Tesla Inc's
What Happened: "I think that should be coming out in August," Musk said in response to questions on when Cybertrucks would receive FSD at the X takeover event hosted by Tesla Owners of Silicon Valley in San Luis Obispo, California. The CEO appeared virtually at the 2-day event dedicated to Tesla, EV, and SpaceX enthusiasts.
The CEO said that FSD should work on the Cybertruck in the next two to four weeks, while also adding that he cannot give an exact timeline. The company has to test the update to make sure of its capabilities before rolling it out, he said.
Musk had previously said that Tesla would start deploying its full self-driving (FSD) driver assistance technology on its Cybertruck vehicles with version 12.5 of the software. Version 12.5, he then said, will start rolling out in late June.
The company eventually started rolling out FSD version 12.5 last week but Cybertruck owners did not receive access as promised. Cybertruck is now expected to gain access to the technology with future versions of the software.
"There will be several point releases in quick succession," Musk said on Saturday after the company started rolling out version 12.5.1.
Elon Musk@elonmuskReplying to @AIDRIVRThere will be several point releases in quick succession
Why It Matters: Tesla is attempting to improve its FSD software to enable vehicles to operate without human intervention. However, it presently requires active driver supervision.
Cybertruck, Tesla's latest offering, currently does not have access to FSD.
In late December, Musk said that the Cybertruck is the lowest priority for FSD software given its limited number of roads. There are about 5 million other Tesla cars on the road as compared to several hundred Cybertrucks, he then said.
However, an increasing number of customers have been demanding access to the technology. According to Kelley Blue Book estimates, Tesla sold 8,755 Cybertrucks in the second quarter in the U.S., as compared to just 2,803 in the first quarter.
The company is currently attempting to further ramp up production, aiming to deliver 250,000 units annually starting in 2025. During Tesla's second-quarter earnings last week, the company said that Cybertruck production is on track to achieve profitability by the end of the year.
