He hopes the latest update v.10.69.2.3, corrects some of the issues he has observed.
Tesla FSD Beta Improvements
Over the past few weeks, Teslarati has closely followed the releases of FSD Beta 10.69. Past articles have mostly covered issues testers have mentioned to the publication. However, Tesla FSD Beta testers have also seen improvements in the software.
In the last update, a few Beta testers noticed that their vehicles started avoiding road debris and construction work sites. They also reported fewer instances of phantom braking and a smoother drive.
One tester, Mike, found that FSD does improve with time and when allowed to learn and correct itself.
“[People] aren’t comfortable with entropy, which is essential for learning. The chaos seems to be higher just after the software update and becomes more reliable as time go[es] on,” Mike said.
Elon Musk mentioned that Tesla’s fundamental metric to optimize FSD is the number of miles the vehicle can drive in full autonomy before an intervention “is required that is safety critical.”
Mike mentioned that some people new to FSD might be “unimpressed” with it after only a few tests. Some testers may stop the tests, deeming it unreliable. However, based on Musk’s words, the more people use FSD, the better it will get.
Are you an FSD Beta tester? I’d like to hear your thoughts and experiences with v. 10.69.2.3. Contact me at maria@teslarati.com or via Twitter @Writer_01001101.
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Tesla Cybercab launch is imminent after latest sighting at Giga Texas
Tesla just gave what is perhaps its biggest signal yet that the launch of the Cybercab, its autonomous ride-hailing-geared car, is imminent.
The Cybercab has been spotted outside of Gigafactory Texas in massive numbers over the past few days, with hundreds of units being stored on property just days after the vehicle received a Certificate of Conformity from the EPA.
Today, things were a bit different.
Cybercabs spotted on Giga Texas property today had an addition: a Cybercab decal on the side, reminiscent of the “Robotaxi” ones that were placed on Model Ys just as the company launched its ride-sharing platform about a year ago.
Giga Texas drone operator Joe Tegtmeyer noticed the change today:
Tesla Cybercabs are now getting “Cybercab” logos on the side of them!
Tesla did the same with Model Ys that were given “Robotaxi” logos: https://t.co/DanANtw1m7 pic.twitter.com/FqOhH0S9Ks
— TESLARATI (@Teslarati) June 19, 2026
Tesla could be signaling that the Cybercab is preparing to enter the Robotaxi fleet in the coming weeks or months with this move. It seems more symbolic than anything; Tesla is ready to throw Cybercabs in the ride-hailing platform just as it did with Model Ys last year.
The addition of the Certificate of Conformity awarded to the Cybercab is another major factor working to Tesla’s advantage. The company now has permission from the EPA to allow the vehicle to operate on public roads and enter the chain of commerce. It’s officially street legal.
Tesla Cybercab specs revealed: range, curb weight, range ratings, and more
The big question that remains is whether Tesla will be able to operate the car without a safety monitor, especially considering it plans to put the car out there without a steering wheel or pedals. With the Cybercab only having a seating capacity of two, it is hard to believe Tesla will even consider putting a Safety Monitor in the car.
It did recently self-certify as Level 4 and has the ability to operate driverless vehicles in the State of Texas under a law that took effect on May 28. You can read more about that here:
Tesla’s Robotaxi dreams just took a massive step toward reality
We’d imagine Cybercabs will be on the roads as soon as July, but August will likely be a better estimate of when the car will be entered into the Cybercab fleet. It all depends at where Tesla is, as they’ve truly prioritized safety with the rollout of the Robotaxi platform.
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Elon Musk says this part of Tesla ‘makes no sense’
Elon Musk has publicly questioned Moody’s credit assessments following the rating agency’s decision to assign SpaceX a Baa1 investment-grade rating, two notches above Tesla’s Baa3. The comments came amid discussions comparing the two companies’ financial profiles.
SpaceX earned its first-time Baa1 rating with a stable outlook from Moody’s. The agency highlighted the company’s leadership in orbital launches, the growing recurring revenue from its Starlink satellite network, strong vertical integration, U.S. government contracts, and emerging opportunities in AI infrastructure.
