Yahoo News Tesla CEO Elon Musk Announces $2000 Price Hike for Full Self-Driving
Tesla CEO Elon Musk announced a $2000 price bump for FSD is coming onThursday.
The automaker expanded its closed beta last night to more drivers.
Recently Tesla rewrote the FSD software and Musk says it should be ready for all compatible Teslas by year's end, meaning those that already have version 3.0 or newer of the cars' hardware.
Update 10/24/20: Musk seems to have changed his mind about the timetable surrounding the price increase of FSD for Autopilot. The Tesla CEO tweeted "Price change is pushed to Thursday next week" indicating October 29 instead of October 26.
Price change is pushed to Thursday next week. Applies only to US for now. One week clock will start in other countries as beta is released. FSD monthly rental will also be available sometime next year.
— Elon Musk (@elonmusk) October 22, 2020
Musk also added clarification that the price increase is currently only for the United States and that other regions would get a week between the release of the FSD beta before the price increased. He also adjusted the timetable of FSD subscriptions. They will now go live sometime next year. Earlier this year the CEO said they would be available before the end of 2020.
After announcing that Tesla would be expanding its closed beta of the Full Self-Driving (FSD) feature for Autopilot and pushing it out to more owners last night, the automaker will soon increase the price of the feature by $2000, according to CEO Elon Musk. The current price is $8000 (after a $1000 increase in July), which means if you don't buy by Monday, October 26, the option will cost a bank-busting $10,000.
Now that Tesla FSD beta is out in limited release, FSD price (new or upgrade) will go up by ~$2k on Monday
— Elon Musk (@elonmusk) October 22, 2020
Based on Tesla's practices, the price increase is not that surprising. Musk has frequently talked about how the cost of FSD would go up. Still, Tesla has been selling the FSD feature for years without releasing it, and drivers are buying. The upside for many is that they can sign up to be early beta testers of the feature before it goes live to everyone. Last night, some beta testers shared images and videos of their experience with the new FSD system, including a warning that the feature "may do the wrong thing at the worst time" that tells the drivers to keep their hands on the wheel.
.@elonmusk you mad man. You did it. Full self driving is here. Myself and @tesla_raj minds are blown. pic.twitter.com/BZqiQjzl7g
— Tesla Owners Of Silicon Valley (@teslaownersSV) October 22, 2020
Advice that looks like it isn't always being followed. As commenters have noted on Twitter and elsewhere, it's not just for those in the vehicle but also other vehicles, pedestrians, and cyclists.
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