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Tesla’s V11 Software Update and Elon Musk’s ‘Yes’ Tweets

(PHOTO: AUSTIN SELLERS VIA YOUTUBE)

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Tesla has released its last three major software overhauls in September and October of 2016, 2018, and 2019 with the V8, V9, and V10 updates. With each of the new software editions, Tesla has added many new features and accessibility options to make for a more well-rounded ownership experience for drivers.

With Tesla CEO Elon Musk confirming several new features to its vehicles on Twitter, some have not yet made their way to V10 updates. This hints that they could be included in Tesla’s V11 Software Update, which was recently discussed in a video with owner-enthusiast and tech YouTuber Ben Sullins.

https://twitter.com/BenSullins/status/1318596916666511360

Sullins compiled a few examples of features that owners have requested, and Elon Musk has confirmed, but have not yet been added to the company’s vehicles. Because of this, Ben believes they could be added to Tesla’s V11 Software Update based on the timing that the previous three overhauls have been released to the public.

Vector-Space Bird’s Eye View

On October 3rd, Twitter account @TeslaOwnersSV requested that Tesla’s Driving Visualization be capable of a new “Birdseye view” feature that would give owners a perspective above their car. This would essentially give drivers a 360-degree view from above the vehicle, allowing for a full-scale indication of what surrounds their vehicle. Sullins mentions that this feature is available in the Porsche Taycan. Many Tesla owners would likely benefit from the addition of the view, simply because of the benefits of a wide-range perspective.

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Enlarged Side Cameras for Backing Up

@ThatT3slaGuy requested that the side cameras could be enlarged while backing up, which could provide drivers with more confidence when in reverse. A single-camera setup, which only provides a view of what is directly behind the vehicle, can prove problematic in tight parking spaces where the driver’s point of view is limited. Musk confirmed that this feature would be “coming soon” on October 1st, but it has yet to be released.

GPS Waypoints

Musk has always been a firm believer in Tesla’s GPS. When owners repeatedly requested the addition of Waypoints, he denied it time and time again. However, on September 21st, Musk finally gave owners who have been seeking the feature a glimpse of hope when he said, “Fine, we’ll do it already,” after @Model3Owners asked one final time. The addition of GPS Waypoints will give owners full customization of which route they would like to take on a trip, making for the perfect road trip.

Blind Spot Warnings/Side Repeater View with Turn Signal

Another use of the Side Repeater Cameras could be used as a Blind Spot Warning feature. @AusTeslaOwners gave Musk the idea to have the Repeater Cameras show full-screen images of what is beside the vehicle when traveling. If the driver were to be on a highway and looking to move into a lane to their left, the left turn signal would be activated, and the left-side camera would also activate and be displayed on the dash screen.

Video Conferencing inside of a Tesla

This request was also made by @TeslaOwnersSV in May. The interior cabin-facing camera that is included in the Model 3 and Model Y would allow owners to set up video conferencing from inside the vehicle. Musk stated, “Yeah, definitely a future feature,” but it has also not been added yet. Sullins believes this could be another addition to V11.

Interior Camera Activation with Sentry Mode during a break-in

@Model3Owners also suggested that the interior camera be activated during a break-in. This feature makes a lot of sense, especially if a thief is successful during their attempt to enter a Tesla. It could make the pursuit of the criminal much easier for law enforcement.

Sullins’ full video on what is coming with Tesla’s V11 Software Update is available below. Be sure to subscribe to his YouTube channel, or follow him on Twitter @BenSullins.

Joey has been a journalist covering electric mobility at TESLARATI since August 2019. In his spare time, Joey is playing golf, watching MMA, or cheering on any of his favorite sports teams, including the Baltimore Ravens and Orioles, Miami Heat, Washington Capitals, and Penn State Nittany Lions. You can get in touch with joey at joey@teslarati.com. He is also on X @KlenderJoey. If you're looking for great Tesla accessories, check out shop.teslarati.com

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Investor's Corner

Tesla stock closes at all-time high on heels of Robotaxi progress

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Credit: Tesla

Tesla stock (NASDAQ: TSLA) closed at an all-time high on Tuesday, jumping over 3 percent during the day and finishing at $489.88.

The price beats the previous record close, which was $479.86.

Shares have had a crazy year, dipping more than 40 percent from the start of the year. The stock then started to recover once again around late April, when its price started to climb back up from the low $200 level.

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This week, Tesla started to climb toward its highest levels ever, as it was revealed on Sunday that the company was testing driverless Robotaxis in Austin. The spike in value pushed the company’s valuation to $1.63 trillion.

Tesla Robotaxi goes driverless as Musk confirms Safety Monitor removal testing

It is the seventh-most valuable company on the market currently, trailing Nvidia, Apple, Alphabet (Google), Microsoft, Amazon, and Meta.

Shares closed up $14.57 today, up over 3 percent.

The stock has gone through a lot this year, as previously mentioned. Shares tumbled in Q1 due to CEO Elon Musk’s involvement with the Department of Government Efficiency (DOGE), which pulled his attention away from his companies and left a major overhang on their valuations.