These factors were cited as supporting robust cash flows, margin expansion, and financial flexibility.
Musk responded directly: “Tesla’s credit rating is ridiculously low tbh,” and added, “Yeah, makes no sense. Tesla has over $40B in cash, no debt, and is consistently profitable!” His remarks underscored Tesla’s balance sheet strength and profitability at a time when many traditional automakers continue to report losses in the shift to electric vehicles.
Yeah, makes no sense.
Tesla has over $40B in cash, no debt and is consistently profitable!
— Elon Musk (@elonmusk) June 19, 2026
Tesla maintains a leading position in the global EV market, with diversification into energy and storage, battery technology, and robotics through projects like Optimus. Recent financial updates show the company generated positive free cash flow of $1.4 billion in Q1 2026, supported by operating cash flow of $3.9 billion. Cash and short-term investments stood at approximately $44.7 billion.
Moody’s has affirmed Tesla’s Baa3 issuer rating with a stable outlook in periodic reviews, acknowledging the company’s EV leadership, technology strengths, including AI for autonomous vehicles, solid profitability, and strong liquidity.
Tesla (TSLA) scores Baa3 Moody’s rating for ‘stable’ outlook
However, the agency has also noted challenges in the automotive segment and expectations for margin pressures.
Musk’s critique highlights a common debate about how traditional rating methodologies apply to high-growth, capital-intensive technology companies. SpaceX benefits from long-term government-backed contracts and diversified, recurring revenue streams, while Tesla’s valuation reflects heavy investment in future technologies such as autonomy and robotics.
Both ratings remain investment-grade, yet the one-notch difference has fueled online discussion about potential inconsistencies in evaluating innovative firms.
The exchange comes as SpaceX explores financing options following its recent valuation milestones, while Tesla continues executing on its multi-year roadmap. Musk’s pointed response serves as a reminder that credit ratings, though influential for borrowing costs, represent one lens through which markets assess corporate strength—and that company leaders often view their financial positions through the lens of long-term innovation and cash generation rather than short-term risk metrics alone.
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Tesla Full Self-Driving faces major pushback in Europe
A new report from Reuters claims that a transport authority in Sweden is pushing back against the approval of Tesla’s Full Self-Driving suite because it will travel over speed limits.
The report says the Swedish Transport Administration (TRV) recommends the European Union votes against FSD’s approval. TRV believes it should not be approved until Tesla disables FSD’s ability to speed.
TRV sent a letter to the European Union’s Technical Committee on Motor Vehicles (TCMV), which is set to meet on June 30 to discuss the potential approval of the Tesla FSD suite in the country. Tesla, which has received various approvals in Europe over the past two months, has not provided a comment.
Teslas operating on FSD do travel over the speed limit, depending on the Speed Profile that is chosen. Drivers have the ability to disengage FSD at any point; Tesla specifically states that those supervising the suite are responsible for its actions.
Let’s cut to the chase: humans operating any vehicle speed almost daily in the United States. Realistically, speed limits in the U.S. are more frequently treated as speed minimums. However, other countries are different, and driving behaviors are less aggressive.
TRV believes that “allowing automated systems to systematically exceed legal speed limits…risks undermining both the legal framework and the expected safety benefits of vehicle automation,” the report stated. It’s surprising that Tesla has not received this claim from other countries previously.
This could be a good argument to bring Max Speed back, the setting that previously allowed the driver to choose the absolute fastest the car would travel.
This would still put the responsibility of supervision in the hands of the driver. It would allow the driver to choose whether the car would travel over the speed limit or not, acknowledging that they set the speed, and if they get pulled over, there would be no ability to argue it.
However, it does not seem as if this is something Tesla will do, especially considering many U.S. drivers have requested the feature in an effort to eliminate speeding or at least tone it down. The company has not shown any interest in bringing it back.
Tesla has approvals for FSD in Europe in Estonia, Lithuania, Denmark, the Netherlands, and Belgium.