Tesla FSD 14.2.2 Review: Has True Autonomous Driving Finally Arrived?
đ Tesla: More Than Just a Car Company
Calling Tesla simply an "electric vehicle company" is far too narrow a definition these days. Looking at Tesla's current state, there's an incredible transformation underway.
Tesla's Diverse Business Portfolio
Tesla now resembles a comprehensive ETF spanning multiple industries:
- Automotive Business: Core revenue driver
- Energy Business: Approximately $3 billion in quarterly revenue
- Supercharger Services: Rapidly growing service revenue
- Semiconductor Development: In-house chips like AI5 and AI6 in development
- Battery Manufacturing: 4680 batteries in mass production
- Lithium Refining: Managing raw materials directly
What's even more exciting is the potential to license autonomous driving software to other automakers like Ford, GM, and Stellantis.
đ¤ FSD 14.2.2 First-Hand Experience: "Nearly Level 4 Autonomy"
The hands-on experience with Tesla's Full Self-Driving (FSD) version 14.2.2 has been truly remarkable. The improvements from version 13 are described as reaching near Level 4 autonomous driving.
Amazing Features Experienced in Real-World Driving
Complete Autonomous Journey
- Travel from home to Manhattan without touching the steering wheel
- Complete trips to the gym with zero intervention
- One button press for departure to arrival
Intelligent Situation Handling
- Automatic yielding to fire trucks and ambulances
- Reversing to avoid blocked roads
- Navigating around animal carcasses on the road
- Automatic avoidance of potholes
Perfect Parking Capabilities
- Automatic parking upon arrival
- Adapts to home, parking lot, or street parking
- Flawless reverse parking execution
đĄ "If you were disabled and got into the car, you'd just press one button, and it would take you to your destination and park for you."
This level of performance truly approaches Level 4 autonomous driving.
đ Tesla's Play for the Ride-Sharing Market
Current Status
Tesla is already operating autonomous taxis in:
- San Francisco
- Arizona
- Austin, Texas
The technology has reportedly reached a level of completeness worthy of government approval.
The Ride-Sharing Opportunity
Current ride-hailing market breakdown:
| Company | Annual Revenue | Market Share |
|---|---|---|
| Uber | ~$60 billion | 75% |
| Lyft | - | 25% |
What if Tesla captures 75% of this market or partners with Uber to operate Tesla vehicles?
Projected Revenue Impact:
- Current quarterly revenue: ~$20 billion
- With ride-sharing: Potentially double the quarterly revenue
đŽ 2026: Tesla's New Frontiers
Upcoming Products
Cybercab
- Expected launch: Second half of 2026
- Dedicated autonomous taxi vehicle
Robovan
- Large van resembling a bread loaf design
- Enables bus services and autonomous shuttle operations
Semi Truck
- Mass production starting at Nevada factory
- Expected to revolutionize logistics industry
Optimus Robot
- Humanoid robot launch expected
- Applications in manufacturing and service industries
đ° Stock Analysis: Is $400 Justified?
Current Situation
- Current Price: Above $400
- Current P/E: Over 200 (high)
- Analyst Average Target: ~$390
- Bullish Target: $480
Even after Michael Burry called Tesla "as overvalued as NVIDIA," the stock barely moved.
Why High Valuation Might Be Acceptable
The key is growth rate:
- With 50%+ annual growth through 2030
- Current high P/E would normalize quickly
Growth Drivers for Next Year and Beyond:
- Semi truck mass production
- Optimus robot launch
- Ride-sharing service expansion
- Autonomous driving software licensing
If all these materialize, 100%+ growth becomes possible.
Investment Perspective
Summary of current situation:
- Short-term: P/E is burdensome
- Long-term: Focus on the big picture
- Buy/sell recommendations are split 50-50
- Current price is near fair value at target prices
đ Key Takeaways
| Item | Details |
|---|---|
| Tesla's Identity | Auto + Energy + Semiconductor + AI Conglomerate |
| FSD Level | Near Level 4 autonomy achieved |
| Ride-Sharing | Operating in 3 US locations |
| 2026 Products | Cybercab, Robovan, Semi, Optimus |
| Investment View | Positive for long-term investors |
Tesla is no longer just "a company that makes good electric cars." It's evolving into a future technology platform company encompassing AI, robotics, energy, and autonomous driving. While the current stock price may seem daunting, for those investing with the big picture in mind, it could be a compelling choice. đ