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Tesla Rolls Back Its FSD Software on Malfunctioning Basis, TSLA Shares Stays Green

UTC by Benjamin Godfrey · 3 min read
Tesla Rolls Back Its FSD Software on Malfunctioning Basis, TSLA Shares Stays Green
Photo: Tesla / Twitter

The Tesla FSD malfunctioning problem may serve as another avenue for the United States National Highway Traffic Safety Administration (NHTSA) to extend its probe in the Palo Alto-based firm.

The Full Self-Driving Software (FSD) that electric auto giant Tesla Inc (NASDAQ: TSLA) began rolling out to its car owners is now being recalled based on malfunctioning reports. Tesla’s Chief Executive Officer, Elon Musk announced the rollback on Twitter.

“Seeing some issues with 10.3, so rolling back to 10.2 temporarily,” he said adding, “Please note, this is to be expected with beta software. It is impossible to test all hardware configs in all conditions with internal QA, hence public beta.”

The release of the FSD 10.3 saw a brief delay as revealed in Musk’s earlier tweets. The vocal CEO tweeted on Saturday saying “Regression in some left turns at traffic lights found by internal QA in 10.3. Fix in work, probably releasing tomorrow.” While there seems to be no much complaints about the version 10.2 which was released back on October 11, the FSD 10.3 casts safety doubts on the company’s advanced autopilot system.

According to the social media posts by Tesla car owners with the FSD 10.3 installed, the software shows multiple Forward Collision Warnings despite there being no immediate danger, and some vehicles even auto-braked without reason. A number of the drivers also reported that the autosteer option was disappearing and there were additional problems with the software’s traffic-aware cruise control and Autopilot panic.

In a new tweet shared on Sunday, Elon Musk confirmed that Tesla has started fixing the reported issues.

Despite the widely reported issues with the FSD feature, the shares of Tesla remain unshaken. Having closed 1.75% up on Friday to $909.68, the automaker’s shares are trading at an additional gain of 2.01% in the Pre-Market today, placing each Tesla price at $928 at the time of writing.

Tesla FSD Malfunctioning: Another Reason to Attract Probes from the NHTSA

The Tesla FSD malfunctioning problem may serve as another avenue for the United States National Highway Traffic Safety Administration (NHTSA) to extend its probe in the Palo Alto-based firm. As reported by Coinspeaker, the NHTSA started investigating the company back in August on grounds that the self-driving systems deployed by Tesla typically have trouble spotting parked emergency vehicles.

Per the report issued by the Highway regulator, a total number of 11 crashes involving Tesla vehicles on autopilot or the Traffic-Aware Cruise Control have been recorded since 2018. Per the NHTSA, as many as 25 out of 31 crashes involving cars with driverless systems were owned by Tesla.

Autopilot features and FSD are advanced driver-assist programs which are typically expected to be engaged with the driver staying alert most of the time. Reports have shown drivers are often negligent of these responsibilities, a trend that makes a malfunctioning FSD software either from Tesla or other automakers to be very risky to use.

Per the recent issues with the FSD 10.3, no fatal accident was reported, and Tesla has not shared the next date for the release of the fixed software.

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Benjamin Godfrey

Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture.

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