Tesla FSD V12.4 - Features and Release Date (2024)

The greatly anticipated FSD v12.4 is around the corner, with Elon Musk mentioning that it will be going to employees this weekend, with limited external testers next week.

Several significant improvements are coming with V12.4, which is being compared to the leap in performance that was previously seen between V12 and V11.

Improved Comfort and Reduced Interventions

There are quite a few improvements expected with V12.4, which Musk has said will be focused on user comfort by reducing hard accelerations and sudden braking. According to Musk, FSD v12.4 is also expected to have a 5-10x improvement in time between user interventions, which means that Tesla is rapidly approaching its goal for the Robotaxi announcement on August 8, 2024.

Steering Wheel Nag Removal

FSD V12.4 is expected to eliminate the steering wheel nag, as Musk confirmed its removal last week. The camera-based driver monitoring system will be taking over, providing a hands-free experience. These improvements will most likely benefit owners who have cabin cameras with infrared lights the most, while Tesla may continue to use steering wheel nag as a fallback mechanism.

Driverless Autopark

The second key feature that may be included in v12.4 will be Banish Autopark, previously known as Reverse Summon, allowing you to choose a parking spot, exit the vehicle and have the car park itself. Whether this feature makes it in v12.4 is yet to be seen, but Musk has mentioned that parking without a driver is coming soon.

Automatically Seek Parking Spot at Destination

Finally, your Tesla will now traverse a parking lot and automatically enter Autopark mode when arriving at a destination, according to a post from Musk.

Hand Gestures

There have been various videos posted recently where FSD appears to respond to hand gestures. Musk has said that he “wouldn’t count on this” with the current FSD version, but according to a Tesla employee, it will be included in an FSD update next month.

Eligibility and Branch

Tesla recently added FSD v12.3.6 to the 2024.14 branch with updates 2024.14.5 and 2024.14.6. This makes it very likely that Tesla’s next FSD version will also be based on 2024.14, meaning that it will be available to any vehicle on 2024.14.x.

For users on update 2024.3.25, this means that they’ll receive all of the features included in updates 2024.8 and 2024.14, which should make it a massive update.

Release Date

Musk has mentioned that FSD V12.4 is going out to employee vehicles for internal testing this weekend, with external testing starting next week. The rollouts typically go slower than predicted but looks like we may see this begin shipping to customers by the end of the month.

Today, as part of a broader change of tariff rates on Chinese goods, U.S. President Joe Biden announced that he’ll raise tariffs on electric vehicles imported from China, increasing the rate from 25% to 100%, effective this year.

This increase won’t just impact the import of vehicles, but also the rate for lithium-ion batteries produced in China, which will be moving from 7.5% to 25%.

Impact on Competition

The immediate impact of this new regulation is significant for Chinese manufacturers, who have been regarded as Tesla’s largest and greatest competition. Given the tariff hike, this means that new Chinese manufacturers, such as Nio, XPeng, or BYD, will either need to set up production in North America, or be subject to the increased import tariff.

Nio’s vehicles cost between $40,000 USD to $70,000 USD in China based on today’s conversion rates, and with an import tariff of 100%, an imported vehicle’s price would be doubled to $80,000 USD to $140,000 USD, not including other fees. Chinese manufacturers will have to closely weigh the advantages and disadvantages of opening up the North American market, with challenges including vehicle hom*ologation, new tariffs, and a difficult EV market.

Tesla and Chinese Tariffs

Elon Musk recently visited China, engaging with officials to build a foundation for what is currently the world’s largest electric vehicle market. With the potential import of Chinese EVs becoming restricted to the United States, this places Tesla in an advantageous position over its Chinese competitors who have yet to establish their brands in North America.

On the other hand, this could also impact Tesla, as they import Chinese batteries for usage in some vehicles in the United States.

Tesla does not import Gigafactory Shanghai vehicles to the US, but has been increasing North American battery production lately, with expansions in Lathrop, California and a new facility in Sparks, Nevada.

Canadian Tariffs

In Canada, the Model 3 and Model Y are currently being imported from Gigafactory Shanghai. Given Canada’s close following of US foreign policy, this could impact either the prices of Tesla vehicles in Canada or have Tesla shipping vehicles from Fremont and Texas to the United States once again, should Canada also adopt a similar tariff policy.

Tesla is set to introduce restricted driver profiles in an upcoming update, aiming to improve safety for teenage drivers. Tesla hacker @greentheonly, also known as Green, recently decompiled the 2024.14.3 update, revealing the change.

Restricted Driver Profiles

Over the years, many people have asked Tesla to bring in restricted driver profiles, similar to Tesla’s currently existing Valet Mode. Valet Mode already serves to restrict the car’s maximum speed, reduces acceleration, and disables the use of Autopilot and FSD. The new restricted profiles will let you apply certain restrictions to driver profiles without the full-fledged restrictions of Valet Mode which also limits HomeLink, GPS history and more.

What Restricted Profiles Could Do

From Green’s post on X, restricted driving profiles will display “training wheels” next to the profile, indicating their usage for new drivers. The ability to add a maximum speed and enforced chill mode are expected to be part of the feature package.

Other restrictions that could also be implemented could include disabling the use of Autopilot and FSD, or perhaps requiring certain features to remain disabled or enabled, like disabling “Joe Mode”, frunk or glove-box access, summon, and locking Sentry Mode to active.

Given how easy it is to swap profiles on a Tesla, Tesla would need to prevent a user from switching from a restricted profile to a regular profile. Tesla could do this in a variety of ways, such as tying driver profiles to a key card or mobile device and requiring a PIN code to exit the restricted profile, much in the same way they do it in Valet Mode.

Enhanced Safety Implementations

Additional safety measures could include alerts that notify parents or guardians when the vehicle reaches its destination or exceeds set speed limits. Given that a Tesla can automatically call emergency services in a crash, this could be an excellent feature for ensuring the safety and security of young drivers on their own for the first time.

Release Date

Elon Musk has previously mentioned that FSD V12.4 is being rolled out sometime shortly, and given that Green has found this 2024.14.3, it could be coming very soon. The latest Tesla update being rolled out now is 2024.14.6.