By Karan Singh
Matrix headlights have a circular dome projector on the outer edge
Not a Tesla App
Tesla has been on a roll with updates recently, and now update 2024.20 was released to employees over the weekend. This update builds on the many features in the Spring Update and adds a few big improvements.
Update: Matrix Support in the US & Canada
Tesla recently tweeted that update 2024.20 is now rolling out to vehicles - and they included some surprises in this tweet. This update includes Adaptive Headlights for the United States and Canada! North America will receive matrix headlight support, including the curve adaption feature discussed below. South Korea and Puerto Rico will also gain the feature.
However, Europe and possibly other regions also receive an additional matrix headlight feature — the ability to illuminate further on highways.
Tesla also shed some light on what’s included in the hot weather improvements. All Model 3s and Ys, as well as refresh Model S and X’s will now cool down faster in hot temperatures. They will also better regulate high-voltage battery temperature for improved Supercharging performance. The Cybertruck in particular will also benefit from a quieter AC.
The full list of improvements in update 2024.20 is discussed below.
Adaptive Headlights
New updates to Adaptive Headlights are arriving for European cars with matrix headlights. The new update allows the headlights to adapt to curves in the road ahead of you, enabling better illumination. Having the adaptive headlights work for curves is the second major update for matrix headlights. Update 2024.8 added adaptive high-beam support, letting your high beams stay on longer by turning off select LEDs in the headlights.
Update 2024.2 first brought adaptive high beams to the new Model 3, before it was later introduced to older vehicles with matrix headlights. At this time, it’s not clear whether the improvements to headlights around curves will be exclusive to matrix headlights or also support the new Model 3.
How to Tell If You Have Matrix Headlights
How do you know if you have matrix headlights on your Tesla? On the outer edge of the headlight, there will be a large, round projector dome, like in the image below. If there isn’t a dome, those are standard non-matrix headlights.
Another way to tell is to run a stock light show while facing a wall. If the Tesla logo, in letters, pops up, you have matrix headlights.
For now, North America still does not have adaptive headlight support, mostly due to legislative and testing issues in the United States. The US recently approved adaptive headlights, and a Tesla employee mentioned they’re working on it. Canada has legalized adaptive headlights since 2018, so we see this deployed in North America at some point in the future.
Supercharger Races on Beach Buggy Racing 2
Tesla is still improving its Arcade functionality, with the addition of local leaderboards at Superchargers in Beach Buggy Racing 2. It appears that each individual Supercharger site will have its own leaderboard, which drivers can compete on while their cars charge. Tesla says there will also be special races to compete in this Beach Buggy Racing 2 update.
Tesla owners can plug in and play with a controller, the touchscreen, or their vehicle’s steering wheel. Thanks to steer-by-wire on the Cybertruck, the actual wheels on the truck won’t move like they do on other Tesla models when playing the game.
We continue to hope that future refreshes to the S, 3, X, and Y will eventually receive steer-by-wire as well, as the feature has quite a few unique uses, whether driving or parked.
Autopilot Strikes and Suspension
An updated Autopilot Strike system, similar to the one that is on Tesla’s upcoming FSD V12.4 update, is on 2024.20 as well. At five strikes, users will be suspended from the use of Autopilot like before, but now Tesla will remove a strike for each 7-day period the driver goes without receiving a strike.
FSD 12.4 also improves vision-based monitoring and removes the steering wheel nag, but that’s not in this latest Tesla update, but will likely be added in the future.
Tesla tends to release new Autopilot features in their FSD updates before releasing them to the wider public for regular Autopilot use.
Hot Weather Improvements
The last set of user-end improvements coming in 2024.20 will be related to hot weather, the opposite of 2024.2.6’s cold weather update. This set of changes intends to improve AUTO mode HVAC performance in hot weather, helping to cool down the cabin faster, while also maintaining comfort at lower noise levels.
There have been several updates in the last six months to Tesla’s HVAC systems, all helping to deliver a quieter, more comfortable experience, with one of the last major ones introducing cool-down or warm-up periods before blowing air into the car cabin.
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By Karan Singh
Not a Tesla App
Did you miss the Shareholder Meeting? Want to know what Elon Musk said?
We’ve got an easy-to-read recap for you below, split by sections. We’ll be writing more in-depth about many of these topics over the upcoming days as we unpack all the awesome news!
Robotaxi
Fleet monetization planning is ongoing.
Owners will be able to send their cars to the Robotaxi fleet and summon them back when they need them.
Tesla will take a margin, but most of the income will go to owners.
Tesla has plans to solve driverless interventions in the future, but expects them to be edge cases of edge cases.
FSD
Headed towards Unsupervised FSD!
New subversions are essentially new full versions; 12.4 and 12.5 are massive updates.
Expect a 2-5x increase in performance between versions.
Major versions will include a 2-week free trial.
10 thousand miles between interventions for some internal builds.
Hardware 4 training will begin later this year, Hardware 3 will continue to be developed.
Hardware 5 is 18 months from retail release.
