Adam Eckert, Benzinga Staff Writer September 30, 2024 6:26 PM | 2 min read Check This Out: Tesla EV Fire In Garage Goes Viral During Hurricane Helene, While Cybertruck Owners Engage Wade Mode Tesla is also likely to focus on recent breakthroughs with its full self-driving (FSD) software and AI initiatives. Tesla’s FSD has now logged over 1.5 billion miles in Tesla’s datacenters and the company’s latest FSD release has been deemed a significant upgrade over its predecessor, Ives said. FSD 13 is expected to be released before the end of the year. The Wedbush analyst will be watching for any updates on the next release, which is expected to introduce new features like autonomous parking and reversing capabilities and offer a 6x improvement in miles-per-intervention. Ives also noted Tesla’s Optimus bot continues to pique interest. Tesla is currently targeting sales of its humanoid robots by 2026. The analyst anticipates updates on Optimus development at next week’s robotaxi event. “We believe this is a pivotal time for Tesla as the company prepares to release its years of Robotaxi R&D shadowed behind the curtains, while Musk & Co. lay out the company's vision for the future,” Ives said. “We remain confident in the Tesla story which has proven successful many times over the years, and we look forward to this long-awaited event as the next evolution of transportation unfolds.” TSLA Price Action: Tesla shares are up approximately 22% over the past month. The stock closed Tuesday up 0.45% at $261.63, according to Benzinga Pro. Read Next: