U.S. stock market anomaly | Tesla (TSLA.US) up more than 2% New version of FSD model expected to be released by the end of next month
According to the China Fortune APP, on Wednesday, Tesla (TSLA.US) rose more than 2% to $316.94. On the news front, on August 6, Tesla CEO Elon Musk revealed that the company is training a new version of its fully autonomous driving (FSD) model, with a significant increase in video processing capabilities and model size. The parameter scale of the model has expanded by about 10 times, and video compression loss has been significantly improved. If testing goes smoothly, it is expected to be released by the end of next month. The FSD system relies on AI models to perceive the environment, aiming to reduce human intervention, but drivers still need to take over at any time. As one of Tesla's core technology strategies, the upgrade of FSD is expected to drive revenue growth for the company.
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