Release notes for Tesla’s holiday software update were shared earlier this month, including the addition of the High Fidelity Park Assist feature. Some have since shared footage of the feature in action, showing how it works in parking lots and garages as users evaluate its usefulness when trying to park.
Tesla’s holiday update release notes were shared on X earlier this month, where the company first mentioned the new High Fidelity Park Assist mode. Tesla owner Ryan Hoffman, along with others, have shared videos of the feature on X, including one taken in a Supercharger lot on Saturday.
As can be seen in the video, the activated High Fidelity Park Assist mode shows a similar view to the highly requested Birds Eye 360-degree visualization. Hoffman says he drives a 2023 Model 3 RWD with HW3 and the Ryzen chip, meaning the car doesn’t have Ultrasonic Sensors (USS) and utilizes just Tesla Vision.
The video is taken at a Supercharger station, where Hoffman backs into a charging spot. Behind the visualization of the car, you can see an orange and yellow zone, signifying the vehicle’s close proximity to the charging pile. The top-down visualization shows that it recognizes the charging stalls as well as the parking lines on the ground, making it easy to back into the spot without the car ending up crooked.
He also shared a short video of what it looks like to back into the spot, including the actual rear camera’s video footage and the High Fidelity Park Assist view, and calling the feature a “game changer” for parking.
Here’s a short video of what it looked like to reverse into the spot. The lines for each parking spot are very handy… it’s a game changer for parking. pic.twitter.com/47BDBbXw7z
— Ryan Hoffman (@tekmaven) December 16, 2023
Others have shared similar footage of High Fidelity Park Assist, as many have wondered how exactly the feature is activated when being used in a parking lot. According to X user EVBaymax, the feature appears to engage when there is a clearly defined object in front of or around the car, and when users shift into reverse in a parking lot. Still, the current version seems to lack the ability to engage when driving forward, although it probably should have this ability.
In his videos of the feature, you can see the visualization switch on from the regular Autopilot view when reversing in the parking lot, and he also says that speeding up to around 15-20 mph makes the visualization disappear again. He goes on to call the feature “surprisingly accurate” and “definitely helpful,” and he also includes footage using it in a darker, in-garage environment.
Here’s what the switch from Autopilot visualizations to High-Fidelity Park Assist looks like in a parking lot pic.twitter.com/xtx8BylI0W
— kEV (@EVBaymax) December 16, 2023
You can see in the above videos that the feature still requires some prodding to work as desired, though once it’s engaged, it looks to be pretty useful. It does, however, appear to fill the need that many have requested with Birds Eye, 360-degree views, as the top-down visualizer makes it especially easy to see where the vehicle is in relation to other cars, parking lines, and more when parking.
Tesla CEO Elon Musk recently said that the company’s cars will eventually offer a convenient “Tap to Park” feature, in which the vehicle will identify open parking spots and let drivers select on-screen which to use, then letting the driver get out and allow the car to park itself in the selected space. Still, many are awaiting updates like Tesla’s Actually Smart Summon and the automaker only reintroduced its Vision-based Park Assist earlier this year.
Tesla Model 3 Highland owner’s manual confirms Auto Shift out of Park feature
What are your thoughts? Let me know at zach@teslarati.com, find me on X at @zacharyvisconti, or send your tips to us at tips@teslarati.com.
Elon Musk
SpaceX weighs Nasdaq listing as company explores early index entry: report
The company is reportedly seeking early inclusion in the Nasdaq-100 index.
Elon Musk’s SpaceX is reportedly leaning toward listing its shares on the Nasdaq for a potential initial public offering (IPO) that could become the largest in history.
As per a recent report, the company is reportedly seeking early inclusion in the Nasdaq-100 index. The update was reported by Reuters, citing people familiar with the matter.
According to the publication, SpaceX is considering Nasdaq as the venue for its eventual IPO, though the New York Stock Exchange is also competing for the listing. Neither exchange has reportedly been informed of a final decision.
Reuters has previously reported that SpaceX could pursue an IPO as early as June, though the company’s plans could still change.
One of the publication’s sources also suggested that SpaceX is targeting a valuation of about $1.75 trillion for its IPO. At that level, the company would rank among the largest publicly traded firms in the United States by market capitalization.
Nasdaq has proposed a rule change that could accelerate the inclusion of newly listed megacap companies into the Nasdaq-100 index.
