News
Tesla update 2024.26 introduces Parental Controls with “Night Curfew,” speed limits, and more
Tesla is reportedly rolling out software update 2024.26 to its employees, and as per observations from the electric vehicle community, this particular update seems to include a number of interesting features. Most notable is Parental Controls, which arguably make Teslas the best vehicle for young drivers.
As per Tesla software trackers like Tessie and NotATeslaApp, update 2024.26 is currently rolling out to company employees. Provided that the update’s rollout to employees is successful, 2024.26 would likely be released to the company’s greater fleet of vehicles soon.
A number of features are quite notable in Tesla’s update 2024.26. Parental Controls, for one, include a “Night Curfew” feature that allows parents to receive notifications to their Tesla App when the vehicle is driven past a set curfew. It also allows users to set speed limits, set acceleration restrictions, and activate safety features. Tesla describes its new Parental Control features in 2024.26’s release notes.
“You can now enable Parental Controls with a PIN on your vehicle. Set a maximum speed limit and limit acceleration to Chill. Turn on safety features, such as Speed Limit Warning, Automatic Emergency Braking, and Forward Collision Warning. Configure Night Curfew to receive notifications through your Tesla mobile app when the vehicle is driven past curfew.
“Enable Parental Controls from the vehicle or the Tesla mobile app. Navigate to Controls > Safety > Parental Controls. Follow the instructions on screen and provide a PIN. Drivers can’t disable the controls or change the settings without re-entering the PIN.”
??? Tesla 2024.26 software update has been detected, with a lot of awesome new features!!
✅ YouTube Music
✅ Amazon Music
✅ Parental Control (set maximum speed and acceleration limits, turn on safety features, and configure Night Curfew to get notifications when the vehicle… pic.twitter.com/w9PJyCQetj— Tesla Newswire (@TeslaNewswire) July 3, 2024
While Teslas have long been shipped with Valet Mode, which restricts a car’s speed and acceleration and disables Autopilot and Full Self-Driving (FSD), owners have long requested the EV maker to specifically release a “Teen Driver Mode” of sorts. Back in May, it seemed that the Tesla owners’ requests were being heard, with noted Tesla hacker @greentheonly stating that “restricted” driver profiles seem to be coming in a future update. This update appears to be 2024.26.
Apart from Parental Controls, Tesla’s software update 2024.26 also includes a number of novel features that would most likely be appreciated by electric vehicle owners. Following are the other features that were included in software update 2024.26.
YouTube Music
Listen to over 100 million songs with YouTube Music Premium. Access your Library to see all of your liked and added songs, playlists you created and artists and podcasts you subscribed to.
Requires Premium Connectivity or an active WiFi connection.
Amazon Music
Prime members get access to over 100 million songs in shuffle mode, All-Access playlists, plus the largest catalog of top ad-free podcasts. Upgrade to Amazon Music Unlimited for full, on-demand access.
Requires Premium Connectivity or an active WiFi connection.
Navigate to Sub-Destinations
Now when you enter a navigation destination you can select a sub-destination (such as a specific terminal at the airport) to get more accurate routing details.
Weather Forecast and Air Quality
Your vehicle status bar now shows the local weather conditions alongside the temperature. When air quality is poor, your vehicle also shows an AQI symbol and index value.
Tap the temperature on your touchscreen to see details about your local weather forecast, such as the weather condition, highs and lows of the day, and the chance of rain. Requires Premium Connectivity.
Schedule Charge and Preconditioning
From the redesigned menu or the Tesla mobile app, schedule charging or preconditioning for your vehicle. You can select a location, schedule a one-off, repeat specific times or days of the week, and also control when charging starts and stops.
To schedule your charge and precondition, tap Controls > Schedule.
Other Updates
- The Battle of Polytopia – ∑∫ỹriȱŋ ₼idŋighţ Skin Update – Create graves, build crypts, and summon demons from the graves in the dark forests with the special ∑∫ỹriȱŋ ₼idŋighţ skin.
- Vampire Survivors – “Laborratory” Update – Discover the secrets to dark mysteries with a new character, power-up, achievements, stages, and weapons.
- A redesigned climate panel allows you to select your comfort settings with ease.
- When in Auto, the fan speed may now automatically lower to reduce the sound of ambient noise during a phone call.
- Zoom meetings now default to full-screen when your car is in Park. You can also log in with QR code.
- TeslaMic is now supported in conjunction with availability in the Tesla store.
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News
Wedbush’s Dan Ives sees ‘monster year’ ahead for Tesla amid AI push
In a post on X, the analyst stated that the electric vehicle maker could hit a $3 trillion market cap by the end of 2026 in a bullish scenario.
Wedbush analyst Dan Ives is doubling down on Tesla’s (NASDAQ:TSLA) long-term upside. In a post on X, the analyst stated that the electric vehicle maker could hit a $3 trillion market cap by the end of 2026 in a bullish scenario, thanks to the company’s efforts to develop and push its artificial intelligence programs.
An aggressive valuation upside
Ives, Wedbush’s global head of tech research, stated in his post that Tesla is entering a pivotal period as its autonomy and robotics ambitions move closer to commercialization. He expects Tesla’s market cap to reach $2 trillion in 2026, representing roughly 33% upside from current levels, with a bull case up to a $3 trillion market cap by year-end.
