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    TSLA   US88160R1014

TESLA, INC.

(TSLA)
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Tesla : postpones release of new autonomous driving software

10/24/2021 | 06:32pm EST

NEW YORK, Oct 24 (Reuters) - U.S. electric car maker Tesla Inc. has decided to hold off on releasing of its new autonomous driving software FSB 10.3 due to issues found during final tests with the beta version, Chief Executive Elon Musk said in a Twitter post on Sunday.

"Seeing some issues with 10.3, so rolling back to 10.2 temporarily," Musk said on Twitter.

"Please note, this is to be expected with beta software. It is impossible to test all hardware configs in all conditions with internal QA (quality assurance), hence public beta," he said.

The release of the new driving assist system to owners of Tesla models, which the company said featured several improvements, had been announced for Friday, Oct 22.

On Saturday, Musk said the release would probably be delayed by a day.

"Regression in some left turns at traffic lights found by internal QA in 10.3. Fix in work, probably releasing tomorrow," he twitted.

There was no information on Sunday about a possible new date for the release, either from Musk on social media or from Tesla press office. (Reporting by Marcelo Teixeira; Editing by Diane Craft)


ę Reuters 2021
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Analyst Recommendations on TESLA, INC.
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Financials (USD)
Sales 2021 51 169 M - -
Net income 2021 4 893 M - -
Net cash 2021 9 625 M - -
P/E ratio 2021 251x
Yield 2021 -
Capitalization 1 152 B 1 152 B -
EV / Sales 2021 22,3x
EV / Sales 2022 15,9x
Nbr of Employees 70 757
Free-Float 80,8%
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Technical analysis trends TESLA, INC.
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Mean consensus OUTPERFORM
Number of Analysts 34
Last Close Price 1 095,00 $
Average target price 857,00 $
Spread / Average Target -21,7%
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Managers and Directors
Elon Reeve Musk Technoking of Tesla
Zachary J. Kirkhorn Master of Coin
Robyn M. Denholm Chairman
Ira M. Ehrenpreis Independent Director
James Rupert Murdoch Independent Director
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