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Tesla Stock Surges 8% After FSD v14 Lite Update Launches

Tesla (TSLA) posted its greatest single-day acquire in over a yr on June 29, surging greater than 8% after the corporate started rolling out a serious software program replace to hundreds of thousands of older autos.

The catalyst was Full Self-Driving (FSD) v14 Lite, a brand new model of Tesla’s self-driving software program constructed for older vehicles that had gone greater than 14 months with out a significant replace.

Why Did Tesla Stock Jump?

Tesla offered hundreds of thousands of vehicles with the promise that they might finally acquire self-driving capabilities. Delivering a significant improve to that present fleet, with out requiring house owners to purchase a brand new automobile, indicators that Tesla can maintain older clients engaged.

Tesla’s inventory has been sliding year-to-date, however this new replace could possibly be a catalyst for extra optimistic motion. Image Source: Trading View

It additionally offers these house owners a purpose to subscribe to Tesla’s $99-per-month FSD service, which represents a rising income stream for the corporate. The rally on June 29 additionally coincided with rising expectations forward of Tesla’s second-quarter supply report.

Morgan Stanley raised its Q2 supply estimate to 413,000 autos, above the Wall Street consensus, citing recovering gross sales in Europe and China.

Investors monitoring the broader Elon Musk investment picture have additionally watched how sentiment shifts between Tesla and SpaceX since its June IPO.

What Is FSD v14 Lite?

FSD is Tesla’s driver-assistance system. It handles a lot of the driving, lane adjustments, site visitors lights, and parking, however nonetheless requires the driving force to remain alert and in management always.

The v14 Lite replace targets vehicles constructed with Tesla’s older Hardware 3 (HW3) chip, offered from round 2019 onward. Those autos had been working on FSD model 12.6 since early 2025. Meanwhile, newer Tesla fashions moved forward with model 14, gaining options like automated parking and gear-shifting.

Tesla VP of AI, Ashok Elluswamy, announced the rollout on X on June 29. He stated the construct “distills the driving habits from AI4’s v14 sequence” into the older {hardware}, with “considerably improved security” because the headline improve

Whether the inventory holds these features will possible rely on Tesla’s supply numbers, due later this week, and on early efficiency information from the FSD v14 Lite rollout.

The publish Tesla Stock Surges 8% After FSD v14 Lite Update Launches appeared first on BeInCrypto.

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