Tesla’s Full Self-Driving suite is set to receive a new update next week that will provide “fundamental improvements, both important bug fixes & entire new areas of functionality,” CEO Elon Musk said. The Tesla frontman also stated that if the update provides positive feedback, it will widen the Beta test group, giving more cars the FSD capability.
After @TeslaOwnersSV released another video of his Model X, equipped with the FSD Beta and Software version 2029.44.10.2, handling scenarios with fewer disengagements, Musk stated that owners should still remain super cautious. He then gave details on next week’s update, which will improve performance.
Musk said:
“Next week’s release is special. Lot of fundamental improvements, both important bug fixes & entire new areas of functionality.”
Next week’s release is special. Lot of fundamental improvements, both important bug fixes & entire new areas of functionality.
— Elon Musk (@elonmusk) November 19, 2020
Tesla has worked very hard on its Self-Driving characteristics for several years and finally released a “zero-intervention” version of FSD in October. The group with access to the functionality is a small group, many of which are popular among the community.
The small testing sample was a precautionary measure taken by Tesla, who stated that the FSD Beta would be extremely cautious and timid in its early versions. Like many of its other FSD suite releases, the features were slow and extremely careful and became more confident with more use. The FSD Beta was no different.
With many of the FSD Beta testers sharing their experiences through video and other forms of postings, improvements have been made thanks to its use of the Neural Network. As good results are being displayed daily by members of the Beta testing group, Tesla is now considering widening the group by giving more vehicles access to the functionality.
Elon Musk stated during the Q3 2020 Earnings Call that the company planned to wide-release the FSD Beta by the end of the year, as long as improvements and progress continue to go according to plan.
Musk said, “Regarding the Full Self-Driving beta release. The Autopilot team, again, just a really all-star team. I spent a lot of time with the Autopilot team. And there’s a lot of really talented people in that team who’ve worked incredibly hard to make the — to get the beta release out…we put it out there last night, and then we’ll see how it goes and then probably release it to more people this weekend or early next week. And then just gradually step it up until we have, hopefully, a wide release by the end of this year.”
Now, Musk says that if things go well after the software update next week, more drivers will have access to the FSD Beta.
If next week’s release looks good, we will widen beta
— Elon Musk (@elonmusk) November 19, 2020
With Tesla focusing on improving the FSD Beta, the future of self-driving cars is closer than ever before. The increased performance is evident through the numerous examples that the testing group has posted over the past month. However, Tesla’s FSD suite will improve even more when the company releases its Dojo Supercomputer sometime next year, aiming to eliminate driver interventions through a series of ultra-accurate training methods.
News
Tesla Europe rolls out FSD ride-alongs in the Netherlands’ holiday campaign
The festive event series comes amid Tesla’s ongoing push for regulatory approval of FSD across Europe.
Tesla Europe has announced that its “Future Holidays” campaign will feature Full Self-Driving (Supervised) ride-along experiences in the Netherlands.
The festive event series comes amid Tesla’s ongoing push for regulatory approval of FSD across Europe.
The Holiday program was announced by Tesla Europe & Middle East in a post on X. “Come get in the spirit with us. Featuring Caraoke, FSD Supervised ride-along experiences, holiday light shows with our S3XY lineup & more,” the company wrote in its post on X.
Per the program’s official website, fun activities will include Caraoke sessions and light shows with the S3XY vehicle lineup. It appears that Optimus will also be making an appearance at the events. Tesla even noted that the humanoid robot will be in “full party spirit,” so things might indeed be quite fun.
“This season, we’re introducing you to the fun of the future. Register for our holiday events to meet our robots, see if you can spot the Bot to win prizes, and check out our selection of exclusive merchandise and limited-edition gifts. Discover Tesla activities near you and discover what makes the future so festive,” Tesla wrote on its official website.
This announcement aligns with Tesla’s accelerating FSD efforts in Europe, where supervised ride-alongs could help demonstrate the tech to regulators and customers. The Netherlands, with its urban traffic and progressive EV policies, could serve as an ideal and valuable testing ground for FSD.
