What is Autonomy Investor Day, you request? The details are vague, but it’s supposed to be a demonstration that explains and showcases Tesla’s autonomous driving technology.
CEO Elon Musk put it a bit more dramatically when he tweeted earlier this month: “On April 22, Investor Autonomy Day, Tesla will free investors from the tyranny of having to steer their own automobile.”
Later this week, Tesla will report first-quarter earnings (on April 24). The following day is the deadline for Tesla and the Securities and Exchange Commission to report back to a jury on an escalating combat over Musk’s recent tweets, which allegedly violated an agreement between the two parties that was reached last year.
Like so many events surrounding Tesla, there is already drama attached to autonomy day. Tesla was granted a temporary restraining order Friday against a short seller and vocal Twitter critic who recently photographed a version 3 that was being filmed ahead of the autonomy investor day.
PlainSite.org posted the restraining order, in which Tesla claims Randeep Hothi “stalked, harassed and endangered” employees driving in a version 3 bearing manufacturer plates and mounted with camera tool. Tesla claims the solo followed the automobile for 35 minutes and at one point swerved so close to the automobile that the side collision avoidance safety feature was triggered.
Tesla vehicles are not considered fully autonomous, or stage 4, a designation by SAE that means the automobile can handle all aspects of driving in certain conditions without mankind intervention.
Instead, Tesla vehicles are “stage 2,” a more advanced motorist assistance system than most other vehicles on the street today. Musk has promised that the advanced motorist assistance capabilities on Tesla vehicles will continue to upgrade until eventually reaching that full automation high-water mark.
Tesla offers two distinct advanced motorist assistance packages to customers: Autopilot and Full Self-Driving. Autopilot is ADAS that offers a combination of adaptive cruise regulate and lane steering and is now a grade feature on brand-new cars. The price of vehicles has been adjusted higher to reflect the addition of Autopilot as a grade feature.
Full Self-Driving, or FSD, costs an extra $5,000. (And, to be clear, vehicles are not full self-driving driving.) FSD includes Summon as well as Navigate on Autopilot, an active counsel system that navigates an automobile from a freeway on-ramp to off-ramp, including interchanges and making lane changes. Once drivers enter a destination into the navigation system, they can enable “Navigate on Autopilot” for that trip.
Tesla continues to upgrade Navigate on Autopilot and the broader FSD system through over-the-air app updates. The company says on its website that FSD will soon be able to recognize and reply to traffic lights and stop signs and automatically steer on city streets.