Under the proposed “Fast Entry” rule, a newly listed company could qualify for the index in less than a month if its market capitalization ranks among the top 40 companies already included in the Nasdaq-100.
If SpaceX is successful in achieving its target valuation of $1.75 trillion, it would become the sixth-largest company by market value in the United States, at least based on recent share prices.
Newly listed companies typically have to wait up to a year before becoming eligible for major indexes such as the Nasdaq-100 or S&P 500.
Inclusion in a major index can significantly broaden a company’s shareholder base because many institutional investors purchase shares through index-tracking funds.
According to Reuters, Nasdaq’s proposed fast-track rule is partly intended to attract highly valued private companies such as SpaceX, OpenAI, and Anthropic to list on the exchange.
Elon Musk
The Boring Company’s Prufrock-2 emerges after completing new Vegas Loop tunnel
The new tunnel measures 2.28 miles, making it the company’s longest single Vegas Loop tunnel to date.
The Boring Company announced that its Prufrock-2 tunnel boring machine (TBM) has completed another Vegas Loop tunnel in Las Vegas. The company shared the update in a post on social media platform X.
According to The Boring Company’s post, the new tunnel measures 2.28 miles, making it the company’s longest single Vegas Loop tunnel to date.
The new tunnel marks the fourth tunnel constructed near Westgate Las Vegas as the Vegas Loop network continues expanding across the city.
The Boring Company also noted that the new tunnel surpassed its previous internal record of 2.26 miles for a single Vegas Loop segment.
Construction of the tunnel involved moving roughly 68,000 cubic yards of dirt. The excavation process also used about 4.8 miles of continuous conveyor belt, powered by six motors totaling 825 horsepower.
The Boring Company’s Prufrock-series all-electric tunnel boring machines are designed to support the rapid expansion of company’s underground transportation projects, including the growing Vegas Loop network. Prufrock machines are designed for reusability, thanks in no small part to their capability to be deployed and retrieved easily through their “porposing” feature.
The Vegas Loop, specifically the Las Vegas Convention Center (LVCC) Loop segment, has already been used during major events. Most recently, the LVCC Loop supported the 2026 CONEXPO-CON/AGG construction trade show, which was held from March 3-7, 2026.
As per The Boring Company, the LVCC Loop transported roughly 82,000 passengers across the convention center campus during the event’s duration.
CONEXPO-CON/AGG is one of the largest construction trade shows in North America, drawing more than 140,000 construction professionals from 128 countries this year.
The LVCC Loop forms the initial segment of the broader Vegas Loop network, which remains under active development as The Boring Company continues building new tunnels throughout the city.
News
Tesla gathers Cybercab fleet in Gigafactory Texas
Images and video of the Cybercab fleet were shared by longtime Giga Texas observer Joe Tegtmeyer in posts on social media platform X.
Tesla appears to be assembling a growing number of Cybercabs at Gigafactory Texas as preparations continue for the vehicle’s mass production. Recent footage shared online has shown over 30 Cybercabs being transported by trucks or staged near testing areas at the facility.
The images and video were shared by longtime Giga Texas observer and drone operator Joe Tegtmeyer in posts on social media platform X.
Interestingly enough, Tegtmeyer noted that many of the Cybercabs being loaded onto transport trucks were still equipped with steering wheels. This suggests that the vehicles are likely testing units rather than the final driverless configuration expected for the company’s Robotaxi service.
The vehicles could potentially be headed to testing sites across the United States as Tesla prepares to expand its Robotaxi fleet.
Additional footage captured at Gigafactory Texas also showed the Cybercab’s side and rear camera washer system operating as vehicles were being loaded onto transport trucks.
The growing number of Cybercabs at Giga Texas comes amidst the company’s announcement that the first production Cybercab has been produced at the facility. Full Cybercab production is expected to begin in April.
The vehicle is expected to play a central role in Tesla’s Robotaxi ambitions as the company looks to expand autonomous ride-hailing operations beyond its early deployments using Model Y vehicles.
Tesla has also linked Cybercab production to its proposed Unboxed manufacturing process, which assembles large vehicle modules separately before integrating them. The approach is intended to reduce production costs and accelerate output.
Musk has also noted that the Cybercab’s ramp will likely begin slowly due to the number of new components and manufacturing steps involved. However, he stated that once the process matures, Cybercab production could scale quickly.
SpaceX weighs Nasdaq listing as company explores early index entry: report
The Boring Company’s Prufrock-2 emerges after completing new Vegas Loop tunnel
