Tesla's Plan for Night Curfew and Speed Limiters: Teen Dilemma or Parental Relief? - Analyzing the Impact on Teens and Parents - Tesla (NASDAQ:TSLA)

Money | July 9, 2024, 3:54 a.m.

Tesla Inc. is set to release a new software update, version 2024.26, that will include parental controls such as a "Night Curfew" and speed limit settings. This update, aimed at enhancing safety and security, will allow parents to monitor their teenagers' driving habits, set maximum speed limits, and restrict acceleration. Features like a PIN-based system will also be introduced to enable these controls. This move aligns with CEO Elon Musk's focus on safety and comes as young drivers are particularly vulnerable to accidents. Tesla's stock has shown positive momentum as investors consider potential fundamental improvements. Overall, the introduction of parental controls reflects Tesla's commitment to prioritizing safety as it continues to expand its driver assistance technology towards autonomous driving.