Tesla Announces Augmented Autonomous Driving Technology Launch Shortly: Reuters

• Tesla Inc (NASDAQ: TSLA) CEO Elon Musk tweeted about its launch plans of a significantly improved version of its complete autonomous technology, eliminating a phantom braking problem within the next two to three weeks, Reuters reports.

• “I think we’re maybe a month or two away from wide beta. But these things are hard to predict accurately,” Musk said in a Tweet.

• Musk mentioned offering software subscriptions for the system within a month.

• Last week, Tesla admitted that it might not accomplish the complete autonomous driving technology feat by the year-end.

• Tesla reportedly released a beta version of its complete autonomous driving program to selected employees and customers in October.

• Tesla’s “Smart Summon” feature clubbed with its complete autonomous driving technology would be available by the end of this year in Europe, based on Musk’s tweets.

• The Smart Summon feature, which is already available in the U.S., allows drivers to use a phone app to call their vehicle within 200 feet in their line of sight.

• Tesla recently attracted growing scrutiny over accidents regarding its semi-automated driving system.

• Price action: TSLA shares traded lower by 4.75% at $587.91 on the last check Wednesday.

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