Shulou(Shulou.com)11/24 Report--

Thanks to CTOnews.com net friend South China Wu Yanzu, Xiao Zhan cut the clue delivery! CTOnews.com Tesla CEO Musk said Wednesday that Tesla may launch fully autonomous driving (FSD) technology this year, and that the technology will bring considerable profits, offsetting some of the profit pressure caused by sharp price cuts.

Musk said: "I hesitate to say this, but I think we will launch this year. CTOnews.com has found that Musk has set a target time for achieving autonomous driving capability many times before, but none of them have been achieved.

Tesla currently calls its FSD software beta, Musk said,"There are two steps forward and one step back between each release, but the trend is very clear, that is, toward full autonomy." "

The technology has attracted legal and regulatory attention because of a number of accidents. Tesla says the technology doesn't make cars fully autonomous and requires driver supervision.

Tesla CFO Zachary Kirkhorn said first-quarter car margins were impacted not only by price cuts but also by delayed revenue from FSD software,"which should be recognized once the software has progressed. Kirkhorn did not elaborate.

Guidehouse Insights analyst Sam Abuelsamid said Tesla is making some changes to the car's hardware, which temporarily makes some new cars unable to use some FSD features.

Tesla sells FSD software as an optional feature for up to $15,000. Late last year, Tesla eliminated ultrasonic sensors on Model 3 and Model Y models and said some features such as "Smart Call" and "Auto Parking" would be temporarily unavailable.

"We do have this unique strategic advantage," Musk said,"and we're building a car that, if autonomous driving can be achieved, will be much more valuable in the future than it is today." "

Tesla posted lower-than-expected quarterly profit margins on Wednesday, but Musk said he would prioritize sales growth over profits amid a weak economy.

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