Musk said he is now writing a blog post with more details about the new Autopilot improvements and coming software updates, and that he will publish the post on Tesla’s website later Wednesday.
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Billionaire entrepreneur Elon Musk says that his electric vehicle company Tesla Motors plans to update its Autopilot software within a few weeks to improve how data from the radar system is processed.
When Tesla flipped the switch and activated its Autopilot software late previous year, it didn’t take long before Model S owners began pushing the software to the absurd limits.
Tesla came under fire earlier this year following a fatal crash in the USA involving a Model S driver using the firm’s Autopilot system.
Critics have been calling for changes to Autopilot since a series of highly publicized crashes, including one fatal one, involving drivers using the feature.
However, we’re still a couple of years far from seeing Tesla’s vision of an all-electric vehicle, granted everything goes according to Elon Musk’s strategy. Since the Model S first went on sale, Tesla has fixed bugs, improved performance and added new features via these free updates, which are sent to the vehicle via its internet connection at night, while it is recharging.
Tesla plans to release an update of its partly automated self-driving system “in a few weeks”, CEO Elon Musk first tweeted on Wednesday. Tesla, however, defended itself claiming that it had issued a warning that drivers should always be watchful and ready to take over when need be. Tesla in the filing reiterated plans to raise more capital this year.
Tesla has received approval to acquire solar panel company SolarCity for $2.6bn, in a move which comes at a financial crossroads for a solar industry, which is facing the prospect of an oversupply of solar panels.
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Aside from the whole Autopilot situation, Tesla Motors wants to raise additional cash this year, so that it could fund the development of the Model 3 Sedan, and complete the construction of the Gigafactory. Lazard, an investment bank, did some analysis to find out the value and advised SolarCity accordingly, but later it was found that there was an error in the analysis, due to which the value of the solar energy company was discounted by $400 million.