Overall, Ives noted that 2026 could become a “monster year” for TSLA. “Heading into 2026, this marks a monster year ahead for Tesla/Musk as the autonomous and robotics chapter begins. We believe Tesla hits a $2 trillion market cap in 2026 and in a bull case scenario $3 trillion by end of 2026… as the AI chapter takes hold at TSLA,” the analyst wrote.
Ives also reiterated his “Outperform” rating on TSLA stock, as well as his $600 per share price target.
Unsupervised Full-Self Driving tests
Fueling optimism is Tesla’s recent autonomous vehicle testing in Austin, Texas. Over the weekend, at least two Tesla Model Ys were spotted driving on public roads without a safety monitor or any other occupants. CEO Elon Musk later confirmed the footage of one of the vehicles on X, writing in a post that “testing is underway with no occupant in the car.”
It remains unclear whether the vehicle was supported by chase cars or remote monitoring, and Tesla has not disclosed how many vehicles are involved. That being said, Elon Musk stated a week ago that Tesla would be removing its Safety Monitors from its vehicles “within the next three weeks.” Based on the driverless vehicles’ sightings so far, it appears that Musk’s estimate may be right on the mark, at least for now.
News
Production-ready Tesla Cybercab hits showroom floor in San Jose
Tesla has implemented subtle but significant updates to both the Cybercab’s exterior and interior elements.
Tesla has showcased what appears to be a near-production-ready Cybercab at its Santana Row showroom in San Jose, California, giving visitors the closest look yet at the autonomous two-seater’s refined design.
Based on photos of the near-production-ready vehicle, the electric vehicle maker has implemented subtle but significant updates to both the Cybercab’s exterior and interior elements, making the vehicle look more polished and seemingly more comfortable than its prototypes from last year.
Exterior and interior refinements
The updated Cybercab, whose photos were initially shared by Tesla advocate Nic Cruz Patane, now features a new frameless window design, an extended bottom splitter on the front bumper, and a slightly updated rear hatch. It also includes a production-spec front lightbar with integrated headlights, new wheel covers, and a license plate bracket.
Notably, the vehicle now has two windshield wipers instead of the prototype’s single unit, along with powered door struts, seemingly for smoother opening of its butterfly doors. Inside, the Cybercab now sports what appears to be a redesigned dash and door panels, updated carpet material, and slightly refined seat cushions with new center cupholders. Its legroom seems to have gotten slightly larger as well.
Cybercab sightings
Sightings of the updated Cybercab have been abundant in recent months. At the end of October, the Tesla AI team teased some of the autonomous two-seater’s updates after it showed a photo of the vehicle being driven through an In-N-Out drive-through by employees in Halloween costumes. The photos of the Cybercab were fun, but they were significant, with longtime Tesla watchers noting that the company has a tradition of driving its prototypes through the fast food chain’s drive-throughs.
Even at the time, Tesla enthusiasts noticed that the Cybercab had received some design changes, such as segmented DRLs and headlamps, actual turn signals, and a splitter that’s a lot sharper. Larger door openings, which now seem to have been teasing the vehicle’s updated cabin, were also observed at the time.
Investor's Corner
Tesla analyst realizes one big thing about the stock: deliveries are losing importance
Tesla analyst Dan Levy of Barclays realized one big thing about the stock moving into 2026: vehicle deliveries are losing importance.
As a new era of Tesla seems to be on the horizon, the concern about vehicle deliveries and annual growth seems to be fading, at least according to many investors.
Even CEO Elon Musk has implied at times that the automotive side, as a whole, will only make up a small percentage of Tesla’s total valuation, as Optimus and AI begin to shine with importance.
He said in April:
“The future of the company is fundamentally based on large-scale autonomous cars and large-scale and large volume, vast numbers of autonomous humanoid robots.”
Almost all of Tesla’s value long-term will be from AI & robots, both vehicle & humanoid
— Elon Musk (@elonmusk) September 11, 2023
Levy wrote in a note to investors that Tesla’s Q4 delivery figures “likely won’t matter for the stock.” Barclays said in the note that it expects deliveries to be “soft” for the quarter.
In years past, Tesla analysts, investors, and fans were focused on automotive growth.
Cars were truly the biggest thing the stock had to offer: Tesla was a growing automotive company with a lot of prowess in AI and software, but deliveries held the most impact, along with vehicle pricing. These types of things had huge impacts on the stock years ago.
In fact, several large swings occurred because of Tesla either beating or missing delivery estimates:
- January 3, 2022: +13.53%, record deliveries at the time
- January 3, 2023: -12.24%, missed deliveries
- July 2, 2024: +10.20%, beat delivery expectations
- October 3, 2022: -8.61%, sharp miss due to Shanghai factory shutdown
- July 2, 2020: +7.95%, topped low COVID-era expectations with sizeable beat on deliveries
It has become more apparent over the past few quarters that delivery estimates have significantly less focus from investors, who are instead looking for progress in AI, Optimus, Cybercab, and other projects.
These things are the future of the company, and although Tesla will always sell cars, the stock is more impacted by the software the vehicle is running, and not necessarily the vehicle itself.