Tesla’s ‘Navigate on Autopilot’ Feature Released; Model 3 Price Lowered
Tesla announced late Friday that it will update its vehicles' software with the Navigate on Autopilot feature that was left out of the version released earlier this month. The company has also effectively lowered the price of one version of…
First announced in tweet late Friday by CEO Elon Musk and then in a company blog post, Tesla Inc. (NASDAQ: TSLA) is rolling out a feature called “Navigate on Autopilot” that was not included in the release of version 9 of the automaker’s software that was distributed earlier this month.
Tesla’s “Navigate on Autopilot” feature provides active guidance that “guides a car from a highway’s on-ramp to off-ramp, including suggesting lane changes, navigating highway interchanges and taking exits,” under active supervision by the driver.
Despite the name, Autopilot is not fully self-driving. As Tesla’s blog post states, “[U]ntil truly driverless cars are validated and approved by regulators, drivers are responsible for and must remain in control of their car at all times.” Lane changes, for example, must be confirmed by the driver using the car’s turn stalk.
The feature will be available to Tesla customers who have purchased enhanced Autopilot ($5,000) or full self-driving (FSD) capability ($3,000).
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Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.
He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.
