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 issues statement on Starship V3 Booster 18 anomaly
The incident unfolded during gas-system pressure testing at the company’s Massey facility in Starbase, Texas.
SpaceX has issued an initial statement about Starship Booster 18’s anomaly early Friday. The incident unfolded during gas-system pressure testing at the company’s Massey facility in Starbase, Texas.
SpaceX’s initial comment
As per SpaceX in a post on its official account on social media platform X, Booster 18 was undergoing gas system pressure tests when the anomaly happened. Despite the nature of the incident, the company emphasized that no propellant was loaded, no engines were installed, and personnel were kept at a safe distance from the booster, resulting in zero injuries.
“Booster 18 suffered an anomaly during gas system pressure testing that we were conducting in advance of structural proof testing. No propellant was on the vehicle, and engines were not yet installed. The teams need time to investigate before we are confident of the cause. No one was injured as we maintain a safe distance for personnel during this type of testing. The site remains clear and we are working plans to safely reenter the site,” SpaceX wrote in its post on X.
Incident and aftermath
Livestream footage from LabPadre showed Booster 18’s lower half crumpling around the liquid oxygen tank area at approximately 4:04 a.m. CT. Subsequent images posted by on-site observers revealed extensive deformation across the booster’s lower structure. Needless to say, spaceflight observers have noted that Booster 18 would likely be a complete loss due to its anomaly.
Booster 18 had rolled out only a day earlier and was one of the first vehicles in the Starship V3 program. The V3 series incorporates structural reinforcements and reliability upgrades intended to prepare Starship for rapid-reuse testing and eventual tower-catch operations. Elon Musk has been optimistic about Starship V3, previously noting on X that the spacecraft might be able to complete initial missions to Mars.
Investor's Corner
Tesla analyst maintains $500 PT, says FSD drives better than humans now
The team also met with Tesla leaders for more than an hour to discuss autonomy, chip development, and upcoming deployment plans.
Tesla (NASDAQ:TSLA) received fresh support from Piper Sandler this week after analysts toured the Fremont Factory and tested the company’s latest Full Self-Driving software. The firm reaffirmed its $500 price target, stating that FSD V14 delivered a notably smooth robotaxi demonstration and may already perform at levels comparable to, if not better than, average human drivers.
The team also met with Tesla leaders for more than an hour to discuss autonomy, chip development, and upcoming deployment plans.
Analysts highlight autonomy progress
During more than 75 minutes of focused discussions, analysts reportedly focused on FSD v14’s updates. Piper Sandler’s team pointed to meaningful strides in perception, object handling, and overall ride smoothness during the robotaxi demo.
The visit also included discussions on updates to Tesla’s in-house chip initiatives, its Optimus program, and the growth of the company’s battery storage business. Analysts noted that Tesla continues refining cost structures and capital expenditure expectations, which are key elements in future margin recovery, as noted in a Yahoo Finance report.
Analyst Alexander Potter noted that “we think FSD is a truly impressive product that is (probably) already better at driving than the average American.” This conclusion was strengthened by what he described as a “flawless robotaxi ride to the hotel.”
Street targets diverge on TSLA
While Piper Sandler stands by its $500 target, it is not the highest estimate on the Street. Wedbush, for one, has a $600 per share price target for TSLA stock.
Other institutions have also weighed in on TSLA stock as of late. HSBC reiterated a Reduce rating with a $131 target, citing a gap between earnings fundamentals and the company’s market value. By contrast, TD Cowen maintained a Buy rating and a $509 target, pointing to strong autonomous driving demonstrations in Austin and the pace of software-driven improvements.
Stifel analysts also lifted their price target for Tesla to $508 per share over the company’s ongoing robotaxi and FSD programs.
Elon Musk
SpaceX Starship Version 3 booster crumples in early testing
Photos of the incident’s aftermath suggest that Booster 18 will likely be retired.
SpaceX’s new Starship first-stage booster, Booster 18, suffered major damage early Friday during its first round of testing in Starbase, Texas, just one day after rolling out of the factory.
Based on videos of the incident, the lower section of the rocket booster appeared to crumple during a pressurization test. Photos of the incident’s aftermath suggest that Booster 18 will likely be retired.
Booster test failure
SpaceX began structural and propellant-system verification tests on Booster 18 Thursday night at the Massey’s Test Site, only a few miles from Starbase’s production facilities, as noted in an Ars Technica report. At 4:04 a.m. CT on Friday, a livestream from LabPadre Space captured the booster’s lower half experiencing a sudden destructive event around its liquid oxygen tank section. Post-incident images, shared on X by @StarshipGazer, showed notable deformation in the booster’s lower structure.
Neither SpaceX nor Elon Musk had commented as of Friday morning, but the vehicle’s condition suggests it is likely a complete loss. This is quite unfortunate, as Booster 18 is already part of the Starship V3 program, which includes design fixes and upgrades intended to improve reliability. While SpaceX maintains a rather rapid Starship production line in Starbase, Booster 18 was generally expected to validate the improvements implemented in the V3 program.
Tight deadlines
SpaceX needs Starship boosters and upper stages to begin demonstrating rapid reuse, tower catches, and early operational Starlink missions over the next two years. More critically, NASA’s Artemis program depends on an on-orbit refueling test in the second half of 2026, a requirement for the vehicle’s expected crewed lunar landing around 2028.
While SpaceX is known for diagnosing failures quickly and returning to testing at unmatched speed, losing the newest-generation booster at the very start of its campaign highlights the immense challenge involved in scaling Starship into a reliable, high-cadence launch system. SpaceX, however, is known for getting things done quickly, so it would not be a surprise if the company manages to figure out what happened to Booster 18 in the near future.