Tesla Inc. (NASDAQ:TSLA) is reportedly working on a new software update that will include parental controls, in a bid to enhance safety and security. The update, rumored to be version 2024.26, will introduce features such as a “Night Curfew” and speed limiters.
The update, which is said to have been released to employees on Wednesday, will also include a PIN-based system for enabling these features.
These controls are designed to help parents enforce curfews and monitor their teenagers’ driving habits. They will also allow parents to set a maximum speed limit and reduce acceleration, similar to the existing “Valet Mode” option. Other features will prevent drivers from disabling speed limits and collision warnings, or automatic emergency braking.
The update is also expected to be beneficial for Tesla owners who rent out their vehicles or lend them to others. The new features will add to the existing Tesla-specific features, such as Sentry mode, which starts streaming a recording on the app if the vehicle is hit.
Tesla did not immediately respond to Benzinga's request for comment.
Price Action: Tesla Inc.'s stock closed at $252.94 on Monday, up 0.56% for the day. In after-hours trading, the stock dipped slightly to $252.71. Year to date, Tesla's stock has increased by $4.52, representing a 1.82% gain, according to data from Benzinga Pro.
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This story was generated using Benzinga Neuro and edited by Kaustubh Bagalkote
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