Tesla FSD V12 Wide Release Underway, Fog Driving & Robot Taxi Capabilities Coming Soon

Tesla's FSD V12 wide release has started, with plans to reach higher capability by next year, including the ability to drive through fog and potentially achieve true robot taxi capabilities

Questions to inspire discussion

• What is Tesla's FSD V12?

  —Tesla's Full Self-Driving version 12 is a new end-to-end neural network that allows the system to teach itself and learn on its own, with plans to reach higher levels of capability by next year.

• How is Tesla deploying FSD V12?

  —Tesla has started the wide release of FSD V12, with 15,000 personally owned employee vehicles receiving the update in wave one, and plans for public release soon.

• What are the future capabilities of FSD V12?

  —Elon Musk mentioned that Tesla's Full Self-Driving version 12 will have continuous updates and dynamic learning, leading to the eventual release of real robot taxi capability within one to two years.

• What is the potential impact on Model 3 sales?

  —Deep Water Management predicts that Tesla should focus on selling the upcoming lower-priced compact car to continue growing Model 3 sales, as EV sales are expected to remain low.

• What is the market outlook for Tesla and EVs?

  —Tesla is expected to maintain or increase its market share in the US EV market in 2024 due to traditional car makers slowing their investments and no expected invasion by China or Europe. 

Key Insights

• 🚗 Tesla's full self-driving version 12 is seen as a needed step change in end-to-end neural network autonomy capability that has the ability to teach itself.
• 🌍 Version 12 will be able to dynamically learn and be updated on the fly, leading to a continuous release cycle and real robot Taxi capability.
• 🧠 Version 12 of Tesla FSD is an end-to-end neural network, teaching itself and learning on its own, without the need for in-car learning.
• 🚗 Many believe that Tesla's FSD V12 is the path towards true robot taxi.
• 🔄 The dynamic updating in Tesla FSD V12 will bring a step change in what happens, no longer relying on periodic updates.
• 🚗 The market for a smaller car is gigantic, many times larger than the market for a full-size car.
• 🌍 The speaker believes that Tesla will increase its market share in the United States in 2024, with traditional auto manufacturers pulling back and no invasion from China or Europe into the EV space.
• 📉 The secular decline of ice car sales has begun, with a significant continued decline over time, especially in the truck space due to the Cybertruck and Rivian. 

#Tesla #Investment 

Clips

• 00:00 🚗 Tesla's FSD V12 is being deployed to 15,000 employee vehicles, undergoing extra testing, and Elon Musk predicts staying quiet on Robo taxi to avoid slowing sales.
  • Tesla's full self-driving version 12 is being actively deployed to 15,000 Tesla employee vehicles, with Elon Musk mentioning extra testing due to its new architecture, and a prediction that Tesla will need to stay quiet on Robo taxi to avoid slowing down sales.
  • Tesla has released version 12 of its Full Self-Driving software to 15,000 personally owned employee vehicles in wave one of the wide release, with Elon Musk stating that it is already in a lot of cars but undergoing extra testing due to its new architecture.
• 02:02 🚗 Tesla's FSD V12 wide release has started, with continuous updates and dynamic learning leading to eventual real robot taxi capability within one to two years.
  • Tesla's FSD V12 has started wide release, with some areas needing more training, but overall it's very exciting and a significant moment.
  • Elon Musk mentioned that Tesla's Full Self-Driving version 12 will have continuous updates and dynamic learning, leading to the eventual release of real robot taxi capability within one to two years.
• 04:40 🚗 Tesla's FSD V12 wide release has started, with plans to reach higher capability by next year, including the ability to drive through fog and potentially achieve true robot taxi capabilities.
  • Tesla's FSD V12 is a new end-to-end neural network that allows the system to teach itself and learn on its own, with plans to reach higher levels of capability by August next year.
  • Tesla has started the wide release of FSD V12, which many believe is a step towards true robot taxi capabilities, but it may need exposure to high precipitation areas to fully understand.
  • The Anan neural network can recognize and drive through fog, and the training process is now a true flywheel with a huge amount of automation.
• 07:35 🚗 Tesla FSD V12 released to employees, soon available to public with dynamic updates; focus on selling lower-priced compact car to grow Model 3 sales as EV sales remain low.
  • Tesla FSD V12 is being released to employees and will soon be available to the public, with dynamic updates and significant changes expected.
  • Deep Water Management predicts that Tesla should stay quiet on Robo taxi and focus on selling the upcoming lower-priced compact car to continue growing Model 3 sales, as EV sales are expected to remain low.
• 09:36 🚗 Tesla plans to manufacture a new vehicle at Giga Texas and Mexico due to high demand, with potential impact on Model 3 sales.
  • Tesla is planning to manufacture a new vehicle at Giga Texas and ultimately in Mexico due to the high volume needed.
  • The market for smaller cars is large, and the Model 3 may suffer from battery source issues, but the next generation car is coming with hopeful predictions for minimal impact on Model 3 sales.
• 12:02 🚗 Tesla is considering a compact car under $25,000 and discussing potential for robotaxi use on their NextGen platform.
  • The compact car will not have crossover segmentation with the model 3 and will be utilitarian in order to be under $25,000.
  • Tesla is discussing the potential for robotaxi use on their NextGen platform, which will accommodate both compact cars and robotaxis, but they are separate vehicles.
• 13:52 🚗 Tesla predicted to maintain or increase market share in US EV market in 2024, with significant growth expected from new models, while ice car sales decline and EV market share increases.
  • Tesla is predicted to maintain or increase its market share in the US EV market in 2024 due to traditional car makers slowing their investments and no expected invasion by China or Europe.
  • Tesla is expected to see significant growth in market share with the release of new models, but EV growth may slow in 2024 before rebounding in 2025.
  • Ice car sales are declining, especially in Western countries, while the market share of electric vehicles is increasing, with Tesla expected to benefit from this trend.
• 17:20 🚗 Tesla FSD V12 Wave 1 wide release started, follow Larry on X Tesla for comprehensive Tesla investor resources.

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