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AP comparison

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Thanks to http://web.archive.org/, we can still figure out what was claimed for auto pilot 1.0

1.0
From Order a Tesla Model X | Tesla
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Autopilot Convenience Features
Dramatically improve the convenience and enjoyment of road trips and your commute by automatically piloting Model X at highway speeds and in stop-and-go traffic. Autopilot enables Model X to match your speed to traffic conditions, steer around curves within the lane and automatically changes lanes with a tap of the turn signal. Summon, a recently released Autopilot feature, enables Model X to automatically park and unpark itself, opening and closing the garage door automatically. Model X can also scan for parking spaces, alert you when one is available and parallel park on command.

2.0

Enhanced Autopilot
Enhanced Autopilot adds new capabilities to the Tesla Autopilot driving experience. The enhancements include going from one to four cameras for greater accuracy, redundancy, and to see fast-approaching vehicles in adjacent lanes. In addition, 12 ultrasonic sonar sensors provide 360 degree coverage around your car with almost twice the range and resolution of the prior version.

The significantly increased sensor information is processed by a computer that is over 40 times more powerful than before. Your Tesla will match speed to traffic conditions, keep within a lane, automatically change lanes without requiring driver input, transition from one freeway to another, exit the freeway when your destination is near, self-park when near a parking spot and be summoned to and from your garage. That said, Enhanced Autopilot should still be considered a driver's assistance feature with the driver responsible for remaining in control of the car at all times.

Enhanced Autopilot software is expected to complete validation and be rolled out to your car via an over-the-air update in December 2016, subject to regulatory approval.

Full Self-Driving Capability

This doubles the number of active cameras from four to eight, enabling full self-driving in almost all circumstances, at what we believe will be a probability of safety at least twice as good as the average human driver. The system is designed to be able to conduct short and long distance trips with no action required by the person in the driver's seat. For Superchargers that have automatic charge connection enabled, you will not even need to plug in your vehicle.

All you will need to do is get in and tell your car where to go. If you don't say anything, the car will look at your calendar and take you there as the assumed destination or just home if nothing is on the calendar. Your Tesla will figure out the optimal route, navigate urban streets (even without lane markings), manage complex intersections with traffic lights, stop signs and roundabouts, and handle densely packed freeways with cars moving at high speed. When you arrive at your destination, simply step out at the entrance and your car will enter park seek mode, automatically search for a spot and park itself. A tap on your phone summons it back to you.

Please note that Self-Driving functionality is dependent upon extensive software validation and regulatory approval, which may vary widely by jurisdiction. It is not possible to know exactly when each element of the functionality described above will be available, as this is highly dependent on local regulatory approval. Please note also that using a self-driving Tesla for car sharing and ride hailing for friends and family is fine, but doing so for revenue purposes will only be permissible on the Tesla Network, details of which will be released next year.
 
My read is Tesla on purpose made it sound like the software is ready and the only blocking issue is regulatory approval, but in reality the actual software rollout process will be much more delayed than anticipated, because the baking process for such a huge change is not as simple as preparing a shiny demo. Just look at the self driving car demo presented by Google, I think the demo is even more awesome(because there was no driver and the passenger was volunteers), but there is no even timeline to roll it out yet.
 
My read is Tesla on purpose made it sound like the software is ready and the only blocking issue is regulatory approval, but in reality the actual software rollout process will be much more delayed than anticipated, because the baking process for such a huge change is not as simple as preparing a shiny demo. Just look at the self driving car demo presented by Google, I think the demo is even more awesome(because there was no driver and the passenger was volunteers), but there is no even timeline to roll it out yet.
Tesla said that the auto-driving software should be ready by end of 2017.
 
Whether you like to hear or not -

AP1 hardware was out Sept 2014
Software out Oct 2015
Now it's Oct 2016 and some AP features are still missing / quirky / in beta

Just stating the facts. I can't tell what the future holds. APE/FSDC is much more complicated. One might argue the AP2 hardware with its supercomputer capability allows Tesla to move forward at accelerated speed. We'll see.
 
The self driving software will be ready long before regulatory approval allows it to be used to its full capability. Its roll out will need to be piecemeal as not all states may approve its use at the same time and may place different restrictions on its use. The first step will be allowing use under the direct supervision of a licensed driver. Allowing the cars to drive unsupervised to pick up your kids (for example) will be much farther down the line.