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All Tesla Motors Inc Cars Will Now Feature Self-Driving Hardware (TSLA)

The latest product announcement from Tesla Motors Inc (ticker: TSLA) is also a product integration one. The Elon Musk-led company's vehicles (Model 3 included) will now all include its self-driving hardware.

A company blog post Wednesday touted features of this hardware, including:

-- Eight surround cameras with 360-degree visibility around the car (as much as 250 meters of range)

-- 12 updated ultrasonic sensors

-- Forward-facing radar that features enhanced processing that can look past heavy rain and fog

TechCrunch notes the largest change could be the new computer in the vehicles, with more than 40 times the computing power of the earlier generation. A glimpse of what the autonomous Tesla can do be viewed here.

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While Model S and Model X vehicles that have the new hardware are currently in production and can be purchased now, the new features aren't active just yet.

The company plans to test-drive the features further through millions of miles of real-world driving in an effort to emphasize safety and convenience, according to the same blog post. This means Tesla vehicles that have new hardware won't include some features of Teslas with first-generation Autopilot currently. These features will enter cars over the air, in addition to new features.

This "full autonomy will enable a Tesla to be substantially safer than a human driver," according to a company blog post.

This comes after an update to is Autopilot program following backlash from a self-driving car fatality in May.

Elon Musk had teased a product unveiling for Monday of this week, then later pushed it back to Wednesday for "a few more days of refinement."

Tesla stock is down 17 percent since January, and dropped 2.3 percent on Thursday.

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