Tesla‘s software is a major reason why the automotive manufacturer sells so many cars across the world. It integrates seamlessly with the vehicle, and offers a ton of customization and features that get updated from time to time. However, in a surprising revelation during Tesla’s Q2 2023 investor call, CEO Elon Musk dropped a bombshell announcement. Tesla plans to revolutionize the automotive industry by licensing its highly coveted Full Self-Driving (FSD) system to other automakers and Original Equipment Manufacturers (OEMs). “We are very open to licensing our FSD software and hardware to other car companies,” Musk stated, adding that discussions with a major OEM were already underway.

Musk also emphasized Tesla’s commitment to AI with Research & Development

To further delight Tesla owners, the company introduced a limited-time offer called the “one-time amnesty.” Throughout Q3, current Tesla vehicle owners can transfer their existing Full Self-Driving subscription to a newly purchased Tesla, creating an exciting incentive for potential customers.

Tesla

In Q2, Tesla continued to dominate the US EV market, smashing its internal record with 479,700 vehicles manufactured and 466,140 delivered, marking an impressive 87 percent year-on-year growth. The Model Y made headlines by becoming the best-selling vehicle overall, surpassing traditional favorites like the Corolla.

Adding to the momentum, Tesla’s first production Cybertruck rolled off the assembly line. While initial images only teased its features, Musk assured enthusiasts that the Cybertruck line was progressing through the tooling phase, with steady production set to begin next year. The Cybertruck’s unique design, offering four doors and over six feet of bed space while fitting into a standard 20-foot garage, adds an exciting edge to the pickup truck market.

In another significant stride, Tesla decided to open its once-proprietary charging port design to the entire industry. Several prominent automakers, including Mercedes, Volvo, Rivian, Ford, and GM, will adopt Tesla’s charging port design for their North American models, starting from the 2024 model year. Texas even mandated that state-funded EV charging stations accommodate this standard. Tesla’s charging network expanded by one-third over the previous year, boasting 48,082 chargers across 5,265 stations worldwide, reaffirming their commitment to supporting the EV ecosystem.

Despite facing some scandals, Tesla remains steadfast in pushing technological boundaries. Musk highlighted their commitment to AI development, introducing Dojo training computers to aid Autopilot developers in future designs and features. Challenges in finding suitable sources for the Optimus robot’s actuators didn’t deter Tesla, as they are diligently designing their own parts, anticipating significant progress by next year.

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