Tesla driver auto-parks vehicle from office and Elon Musk approves

Tesla delivered an awesome earnings surprise. How come no one saw it coming

Announcing that the update will be available in six weeks on Twitter, he said vehicles will soon be able to follow the owner "like a pet" when they hold down the Summon button in the Tesla app.

USA regulators have demanded Tesla hand over information as part of a criminal investigation into whether Elon Musk's electric vehicle maker misled investors over its production figures.

Tesla also expects to continue to increase its Model 3 production rate to about 7,000 units per week at its Fremont, Calif., factory.

"Musk described the technology as a "slightly smarter version" of the automaker's "Autopark" feature which now enables a Tesla to parallel park or perpendicular park on its own once the auto is next to a clearly marked open spot", reported USA Today.

The company has disclosed that it had received a subpoena from the Securities and Exchange Commission, and an informal request for information from the Department of Justice.

"Should the government decide to pursue an enforcement action, there exists the possibility of a material adverse impact on our business, results of operation, prospects, cash flows, and financial position", Tesla's filing reads. The company made only just 2425 in the entire fourth quarter. Musk and Tesla agreed to pay a combined $40 million without acknowledging or denying wrongdoing. In fact, it took the company until the last week of June to reach that production number in a single week.

When the Model 3 was launched in 2017, the company was optimistic about quickly ramping up production of the highly anticipated model. In a later tweet in May, he blamed himself for over-reliance on automation, saying "Humans are underrated".



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