Analysis-Tesla software updates allow quick fixes - and taking risks


FILE PHOTO - A student learns how to drive in a Tesla learns at the Emirates Driving Institute which offers students to learn how to drive on luxury cars, in Dubai, United Arab Emirates, June 14, 2021. REUTERS/Abdel hadi Ramahi

(Reuters) - Tesla Inc's ability to quickly issue safety patches via remote software updates is an approach other automakers eye enviously, but that also carries risk as cars become more like rolling computers.

Investors have awarded Tesla's leadership on in-car software with a market value of $905 billion that dwarfs traditional carmakers, many of which are now scrambling to roll out their own ability to offer over-the-air software updates.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

UK regulator will consider probing Apple's, Google's mobile browsers
EU regulators scrap probe into Apple's e-book rules after complaint was withdrawn
Hyundai recalls over 145,000 electrified US vehicles on loss of drive power
'World of Warcraft' still going strong as it celebrates 20 years
Northvolt CEO steps down, saying group needs up to $1.2 billion
Bitcoin at record highs, sets sights on $100,000
Ukraine urges gamers not to enter Chernobyl exclusion zone
Kioxia's market value set at $4.9 billion in IPO
Apple readies more conversational Siri in bid to catch up in AI
China’s richest man berates PDD, ByteDance for months of misery

Others Also Read