Tesla’s self-driving beta software is now available to anyone in North America

The Yahoo Finance Live hosts report that Tesla’s self-driving beta software is now available to those in North America.

Video transcription

BRIAN SOZZI: Happy post-Thanksgiving and welcome back. The opening of Wall Street is minutes away, but first, some hot tickers on the Yahoo Finance platform. We’re looking at Tesla’s stock. This ticker has been very hot, indeed, on our platform for the past five days, this time following an announcement from Elon Musk that his full beta self-driving software is available to anyone in North America who requests it.

And, Jared, this isn’t a cheap option. That’s a $15,000 option on a car that’s already approaching six figures—six figures, if you go that route. $50,000… that’s the car. You could buy a car for essentially what it costs to drive it, hands off, in a Tesla.

JARED BLICRE: Yep, it looks like the car needs to be discontinued here, and it is. I think the model of the future will be a sharing model. But today we are here.

These options are really interesting. You know, can you make a whole car as a service? I think you can. You can make those heated seats a field service.

BRIAN SOZZI: Oh, you are not in that field. All cars…

JARED BLICRE: I’m not promoting it. I’m a trend reader here. This is what is happening. I mean, okay, even if you get enough pushback from consumers, maybe it doesn’t happen.

BMW felt a lot of heat from that. But full self-driving, I think that’s going to be something that’s going to have to be an add-on. Do you think it should be included?

BRIAN SOZZI: I don’t think it should even exist. I look at the…

JARED BLICRE: Well, that’s another discussion.

BRIAN SOZZI: –highways. I watch the highways. I look at the infrastructure in this country. And I know I’m not alone in this. No way is it set up for you to get into a Tesla, or any other car, and drive around with no hands. It is not.

JARED BLICRE: Well, based on the ads I’m still being served on Twitter, I still don’t trust AI. I know it’s a comparison of apples and oranges. In all seriousness, this is several years away. So I’m not advocating it yet.

But for people who want to try it in limited circumstances on those country roads or in malls, I don’t know how it’s set up. Maybe there’s some, maybe, test sites in Nevada where you have those nuclear alarms.

BRIAN SOZZI: [LAUGHS]

JARED BLICRE: It’s safe? I’d pay $15,000 a month to, you know, create my own obstacle course, you know, if I had unlimited funds. You know, I’m just speaking off the cuff here.

BRIAN SOZZI: And, you know, Tesla stock is back, which is kind of surprising given all the chaos that’s going on on Twitter. But as we said at the beginning of the show, they’re making cars in China, obviously. Now, if Apple is impacted by the lockdowns in China, you better believe we could hear Tesla before they report their next earnings report, telling the street about the impact of the lockdowns that China is likely to take only in the next few weeks.

JARED BLICRE: Yes, that’s a huge thing. By the way, I’m noting on YFi Interactive as I speak here. Tesla is on a huge level. You can see this previous resistance from the beginning, actually at the end of 2021 which is now acting as support. This is a huge distribution top. So… well, I’d say it’s too early to call it a top.

But if the price falls below the current price, let’s say 175 below, there could be a Tesla winter here. Let’s talk about…

BRIAN SOZZI: I understand.

JARED BLICRE: I’m just talking… I’m just talking about the technicalities here. Regardless of what they’re doing in the fundamentals of the business, this is a dangerous looking chart. Many charts look like this. By the way, the Crude Oil chart also has this huge high.

So I’m thinking, you know, with respect to China, you were talking about how Tesla is leveraged in China. So are many other companies, especially Apple. We have seen demonstrations with Foxconn. It will be very difficult for China, the way relations have been frosty with the US, to be able to defuse the situation. There’s a huge cooperation, a huge interest there. And any kind of long-term breakup… I’m talking very long-term… is going to be super messed up.

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