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>> Tesla shares on Monday lept as much as 5%. So was it a new vehicle? An earnings report? Nope, it was an optimistic, if vaguely worded, tweet from CEO Elon Musk. Responding to a question about Tesla's autopilot features, musk wrote, to date, autopilot resources have rightly focused entirely on safety.
With V9, we will begin to enable full self-driving features. And Musk added that V9, the Tesla Version 9 software, would be coming in August. It's not clear what Musk means by full self-driving features, but that was enough to send the electric luxury car maker's shares soaring. This comes despite challenges and criticism Tesla has faced over delays on ramping up its Model 3 production.
Tesla is also facing scrutiny over its semi-autonomous driver mode, following a spate of fatal crashes. On Friday, a consumer advocacy urged Tesla to fix, quote, flaws in autopilot, after a preliminary report by the national transportation safety board. The NTSB, said a model X driver who died in March didn't have his hands on the steering wheel in the six seconds before the crash.