edit: Upon closer reading, he explains it somewhat. Once they have enough data, the system will start braking on unknown objects with gradually increasing force as the confidence level rises. So basically, it will brake on unknown traffic signs but only slightly, as the confidence level shouldn't get too high, if I understand that correctly.
The last paragraph sounds technically challenging and interesting:
"Taking this one step further, a Tesla will also be able to bounce the radar signal under a vehicle in front - using the radar pulse signature and photon time of flight to distinguish the signal - and still brake even when trailing a car that is opaque to both vision and radar. The car in front might hit the UFO in dense fog, but the Tesla will not."
edit: it seems like they are already doing it beginning with this update: "Now controls for two cars ahead using radar echo, improving cut-out response and reaction time to otherwise-invisible heavy braking events". that sounds awesome.