CEO announces new update for 2014 models

Elon Musk, CEO of Tesla Motors, has announced the availability of a new update.

With this new update, all Teslas built after September of 2014 have some amount of self-driving capability.

READ: Toyota finally joins the business of self-driving cars!

It takes five days for this update to be complete.

About two weeks ago, October 7th, Elon revealed news about two new cars in development.

In his tweet, he said that one of these cars is the Model 3, expected to be an electric alternative to the BMW 3-Series.

We will let you know what other plans Tesla has up it's sleeves.