Tesla plans to launch electric compact vehicle within five years: Musk

Tesla plans to launch electric compact vehicle within five years: Musk

Judging by Musk's tweets, it looks as if you'll only lose out on the backseats if you opt for the rocket-powered version of the Tesla Roadster.

"To date, Autopilot resources have rightly focused entirely on safety", Elon Musk tweeted.

Tesla's shares were last up 3.3 per cent at $327.93 on Monday after touching a high of $333.

A consumer advocacy group on Friday urged Tesla to fix what it termed as "flaws" in Autopilot after a preliminary government report found that a Model X driver did not have his hands on the vehicle's steering wheel in the final six seconds before a fatal crash on March 23.

Musk didn't say which self-driving features would be included, though he indicated the update would allow Tesla vehicles to perform better in areas where lanes merge on highways.

Tesla will get the new software update after two years as Version 8 was announced back in 2016, which brought a revamped user interface, a set of new features and significant improvements to Autopilot.

Justify Wins the Triple Crown
Horses had come close to breaking it in recent years but it wasn't until Justify arrived that the superstition was put to rest. If Justify wins on Saturday, he will have faced the largest field (nine) of any of the previous 12 Triple Crown winners.

Elon Musk has taken to Twitter promising some 'full self-driving features' will be rolled out as part of an August update for Tesla's Autopilot driver assist system.

Spent air from the thrusters would be refilled immediately using the Roadster's batteries to power air pumps, which in lesser electric vehicles may be a reduced range concern.

Tesla is just one of many automakers looking to develop fully autonomous capabilities, but there is a lack of consensus of what that means. He left many observers scratching their heads when, over the past weekend, he posted hints about what he claimed would be a special feature for the next-generation Tesla Roadster now under development.

Musk called the new Tesla Roadster a "smackdown" to conventional auto companies, and after taking a look at the specs, I think he has a point. Dubbed the "Space X Option", it is named for the rocket company Musk also controls.

On Saturday, Musk said the package will include around 10 small rocket thrusters that will improve the vehicle's acceleration, maximum speed, braking, and handling.

"Not saying the next gen Roadster special upgrade package *will* definitely enable it to fly short hops, but maybe...", Musk later added.

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