Tesla shares were down 4.4 percent at $589.89 in late
afternoon, extending falls after the US safety regulator said it has launched a
probe into a fatal crash near Fontana, California, involving one of the
company's vehicles.
US federal and state regulators have been scrutinising
Tesla's semi-automated driving system following accidents in Texas and other
states.
In March, Tesla told California regulators it may not
achieve full self-driving technology by the end of this year. It said it is
currently offering a driver assistant, level-2 technology that requires driver
supervision.
"I think we're maybe a month or two away from wide
beta. But these things are hard to predict accurately," Musk said in a
tweet on Wednesday.
In April, Musk said he would be "surprised" if
wide test service were available later than June, calling a May launch
"aspirational."
In October, Tesla rolled out a pilot programme of its
long-touted full self driving (FSD) technology to a limited number of employees
and customers, but has delayed the wider launch.
"We had to focus on removing radar & confirming
safety," Musk said, referring to the carmaker's plan to rely on cameras
for its system.
When asked by a Twitter user whether its vision-only system
would remove the "phantom braking" issue, in which a Tesla car
sometimes applies a brake abruptly under an overpass or a bridge, he said,
"yes."
Subscriptions to the software for the system would be
offered within a month, Musk said, without elaborating.
© Reuters
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