Tesla enthusiasts are in for an exciting weekend as the latest iteration, FSD Beta 11.4.1, makes its way to customers just in time for a comprehensive weekend test drive. While a limited number of Tesla FSD Beta testers have reported downloading the update version 11.4.1, it's anticipated that Tesla will gradually extend the rollout to a broader pool of Beta testers over the upcoming days.
The release notes for FSD Beta V11.4.1 were revealed to customers prior to their update downloads, hinting at some noteworthy architectural enhancements that are sure to pique the interest of Beta testers. Elon Musk himself noted that this version of FSD Beta is a significant step towards v.12, although the company is reserving the name 'V.12' for an even more substantial FSD Beta update.
Musk commented, "As mentioned earlier, V11.4.1 has major architectural improvements; it’s actually much more than a point release. Should arguably be v12.0, but that's reserved for when FSD is fully AI from video in to control out."
The Q1 Update Letter from Tesla highlighted a remarkable milestone—the FSD Beta has accumulated over 150 million miles on the road, an unprecedented feat within the autonomous driving landscape. Tesla's unwavering belief in an AI-driven approach to autonomy is underpinned by the significance of these miles driven. The accumulation of diverse data sets from FSD Beta testers' journeys is integral to achieving the much-anticipated V.12 milestone.
While recent price cuts have raised concerns among analysts, Tesla remains steadfast in its strategy. During the Q1 2023 earnings call, the automaker revealed a GAAP gross margin of nearly 20%. Despite speculation, Tesla stands by its decision to reduce prices and trim its gross margin. The company remains confident that future margins will be bolstered through the realization of autonomous capabilities.
Elon Musk articulated this stance, stating, "We've taken a view that pushing for higher volumes and a larger fleet is the right choice here versus a lower volume and higher margin. However, we expect our vehicles, over time, will be able to generate significant profit through autonomy."
As FSD Beta 11.4.1 unfolds its potential through real-world testing, Tesla's ongoing commitment to pushing boundaries in autonomous driving continues to shape the future of mobility.
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