SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
SpaceX Reports $8 Billion Profit as IPO Plans and Starlink Growth Fuel Valuation Buzz 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns 
Jensen Huang Urges Taiwan Suppliers to Boost AI Chip Production Amid Surging Demand 
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies 
SoftBank and Intel Partner to Develop Next-Generation Memory Chips for AI Data Centers 
Nvidia Confirms Major OpenAI Investment Amid AI Funding Race 
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Elon Musk’s Empire: SpaceX, Tesla, and xAI Merger Talks Spark Investor Debate 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
During Tesla's 2024 Annual Stockholder Meeting, Elon Musk announced that the company will extend Full Self-Driving (FSD) transfers for one more quarter, starting in Q3, following a spontaneous suggestion from an audience member.
Elon Musk Confirms One More Quarter for Tesla FSD Transfers Amid Uncertainty at 2024 Stockholder Meeting
At the 2024 Annual Stockholder Meeting, a question was raised about Tesla's plans for permanent FSD transfers. According to Teslarati, Elon Musk, seemingly undecided, was in the process of formulating his response. However, a spontaneous suggestion from an audience member, advocating for FSD transfers for “just one more quarter,” led to Musk's consent.
“Okay, one more quarter,” Musk responded with a sigh. “We got it—one more quarter.”
Tesla has not yet disclosed any information regarding its intentions to reinstate FSD transfers; however, they will probably be accessible in Q3, as the second quarter concludes.
Last year, Tesla initiated the provision of FSD transfers, as CEO Elon Musk disclosed at the 2023 stockholders' meeting. Musk responded to an investor's inquiry regarding the potential of service transfers as a demand lever by announcing that Tesla would provide FSD transfers as a "one-time amnesty" in the third quarter.
Tesla Continues to Extend FSD Transfers Amid New Features and Upcoming Robotaxi Platform Announcement
Following Tesla's initial launch of FSD transfers last year, the company has been in a cycle of relaunching and extending the service. The most recent instance was in February, when Tesla announced the relaunch of FSD transfers, initially set to end on March 31. However, the company decided to extend the service beyond the deadline.
The announcement is in anticipation of Tesla's planned announcement of a robotaxi platform in August and the company's recent introduction of additional FSD-related benefits. Tesla initiated the first-ever one-month free trials of FSD in March and implemented mandatory demonstration drives with the software for new buyers.
Tesla discontinued the "beta" designation upon releasing its eagerly anticipated v12 software, rebranding it as FSD (Supervised). Tesla is also in the process of introducing FSD in markets beyond North America. According to recent reports, the company will unveil ten pilot vehicles in China to evaluate the system on the country's roads.
Photo: Microsoft Bing
