Tesla Stock Rises on Apple Watch App Launch and FSD Software Update
Recently, Tesla has been at the forefront of technological advancements, capturing significant attention with its latest developments. On December 2, Tesla's stock saw a notable rise, marking a two-day positive streak. Contributing to this momentum, Tesla announced the upcoming release of a new application designed specifically for the Apple Watch. This app aims to incorporate most functionalities of the existing smartphone app, serving as a versatile key, facilitating access to the trunk, activating climate control, and displaying battery status.
In conjunction with this, Tesla revealed a comprehensive suite of updates, including 18 major and 8 minor enhancements. Noteworthy among these is the ability for users to view and save clips from the dashboard and the Sentinel mode directly to their smartphones for further editing or sharing. Additionally, these updates offer customization options for the Cybertruck's packaging and license plate, alongside setting preferred battery charge levels upon reaching destinations.
Another significant development is the release of Tesla's latest version of its Full Self-Driving (FSD) software, version 13.2. Although slightly delayed past the Thanksgiving promise, this rollout was accomplished within November's end, marking a substantial leap for Tesla’s AI team. Assuming no major issues arise, Tesla plans to extend this software across more vehicles in the coming weeks, with hopes for a widespread update by Christmas.
In a different highlight, Tesla shared progress on its humanoid robot, Optimus. A recent demonstration showcased the robot’s dexterity, notably its ability to catch a tennis ball mid-air, signaling a "milestone achievement" according to Tesla engineers. This display underscores Tesla's ongoing commitment to pioneering in the robot sector, with significant strides in joint module development for the humanoid robot.
Tesla CEO Elon Musk has shared ambitious projections, recently stating the potential for humanoid robots to outnumber humans within the next two decades. By 2025, Tesla aims to operationalize thousands of these robots, with mass production set for 2026. Musk envisions at least 10 billion units in service globally by 2040, with estimated costs between $20,000 and $25,000 per unit.