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However, things started to rebound halfway through the year, and as the government started to phase out the $7,500 tax credit, demand spiked as consumers tried to take advantage of it.

Q3 deliveries were the highest in company history, and Tesla responded to the loss of the tax credit with the launch of the Model 3 and Model Y Standard.

Additionally, analysts have announced high expectations this week for the company on Wall Street as Robotaxi continues to be the focus. With autonomy within Tesla’s sights, things are moving in the direction of Robotaxi being a major catalyst for growth on the Street in the coming year.

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Elon Musk

Tesla needs to come through on this one Robotaxi metric, analyst says

“We think the key focus from here will be how fast Tesla can scale driverless operations (including if Tesla’s approach to software/hardware allows it to scale significantly faster than competitors, as the company has argued), and on profitability.”

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Tesla needs to come through on this one Robotaxi metric, Mark Delaney of Goldman Sachs says.

Tesla is in the process of rolling out its Robotaxi platform to areas outside of Austin and the California Bay Area. It has plans to launch in five additional cities, including Houston, Dallas, Miami, Las Vegas, and Phoenix.

However, the company’s expansion is not what the focus needs to be, according to Delaney. It’s the speed of deployment.

The analyst said:

“We think the key focus from here will be how fast Tesla can scale driverless operations (including if Tesla’s approach to software/hardware allows it to scale significantly faster than competitors, as the company has argued), and on profitability.”

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Profitability will come as the Robotaxi fleet expands. Making that money will be dependent on when Tesla can initiate rides in more areas, giving more customers access to the program.

There are some additional things that the company needs to make happen ahead of the major Robotaxi expansion, one of those things is launching driverless rides in Austin, the first city in which it launched the program.

This week, Tesla started testing driverless Robotaxi rides in Austin, as two different Model Y units were spotted with no occupants, a huge step in the company’s plans for the ride-sharing platform.

Tesla Robotaxi goes driverless as Musk confirms Safety Monitor removal testing

CEO Elon Musk has been hoping to remove Safety Monitors from Robotaxis in Austin for several months, first mentioning the plan to have them out by the end of 2025 in September. He confirmed on Sunday that Tesla had officially removed vehicle occupants and started testing truly unsupervised rides.

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Although Safety Monitors in Austin have been sitting in the passenger’s seat, they have still had the ability to override things in case of an emergency. After all, the ultimate goal was safety and avoiding any accidents or injuries.

Goldman Sachs reiterated its ‘Neutral’ rating and its $400 price target. Delaney said, “Tesla is making progress with its autonomous technology,” and recent developments make it evident that this is true.

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Investor's Corner

Tesla gets bold Robotaxi prediction from Wall Street firm

Last week, Andrew Percoco took over Tesla analysis for Morgan Stanley from Adam Jonas, who covered the stock for years. Percoco seems to be less optimistic and bullish on Tesla shares, while still being fair and balanced in his analysis.

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Credit: Tesla

Tesla (NASDAQ: TSLA) received a bold Robotaxi prediction from Morgan Stanley, which anticipates a dramatic increase in the size of the company’s autonomous ride-hailing suite in the coming years.

Last week, Andrew Percoco took over Tesla analysis for Morgan Stanley from Adam Jonas, who covered the stock for years. Percoco seems to be less optimistic and bullish on Tesla shares, while still being fair and balanced in his analysis.

Percoco dug into the Robotaxi fleet and its expansion in the coming years in his latest note, released on Tuesday. The firm expects Tesla to increase the Robotaxi fleet size to 1,000 vehicles in 2026. However, that’s small-scale compared to what they expect from Tesla in a decade.

Tesla expands Robotaxi app access once again, this time on a global scale

By 2035, Morgan Stanley believes there will be one million Robotaxis on the road across multiple cities, a major jump and a considerable fleet size. We assume this means the fleet of vehicles Tesla will operate internally, and not including passenger-owned vehicles that could be added through software updates.

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He also listed three specific catalysts that investors should pay attention to, as these will represent the company being on track to achieve its Robotaxi dreams:

  1. Opening Robotaxi to the public without a Safety Monitor. Timing is unclear, but it appears that Tesla is getting closer by the day.
  2. Improvement in safety metrics without the Safety Monitor. Tesla’s ability to improve its safety metrics as it scales miles driven without the Safety Monitor is imperative as it looks to scale in new states and cities in 2026.
  3. Cybercab start of production, targeted for April 2026. Tesla’s Cybercab is a purpose-built vehicle (no steering wheel or pedals, only two seats) that is expected to be produced through its state-of-the-art unboxed manufacturing process, offering further cost reductions and thus accelerating adoption over time.

Robotaxi stands to be one of Tesla’s most significant revenue contributors, especially as the company plans to continue expanding its ride-hailing service across the world in the coming years.

Its current deployment strategy is controlled and conservative to avoid any drastic and potentially program-ruining incidents.

So far, the program, which is active in Austin and the California Bay Area, has been widely successful.

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