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Tesla is getting closer to achieving full self-driving (Level 4; 5) as shown by the manufacturer's recent progress. “What we’re seeing is certain breakthroughs in AI [are] taking Tesla closer to its goal,” says Cathie Wood.
Tesla continues to make progress with its full self-driving (FSD), which aims to bring fully autonomous driving to cars. At the end of 2020, the company launched FSD Beta, which was more advanced than Autopilot and FSD features it offered to its customers. In the process, the technology has gone through many changes and improvements. One of the biggest was the merger of city and highway driving into a single stack with the release of FSD Beta version 11.
Now, the manufacturer has started using artificial intelligence (AI) to achieve the goal. At this point, testers are still using version 11.7 to ride. However, Elon Musk said that starting from version 12, the “Beta” part will be removed from FSD. This is due to the fact that starting with this version, the technology will become so good that it will be ready to be used by the mass market without additional concerns. Such a breakthrough will be possible thanks to AI.
Speaking with Benzinga, ARK Invest founder Cathie Wood gave her take on Tesla's latest advances in autonomous driving. When asked about FSD V12, she said: “Well, if you received the last software upgrade, you’ll see how much FSD has improved.”
In addition, Wood explained Musk's comment about artificial intelligence. She noted that the Tesla needs large language models to “accomplish this last mile” of FSD development. The investor and analyst also mentioned that data already shows that driving a Tesla with FSD is six times safer than the average car.
“What we’re seeing is certain breakthroughs in AI [are] taking Tesla closer to its goal,” Wood said. She added that Tesla's current safety metrics are based on the information that accidents during which FSD is enabled occur once every 3.2 million miles. This reflects a significant improvement over both Tesla's pre-FSD metrics and the average human driver.
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About the Author
Eva Fox joined Tesmanian in 2019 to cover breaking news as an automotive journalist. The main topics that she covers are clean energy and electric vehicles. As a journalist, Eva is specialized in Tesla and topics related to the work and development of the company.