Benzinga's Take: Musk has been excited about the Cybertruck for many years, and it seems Tesla is still on track to produce and deliver the vehicle when it first expected. Tesla CEO, Elon Musk, recently confirmed the company's arrival to India.
Full Self-Driving was previously able to control a auto on highways, including passing other vehicles, self-park and slowly drive-through parking lots to pick up its owner using a smartphone app.
"NHTSA has been briefed on Tesla's new feature, which represents an expansion of its existing driver assistance system".
U.S. regulators promised to pay close attention, with the National Highway Traffic Safeway Administration on Thursday warning that it "will not hesitate to take action to protect the public against unreasonable risks to safety".
Musk and his team reiterated their target of delivering 500,000 vehicles this year.
Video Pause AP Tesla CEO Elon Musk
The Neural Network has already received data from over 3 billion miles' worth of driving and, based on the strong and rising sales of Tesla vehicles, is likely to rapidly accelerate its collection of data.
"Public road testing is a serious responsibility and using untrained consumers to validate beta-level software on public roads is risky and inconsistent with existing guidance and industry norms", it said.
Tesla enjoys a market capitalisation of $394 billion and now accounts for a 20 per cent share of the global markets for electric vehicles of the plug-in and charge varieties.
Tesla owners can purchase "Full Self Driving" for $8,000 in hopes of eventually receiving the upgrade. Now that some beta users received the initial FSD rollout, Musk is pushing up the price to $10,000. Similar price increases will apply in other countries as the test version was released there, he added. A subscription-style "rental" plan for the software is also in the works.
Reuters could not reach Tesla for comment on NHTSA's statement and to confirm the authenticity of the release note. Only the headline has been changed.