Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk acknowledged on social media Friday the delay in implementing the two-factor security layer on the automaker’s mobile app.
What happened
‘Sorry, this is embarrassing at last. Two-factor verification via SMS or authenticator app is currently going through final validation, ”Musk said, responding to the tweets of his followers.
It’s not immediately clear from Musk’s announcement whether Tesla will choose to implement two-factor authentication via text messaging or a phone authentication app, such as one created by Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG). Users may have the option to opt for both mechanisms as well.
The company’s app provides critical functionality to drivers, including giving them access to the cars and enabling them to check battery charges.
Why it matters
Two-factor authentication adds a different layer of security to a website than an app, which can prevent unauthorized entry in case a user’s password is compromised.
The two-factor authentication phone authentication method is considered safer than text message authentication, TechCrunch noted earlier.
Musk first mentioned two-factor verification in May 2019 and said in April that it was “coming soon.” Tesla owners have become more concerned about the safety measure, according to TechCrunch.
No. Twitter Inc’s (NYSE: TWTR) platform was hijacked in July, affecting several high-profile accounts, including Musk’s, cybersecurity experts recommend two-factor authentication, along with other measures to protect critical apps.
Price action
Tesla shares closed nearly 1.8% higher at $ 1,650.71 on Friday and fell nearly 0.3% in the after-hours session.
Photo courtesy: Steve Jurvetson on Flickr
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