{"id":55313,"date":"2023-08-31T11:43:59","date_gmt":"2023-08-31T15:43:59","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/secret-full-self-driving-mode-leaves-authorities-despairing\/"},"modified":"2023-08-31T11:44:01","modified_gmt":"2023-08-31T15:44:01","slug":"secret-full-self-driving-mode-leaves-authorities-despairing","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=55313","title":{"rendered":"Secret Full-Self Driving Mode Leaves Authorities Despairing"},"content":{"rendered":"<div>\n<h2 class=\"subhead-embed color-accent bg-base font-accent font-size text-align\">Key takeaways<\/h2>\n<ul>\n<li>Tesla<fbs-ticker data-name=\"TSLA\" data-href=\"https:\/\/www.forbes.com\/companies\/tesla\" data-type=\"stock\"><br \/>\n   TSLA<br \/>\n  <\/fbs-ticker> has been forced to reveal more info about its so-called secret \u2018Elon mode\u2019<\/li>\n<li>The NHTSA has been investigating the company over safety concerns since 2021<\/li>\n<li>Tesla\u2019s share price has boosted this week thanks to the autonomous tech news<\/li>\n<\/ul>\n<p>Tesla might be about to face the music on its self-driving technology after a secret so-called \u2018Elon mode\u2019 that removes a critical safety feature was discovered. With the NHTSA demanding more info on how many drivers can access the feature, it\u2019s not a good look for the world\u2019s biggest EV maker that expressly says hands must be on the steering wheel at all times.<\/p>\n<p>As Elon took to X to show off the shiny new tech, which was first talked about in 2016, the hype around full self-driving mode has reached a fever pitch &#8211; just in time for the federal authorities to pour cold water over it as a long-term investigation into Tesla\u2019s FSD mode wraps up. Here\u2019s what we know so far.<\/p>\n<p><em>Investing in clean technology has never been easier, thanks to Q.ai&#8217;s <\/em><em data-ga-track=\"ExternalLink:https:\/\/learn.tryq.ai\/blog\/clean-tech-kit?utm_campaign=Forbes&amp;utm_medium=article&amp;utm_source=Forbes\">Clean Tech Kit<\/em><em>. This investment package encompasses a wide range of stocks and ETFs in the renewable energy, clean tech and electric vehicle sectors.<\/em><\/p>\n<p><fbs-ad position=\"inread\" progressive=\"\" ad-id=\"article-0-inread\" aria-hidden=\"true\" role=\"presentation\"><\/fbs-ad><\/p>\n<p><em>Our state-of-the-art AI algorithm combs through massive amounts of data, predicting the assets that are primed for performance. With periodic risk-adjusted tweaks, the Kit helps ensure that your portfolio remains at the forefront of sustainable investing, helping to provide an eco-conscious path for growing wealth.<\/em><\/p>\n<p><em data-ga-track=\"ExternalLink:https:\/\/refer.tryq.ai\/Jqo8oQziFCb\">Download Q.ai today<\/em><em> for access to AI-powered investment strategies.<\/em><\/p>\n<h2 class=\"subhead-embed color-accent bg-base font-accent font-size text-align\">Why is Tesla\u2019s FSD mode in hot water?<\/h2>\n<p>Tesla has received a special order from the National Highway Traffic Safety Administration (NHTSA) demanding information about the EV car maker\u2019s assisted driver systems and is particularly interested in the so-called \u2018Elon mode\u2019, named after the company\u2019s eccentric CEO, Elon Musk.<\/p>\n<p>Tesla has three driver assistance systems: Autopilot, Full Self-Driving or FSD Beta options. On each, a symbol blinks to prompt the driver to put their hands on the steering wheel, escalating in volume the longer it goes on and eventually shutting down the mode if there\u2019s no steering wheel engagement. Elon mode? That doesn\u2019t do any of that, allegedly.<\/p>\n<p>The secret mode was discovered by a hacker in June, quickly catching other Tesla users&#8217; attention. Naturally, the federal automotive safety regulators were alarmed to hear about this and alleged public knowledge of \u2018Elon mode\u2019 could get more Tesla owners trying to unlock the hidden feature and endanger more lives.<\/p>\n<p>&#8220;The resulting relaxation of controls designed to ensure that the driver remain engaged in the dynamic driving task could lead to greater driver inattention and failure of the driver to properly supervise Autopilot,&#8221; the NHTSA letter stated.<\/p>\n<p>Tesla had a deadline of August 25 to respond, with the NHTSA requesting details on how many cars had the mode activated and how easy it was to do so. Tesla responded by the deadline, though the details are kept schtum for now.<\/p>\n<h2 class=\"subhead-embed color-accent bg-base font-accent font-size text-align\">Musk livestreams FSD mode<\/h2>\n<p>Elon went live on X earlier this week to debut X\u2019s newest livestream feature and show off the Tesla Autopilot V12 mode\u2019s capabilities. In the 45-minute <a rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/i\/broadcasts\/1djxXlVLaLOxZ\" target=\"_blank\" class=\"color-link\" title=\"https:\/\/twitter.com\/i\/broadcasts\/1djxXlVLaLOxZ\" data-ga-track=\"ExternalLink:https:\/\/twitter.com\/i\/broadcasts\/1djxXlVLaLOxZ\" aria-label=\"video\">video<\/a>, the Tesla is seen automatically slowing down for speedbumps, navigating roundabouts and easily making left turns.<\/p>\n<p>The technology runs on neural networks and AI after Tesla shifted towards the \u2018codeless\u2019 tech in 2020. On the livestream, Musk claimed the neural networks were \u201cdoing [the driving] based entirely on video training\u201d and that \u201cIt can read signs without ever being told to read\u201d.<\/p>\n<p>Throughout the entire 45-minute livestream, Elon only had to make one intervention when the Tesla tried to run a red light at a busy intersection. Driving a Tesla Model S, which has the Hardware 3 computer installed as standard, there\u2019s a newer Hardware 4 model with a faster computer and more cameras to assist the AI mode better.