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Tesla (TSLA) Pushes 2021 Holiday Update to Legacy Model S/X

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Tesla (TSLA - Free Report) has kicked off the holiday season with a bang. The automaker recently started the rollout of its 2021 Holiday Update, which includes the Software Version 11.0 upgrade as well as something for non-Tesla owners.

Unfortunately, not all Tesla cars have received this latest Holiday Update, with the legacy Model S and X vehicles being left out. Nonetheless, it now appears that Tesla has started to push the V11 software update to some of its pre-refresh Model S and Model X. Images of the new software running the updated system in legacy Model S and X were shared online.

Software V11 can be considered as one of the most extensive holiday releases by Tesla till date, having several bigger-than-usual updates. The company is introducing some innovative features, spanning from a new Light Show function and new games to blind-spot monitoring camera functions and a customizable app launcher.

Some of these features, such as Sentry Mode Live Camera Access, Blind Spot Camera, Light Show and Auto Seat Heaters, are not available for legacy Model S and Model X cars equipped with MCU1 units. Pre-refresh Model S and Model X cars are integrated with MCU2 infotainment systems, i.e., they have Intel Atom Processor, are capable of receiving more features from the V11 update, like Subwoofer Tunability, Edit Waypoints, access to TikTok, Sonic the Hedgehog, Sudoku, to name a few.

Irrespective of their infotainment system, all Tesla vehicles are to receive Dark Mode, a customizable app launcher, the ability to hide map details, and cold weather improvements with the V11 rollout. The V11 update is currently available for free-of-cost download over the air,.

The light Show feature is also available to non-Tesla vehicle owners as the automaker published the open-source software called xLights that was used to create the feature. Anyone can use the feature to create a light show and upload it to their car.

Zacks Rank & Other Key Picks

Tesla currently flaunts a Zacks Rank of 1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Some other stocks in the auto space that investors can consider include Goodyear Tire (GT - Free Report) , LCI Industries (LCII - Free Report) and LKQ Corporation (LKQ - Free Report) . While Goodyear Tire flaunts a Zacks Rank of 1, LCI Industries and LKQ Corp carry a Zacks Rank of 2 (Buy).

Goodyear has an expected earnings growth rate of 196.86% for the current year. The Zacks Consensus Estimate for its current-year earnings has been revised upward by 80 cents in the past 60 days.

Goodyear’s earnings beat the Zacks Consensus Estimate in the last four quarters. GT has a trailing four-quarter earnings surprise of 228.45%, on average. GT shares have surged 107.6% in the past year.

LCI Industries has an expected earnings growth rate of 67.95% for the current year. The Zacks Consensus Estimate for its current-year earnings has been revised upward by 45 cents in the past 60 days.

LCI Industries’ earnings beat the Zacks Consensus Estimate in three of the last four quarters while missing once. LCII has a trailing four-quarter earnings surprise of 10.09%, on average. LCI stock has increased 13.6% in the past year.

LKQ Corp has an expected earnings growth rate of 51.76% for the current year. The Zacks Consensus Estimate for its current-year earnings has been revised upward by 18 cents in the last 60 days.

LKQ Corp’s earnings beat the Zacks Consensus Estimate in the last four quarters. LKQ has a trailing four-quarter earnings surprise of 34.37%, on average. LKQ has rallied 65.9% in the past year.

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