Optimus
Optimus will be able to do many simple and difficult tasks:
Teaching
Companionship
Babysitting
Factory Work
Tesla expects 2 humanoid robots per person in the future.
Tesla expects 1000-2000 robots working in its factories by next year, with a limited production run.
22 degrees of freedom in the next generation hand, one new major hardware revision coming this year.
Cybertruck
China and Europe-compliant Cybertruck coming after production is scaled and costs are reduced.
Foundation series ending soon, non-foundation series starting next quarter.
Semi
Semi is in low-volume production, high-volume production starting soon.
Companies are actively choosing Semi due to economic advantages.
Massive potential impact on carbon emissions
Big impact on the profitability.
Other New Products
New products are coming soon, and Tesla is working hard on them.
Possible 12-passenger van, added to the “To-do” list.
Supercharger
58K global sites, and continuing to grow.
More superchargers deployed this year than the rest of the industry combined.
Tesla is providing adapters to other car companies and providing them with support for Supercharger access.
Tesla is moving to fill gaps and relieve congestion where possible.
Battery Production and Stationary Storage
New 4680 innovations, best cell from a manufacturing and efficiency standpoint.
4680 will be a continuing focus to improve over time.
Tesla has made their battery supply chain stronger and is working on further vertical integration.
2023 had 15GWh of Megapack production, 2024 is looking closer to 40GWh.
100-200% growth rate in the energy storage market.
Tesla is constrained by Megapack and Powerwall 3 production, can’t keep up with demand, even as they scale rapidly.
AI and Compute
AI growth is on a weekly basis, with Tesla taking in video and training on decision-making faster than ever.
Tesla is not compute-limited for FSD, but scenario-limited.
There is an AWS-style opportunity for parked vehicles to run distributed inference and compute.
Tesla intends to introduce LLMs with customizable learning personalities to Optimus and its vehicle lineup.
Investor Facts
Elon Musk expects $5-10 Trillion valuation for autonomy, and $20 Trillion for Optimus.
Musk mentioned that Ark Invest has the closest scenario – with Robotaxi releasing in 2025 or 2026, for a 110x valuation increase.
Elon’s stock award isn’t cash, and he has no intent to cut-and-run and is with Tesla for the long haul to accomplish the mission.
Other Items
Tesla Home HVAC, with a built-in HEPA filter, humidity control, super-efficient, super-quiet, with Powerwall integration – one day.
Kids Factory Tour Event – for children under 12!
If you’d like to watch the shareholder meeting, you can view it here, along with all the stockholder vote results.
By Karan Singh
Not a Tesla App
Yesterday on X, Elon Musk posted that the two key resolutions for the upcoming Shareholder Meeting were both passing by wide margins – and would subsequently go on to pass at today’s Shareholder Meeting.
Musk Compensation Package and Tesla’s Move to Texas
The two key resolutions, one on Elon Musk’s performance-based compensation package, and the other on Tesla’s re-incorporation to Texas, both passed in the preliminary stages. Each required a minimum number of ‘Yes’ votes to pass at the Shareholder Meeting.
The performance-based compensation package only required a simple majority – a certain number of Yes votes, with abstentions not counting as Nos. On the other hand, the move to Texas required a full majority, with abstentions counting as Nos.
Elon Musk declared his victory on X in these two key votes, and Tesla’s share prices moved favorably in post-market, and then again in pre-market trading. This is a positive indicator for Tesla and Elon Musk. On X, Elon recently agreed that given he has received a controlling stake in Tesla, he would work towards making Tesla the most valuable company on Earth.
Yes
— Elon Musk (@elonmusk) June 13, 2024
Other Resolution Results
The first five proposals are Tesla corporate proposals, while the remainder are shareholder proposals, and are covered in the table below. For more details, you can read Tesla’s Proxy Package. The proposals are ordered below in the order of presentation.
All the proposals passed in line with the board’s recommendation, except for two, which were to reduce director terms to one year and for simple majority stockholder voting.
Resolution | Board Recommendation | Vote Result |
---|---|---|
Elect 2 Directors for a 3 Year term (James Murdock, Kimball Musk) | For | For |
Non-Binding Advisory-basis Executive Compensation | For | For |
Move Tesla to Texas | For | For |
Elon Musk’s Compensation Package | For | For |
Appoint PricewaterhouseCoopers as Tesla’s accounting firm. | For | For |
Reduce Director Terms to 1 Year | Against | For |
Simple Majority Stockholder Voting | Against | For |
Annual Report on Anti-Harassment and Discrimination | Against | Against |
Freedom of Association and Collective Bargaining Policy | Against | Against |
Report on EM Radiation and Wireless Technologies, and effects on humans. | Against | Against |
Adopting targets and reports for sustainability metrics for executive compensation | Against | Against |
Moratorium on sourcing minerals from deep-sea mining. | Against | Against |
Shareholder Meeting Event
You can view Tesla’s shareholder meeting below:
Starts at 3:30pm CT https://t.co/M4j55lEht1
— Tesla (@Tesla) June 13, 2024