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Tesla has started pushing its new Full Self-Driving (FSD) v12.4 update, and it confirmed the removal of the “steering wheel nag”, but it improved camera-based driver monitoring, including shutting down the sunglasses loophole.

As usual, Elon Musk has been hyping up the next Tesla FSD update as “mind-blowing”, but this time, he went beyond the superlatives and released a few verifiable details about the update.

Musk said that v12.4 should result in a 5 to 10x improvement in miles per intervention. It’s going to be hard to verify because Tesla never released that data for previous versions of the software, but we do have some crowdsourced data that we could compare it to.

The CEO also said that v12.4 would remove what most people call “steering wheel nag.”

“Steering wheel nag” is what Tesla drivers call the alerts the vehicle sends to remind drivers to apply pressure on the steering wheel. Tesla doesn’t have a way to detect hands on the steering wheel, so it can “confirm” drivers keep their hands on it – by detecting torque being applied on the wheel.

Tesla has started to push the update to its internal fleet this weekend and now we have more details about the changes in driver monitoring.

The automaker wrote in the release notes of the update (via Not a Tesla App):

When Full Self-Driving (Supervised) is enabled, the driver monitoring system now primarily relies on the cabin camera to determine driver attentiveness. This enhancement is available on vehicles equipped with a cabin camera and only when the cabin camera has clear and continuous visibility of the driver’s eyes (e.g., the camera is not occluded, there is sufficient cabin illumination, and the driver is looking forward at the road ahead and not wearing sunglasses, a hat with a low brim, or other objects covering the eyes).

Tesla warns that there will still be some steering wheel nag if outside of the circumstances listed above:

Outside of these circumstances, the driver monitoring system will continue to rely on a combination of torque-based (steering wheel) and vision-based monitoring to detect driver attentiveness.

The automaker also commented on how the camera-based driver monitoring is going to work:

If the camera detects the driver to be inattentive, a warning will appear. The warning can be dismissed by the driver immediately reverting their attention back to the road ahead. Warnings will escalate depending on the nature and frequency of detected inattentiveness, with continuous inattention leading to a Strikeout.

While we have yet to see this in practice, it does sound like Tesla might be relaxing the frequency of alerts on that front, too, as long as the driver is paying attention.

Tesla is trying to reassure everyone that the camera data from the cabin doesn’t leave the vehicle:

Cabin camera images do not leave the vehicle itself, which means the system cannot save or transmit information unless you enable data sharing.

Tesla is expected to start pushing the v12.4 update to the wider fleet this week.

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Tesla wipes odometer on Cybertruck in service, scratches it, and returns it to owner

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Tesla wipes odometer on Cybertruck in service, scratches it, and returns it to owner

Tesla has wiped off the 26,000 miles on the odometer of a Cybertruck in service, scratched the vehicle, and then returned it to the owner like nothing happened.

A Tesla Cybertruck owner in Oregon was quite surprised when he went to pick up his Cybertruck, which was in service to install a new lightbar, fix some panel gaps, and figure out an ABS alert that wouldn’t go away.

According to a thread on the Cybertruck Owners Club, Tesla had wiped the odometer clean on the Foundation Series ‘Cyberbeast’, which had over 26,000 miles on it.

The owner shared a video of the Cybertruck’s odometer going from 0 to 1 mile for the second time:

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The odometer on the vehicle was wiped and both the app and service many also showed the same mileage.

The owner shared a screenshot of the app after 15 miles:

He went to the online forum for advice:

Anyone else have their odometer Thanos-snapped after a controller swap? Can Tesla unsnap it or am I forever “True Mileage Unknown”?

Interestingly, Tesla is currently being sued for allegedly messing with the odometers of its vehicles. However, the lawsuit is for accelerating the mileage, not reducing it, like in this case.

It was not the only surprise from this service visit for this Cybertruck owner.

The owner was not satisfied with the lightbar installation, which he claims has a half-inch gap on the passenger side while it is flush on the driver side. He wrote:

It’s basically smiling sideways at everyone.

It’s also unclear why Tesla was messing with the vehicle’s tailgate, but it ended up having a bolt moving around it, causing scratches and Tesla left a bolt unbolted:

At this point, the truck was returned with more problems than it had when it entered service.

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Ray Dalio says the risk to U.S. Treasuries is even greater than what Moody’s is saying

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Ray Dalio says the risk to U.S. Treasuries is even greater than what Moody's is saying

Ray Dalio, founder of Bridgewater Associates LP, speaks during the Greenwich Economic Forum in Greenwich, Connecticut, US, on Tuesday, Oct. 3, 2023.