<\/p>\n<p>The tech is still in development, though Elon mentioned that v12 wouldn\u2019t be a beta version. Tesla rolled out FSD Beta v11.4.7 earlier this week, though the controversial CEO also commented that 12 FSD test drivers worldwide are driving around with the experimental model.<\/p>\n<h2 class=\"subhead-embed color-accent bg-base font-accent font-size text-align\">Another red flag for the NHTSA\u2019s investigation<\/h2>\n<p>Fun fact: the NHTSA has been investigating Tesla\u2019s full self-driving mode since 2021. The probe initially kicked off over concerns that the advanced driver assistance systems (ADAS) were causing users to drive unsafely.<\/p>\n<p>The NHTSA upgraded the investigation last year to a full engineering analysis due to concerns over Tesla\u2019s Autopilot systems \u201c[exacerbating] human factors or behavioral safety risks by undermining the effectiveness of the driver&#8217;s supervision\u201d.<\/p>\n<p>The real issue? Marketing and hype. Musk and Tesla advertise the driving modes as Autopilot and Full Self-Driving, but both are formally classified as Level 2 in vehicle automation. Level 3 automation is considered fully autonomous with a human override possible, and other car makers, like luxury car maker BMW, are beating Tesla to the chase in this arena.<\/p>\n<p>The NHTSA has already taken steps to keep Tesla in line, ordering the world\u2019s biggest EV maker back in February to recall and update FSD software in what\u2019s reported to be over 360,000 vehicles after a bug had the potential to cause cars to skip red and yellow lights.<\/p>\n<p>To make things worse, Tesla engineers have now sworn under oath that Tesla knew about the safety defects for the Autopilot feature but didn\u2019t do anything about it. The testimony formed part of the civil lawsuit against Tesla concerning the death of a Tesla driver in 2019.<\/p>\n<p>Elon\u2019s livestream won\u2019t have helped things, given it wasn\u2019t always clear that he had his hands on the wheel at all times. The NHTSA probably views that as a nice piece of video evidence into precisely what they\u2019re investigating.<\/p>\n<h2 class=\"subhead-embed color-accent bg-base font-accent font-size text-align\">What was the market reaction?<\/h2>\n<p>Tesla\u2019s share price has rallied 7.6% in the last five days as excitement over the livestream and FSD modes mounted, news of a $300 million AI cluster partnership with Nvidia, and a helpful boost from BYD\u2019s stellar earnings beat.<\/p>\n<p>The stock is up 137% this year so far after the market suffered a three-week downward spiral in August.<\/p>\n<h2 class=\"subhead-embed color-accent bg-base font-accent font-size text-align\">The bottom line<\/h2>\n<p>Tesla has always had grand ambitions to introduce fully autonomous vehicles to the world, though these latest hiccups aren\u2019t going to help the overall image around bringing the tech to the masses.<\/p>\n<p>As far as investors are concerned, Tesla is leading the charge on innovation and has the fanbase to bring the world of EVs and fully autonomous cars powered by neural networks and AI to the world. The fly in the ointment could be the NHTSA\u2019s investigation, which is said to wrap up soon.<\/p>\n<p><em>Despite the regulatory snags, the hype around Tesla\u2019s full self-driving mode is one of the reasons the stock performs so well. You can get your portfolio onto sustainability opportunities with Q.ai&#8217;s <\/em><em data-ga-track=\"ExternalLink:https:\/\/learn.tryq.ai\/blog\/clean-tech-kit?utm_campaign=Forbes&amp;utm_medium=article&amp;utm_source=Forbes\">Clean Tech Kit<\/em><em>. Focusing on electric vehicles and renewable energy, the Kit offers a curated selection of high-potential stocks and ETFs. <\/em><\/p>\n<p><em>Our proprietary AI engine tirelessly scans market data to identify growth opportunities and to keep your portfolio up-to-date with the latest green trends. By choosing the Clean Tech Kit, you\u2019re not just investing in your future but in the planet&#8217;s future, too.<\/em><\/p>\n<p><em data-ga-track=\"ExternalLink:https:\/\/refer.tryq.ai\/Cr9vhK4JGCb\">Download Q.ai today<\/em><em> for access to AI-powered investment strategies.<\/em><\/p>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>Read the full article <a href=\"https:\/\/www.forbes.com\/sites\/qai\/2023\/08\/31\/elon-mode-fsd-secret-full-self-driving-mode-leaves-authorities-despairing\/\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key takeaways Tesla TSLA has been forced to reveal more info about its so-called secret \u2018Elon mode\u2019 The NHTSA has been investigating the company over safety concerns since 2021 Tesla\u2019s share price has boosted this week thanks to the autonomous tech news Tesla might be about to face the music on its self-driving technology after [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":55314,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[241],"tags":[83],"class_list":["post-55313","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-markets","tag-featured"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Secret Full-Self Driving Mode Leaves Authorities Despairing | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Key takeaways Tesla TSLA has been forced to reveal more info about its so-called secret \u2018Elon mode\u2019 The NHTSA has been investigating the company over\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=55313\" 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