Tesla is currently hard at work pushing for the rollout of FSD to several European countries. Tesla has received approval to operate 19 FSD test vehicles on Spain’s roads, though this number could increase as the program develops. As per the Dirección General de Tráfico (DGT), Tesla would be able to operate its FSD fleet on any national route across Spain. Recent job openings also hint at Tesla starting FSD tests in Austria. Apart from this, the company is also holding FSD demonstrations in Germany, France, and Italy.
News
Tesla sees sharp November rebound in China as Model Y demand surges
New data from the China Passenger Car Association (CPCA) shows a 9.95% year-on-year increase and a 40.98% jump month-over-month.
Tesla’s sales momentum in China strengthened in November, with wholesale volumes rising to 86,700 units, reversing a slowdown seen in October.
New data from the China Passenger Car Association (CPCA) shows a 9.95% year-on-year increase and a 40.98% jump month-over-month. This was partly driven by tightened delivery windows, targeted marketing, and buyers moving to secure vehicles before changes to national purchase tax incentives take effect.
Tesla’s November rebound coincided with a noticeable spike in Model Y interest across China. Delivery wait times extended multiple times over the month, jumping from an initial 2–5 weeks to estimated handovers in January and February 2026 for most five-seat variants. Only the six-seat Model Y L kept its 4–8 week estimated delivery timeframe.
The company amplified these delivery updates across its Chinese social media channels, urging buyers to lock in orders early to secure 2025 delivery slots and preserve eligibility for current purchase tax incentives, as noted in a CNEV Post report. Tesla also highlighted that new inventory-built Model Y units were available for customers seeking guaranteed handovers before December 31.
This combination of urgency marketing and genuine supply-demand pressure seemed to have helped boost November’s volumes, stabilizing what had been a year marked by several months of year-over-year declines.
For the January–November period, Tesla China recorded 754,561 wholesale units, an 8.30% decline compared to the same period last year. The company’s Shanghai Gigafactory continues to operate as both a domestic production base and a major global export hub, building the Model 3 and Model Y for markets across Asia, Europe, and the Middle East, among other territories.
Investor's Corner
Tesla bear gets blunt with beliefs over company valuation
Tesla bear Michael Burry got blunt with his beliefs over the company’s valuation, which he called “ridiculously overvalued” in a newsletter to subscribers this past weekend.
“Tesla’s market capitalization is ridiculously overvalued today and has been for a good long time,” Burry, who was the inspiration for the movie The Big Short, and was portrayed by Christian Bale.
Burry went on to say, “As an aside, the Elon cult was all-in on electric cars until competition showed up, then all-in on autonomous driving until competition showed up, and now is all-in on robots — until competition shows up.”
Tesla bear Michael Burry ditches bet against $TSLA, says ‘media inflated’ the situation
For a long time, Burry has been skeptical of Tesla, its stock, and its CEO, Elon Musk, even placing a $530 million bet against shares several years ago. Eventually, Burry’s short position extended to other supporters of the company, including ARK Invest.
Tesla has long drawn skepticism from investors and more traditional analysts, who believe its valuation is overblown. However, the company is not traded as a traditional stock, something that other Wall Street firms have recognized.
While many believe the company has some serious pull as an automaker, an identity that helped it reach the valuation it has, Tesla has more than transformed into a robotics, AI, and self-driving play, pulling itself into the realm of some of the most recognizable stocks in tech.
Burry’s Scion Asset Management has put its money where its mouth is against Tesla stock on several occasions, but the firm has not yielded positive results, as shares have increased in value since 2020 by over 115 percent. The firm closed in May.
In 2020, it launched its short position, but by October 2021, it had ditched that position.
Tesla has had a tumultuous year on Wall Street, dipping significantly to around the $220 mark at one point. However, it rebounded significantly in September, climbing back up to the $400 region, as it currently trades at around $430.
It closed at $430.14 on Monday.
