Elon Musk Says Tesla Has 'Pretty Much Solved' Unsupervised FSD, Driverless Robotaxis Coming To Austin In 3 Weeks - Tesla (NASDAQ:TSLA)

Core Viewpoint - Tesla Inc. may have achieved significant progress in Unsupervised Full Self-Driving (FSD) technology, with CEO Elon Musk indicating that it is "pretty much solved" and plans for European expansion are underway [1][2]. Group 1: FSD Developments - Elon Musk announced that the Austin Robotaxis will operate without onboard safety monitors within three weeks, aligning with his previous prediction of driverless operation by year-end [2]. - Musk mentioned that validation processes are ongoing, and a smaller FSD model will be released before a larger model, which is expected to be deployed in January or February 2026, featuring enhanced reasoning and reinforcement learning capabilities [3]. Group 2: Chip Fabrication and Partnerships - Musk emphasized the importance of chip fabrication capabilities for Tesla to achieve serious scale, noting recent advancements in Tesla's chip-building efforts [4]. - Tesla is reportedly collaborating with Intel Corp. to develop the TeraFab, a proposed foundry aimed at enhancing its chip production [4]. Group 3: Analyst Perspectives - Analyst Alex Potter from Piper Sandler expressed a bullish outlook on Tesla's FSD, citing a more than 20x improvement in performance following the release of FSD version 14.1.x [5]. - Potter maintained an Overweight rating for Tesla's stock with a price target of $500, despite recent downgrades from other analysts [6]. Group 4: Stock Performance - Tesla's stock experienced a 1.27% increase, closing at $445.17, and further rose by 0.05% in after-hours trading to $445.40 [7].