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In the realm of technology, Tesla reported substantial advancements in its full self-driving (FSD) capabilities. The company's AI training capacity increased by 400%, and they noted a significant uptick in supervised full self-driving miles driven, reaching 3 billion miles. This progress raises hopes for the future of unsupervised FSD, which could open doors to a lucrative robo-taxi business, potentially valued in the trillions.
As for the Cybertruck, demand appears strong, and the company is expected to introduce a more affordable compact EV model, known as Model 2, in 2025. These developments aim to tackle accessibility issues, a key weakness for Tesla, by targeting a new market segment.