What Makes Tesla Motors Inc (NASDAQ:TSLA)’s Autopilot Feature Stand Out?


Tesla Motors Inc (NASDAQ:TSLA) has rolled out the Autopilot 7.0 update for its cars. The striking thing about Tesla’s autopilot software is that it is quite different from what rivals are already offering. In the case of Tesla, each car will not evolve separately from the fleet. Instead, what a single car learns will be shared by the entire fleet, because the data will be uploaded to the central server.

When it comes to autopilot driving, Tesla Motors Inc (NASDAQ:TSLA) acknowledges that it is not reinventing the wheel. Nevertheless, the company has taken a different approach with its Autopilot 7.0 update for Model S and some Model X. Instead of letting each car get better on its own, the company has created a central system for sharing of traffic resources to improve its autopilot feature.

According to Tesla’s CEO, Elon Musk, any new thing that is learned by one car is collected at a central system and analyzed before it is shared with other cars in the network. It is something that Musk noted is different from what the likes of Audi and Mercedes Benz are already offering in their autopilot packages.

Because of its traffic resource sharing system, Musk said that Tesla drivers will see improvements in their cars weekly or after every few weeks.

Musk’s view of future of autonomous driving

Musk notes that sharing of data among automated cars is the future of autonomous driving. As such, Musk doesn’t see a future in fully automated driving for any car company out there that doesn’t have a central resource sharing system for its fleet.

The experience of Tesla Motors Inc (NASDAQ:TSLA)’s Autopilot 7.0 feature is expected to be mind-blowing for drivers. The features that Tesla has included in Autopilot 7.0 include Autosteer (which is in Beta), Auto Lane Change, Autopark, and Automatic Emergency Steering, which helps to avoid things such as side collisions.

Tesla Motors Inc (NASDAQ:TSLA)’s Autopilot update will cost drivers $2,500.

Neha Gupta

Neha Gupta has been in the financial space for over six years now. Gupta earned her MBA degree from Symbiosis Centre of Distance Learning in 2009 and her passion for finance led her to pursue Chartered Financial Analyst (CFA) course. She has successfully completed Level II of her CFA. She is a veteran in article writing, which is depicted in her numerous pieces published on SeekingAlpha, Nextiphonenews, InsiderMonkey, MarketWatch, and Techinsider. Her crisp and eloquent writing finds its best place in Researchcows, where emphasis is given on developing rich content for various websites, products, business plans, trainings, and book writing.

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