Bloomberg | Bloomberg | Getty Images

Bridgewater Associates founder and billionaire Ray Dalio warned Monday that Moody’s downgrade of the U.S. sovereign credit rating understates the threat to U.S. Treasuries, saying the credit agency isn’t taking into account the risk of the federal government simply printing money to pay its debt.

“You should know that credit ratings understate credit risks because they only rate the risk of the government not paying its debt,” Dalio said in a post on social media platform X.

“They don’t include the greater risk that the countries in debt will print money to pay their debts thus causing holders of the bonds to suffer losses from the decreased value of the money they’re getting (rather than from the decreased quantity of money they’re getting),” the Bridgewater founder said.

Moody’s on Friday cut the U.S. credit rating one notch to Aa1 from Aaa, citing the federal government’s ballooning budget deficit and soaring interst payments on the debt. It was the last of the three major credit agencies to downgrade the U.S. from the highest possible rating.

U.S. stocks fell on Monday as the 30-year Treasury bond yield jumped to 4.995% and the 10-year note yield climbed to 4.521% in response to Moody’s downgrade.

“Said differently, for those who care about the value of their money, the risks for U.S. government debt are greater than the rating agencies are conveying,” Dalio said.

Bridgewater’s assets under management dropped 18% in 2024 to some $92 billion, Reuters reported in March, down from a recent peak of $150 billion in 2021.

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Nissan may have just found its saviour… Toyota?

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Nissan may have just found its saviour… Toyota?

Nissan is on the brink of collapsing. After the Honda deal fell through, it looks like another Japanese automaker is tossing it a lifeline. As Nissan struggles to stay afloat, Toyota is emerging as a potential “backer” in a new tie-up.

Are Toyota and Nissan partnering?

“If we don’t take action now, the situation will only get worse,” Nissan’s President, Ivan Espinosa, said during a press conference on May 13.

Facing falling sales, ballooning debt, and slumping profits, Nissan introduced a new recovery plan last week, “Re:Nissan.” The struggling automaker aims to cut costs by 250 billion yen to return to profitability by FY 2026.

As part of its efforts to turn the business around, Nissan will cut 20,000 jobs by FY2027. It’s also abandoning plans to build a new EV battery facility in Japan. Seven other plants will be closed, including one in Thailand and two in Japan.

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After its planned EV merger with Honda fell through in February, rumours surfaced that Nissan was scrambling to find another partner.

Nissan-Toyota-partnership
(Source: Nissan)

According to a new report from Japan’s MainiChi, a Toyota executive recently reached out to Nissan about a potential partnership. The tie-up could involve Toyota acting as Nissan’s “backer” to support it while it restructures.

Nissan and Toyota both unveiled a wave of new electric vehicles set to roll out over the next few years. The upgraded Nissan LEAF EV will arrive in the US and Canada later this year with more range, an NACS port, and a new crossover style. It will be one of ten new Nissan or Infiniti models to arrive by 2027.

Nissan-Toyota-partnership
Nissan’s upcoming lineup for the US, including the new LEAF EV and “Adventure Focused” SUV (Source: Nissan)

In Europe, Nissan will launch the next-gen LEAF later this year, followed by the new Micra EV and Qashqai electric crossover. In 2026, the new Nissan Juke EV will join the lineup.

Nissan-Toyota-EV-partnership
Nissan’s lineup for Europe. From left to right: The new Nissan Qashqai, LEAF, and Micra EV (Source: Nissan)

Meanwhile, Toyota’s upgraded bZ electric SUV (formerly the “bZ4X”) will arrive at US dealerships in the second half of 2025.

In 2026, the smaller C-HR electric SUV and rugged bZ Woodland EV will follow. By the end of the year, Europe will see three new Toyota electric SUVs: the C-HR+, Urban Cruiser, and upgraded bZ4X.

Electrek’s Take

Toyota already has a stake in several Japanese automakers, including Subaru (20%), Mazda (5.1%), Suzuki (4.6%), and Isuzu (5.9%), so backing Nissan wouldn’t come as a shock.

Espinosa said Nissan was open to new partnerships. Nissan’s chief said the company will continue collaborating with others, including Mitsubishi, which will use the upcoming LEAF as the basis for its new EV for North America.

Japanese carmakers have been notoriously slow in shifting to all-electric vehicles, which is now costing them in key overseas markets like Southeast Asia, Central and South America, and others.

Chinese EV leaders, like BYD, are quickly expanding overseas to drive growth this year. Next year, it will launch its first kei car (see the first spy shots), or mini EV, which is already being called “a huge threat” to Japan.

Pooling resources and teaming up may be the best (or only) option at this point. Can Toyota help Nissan turn things around? Or will it be too little, too late? Let us know your thoughts in the comments.

Check back soon for details. This is a developing story. We’ll keep you updated with the latest.

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