Friday, 30 October 2020

Tesla's 'Full Self-Driving' is now a lot pricier

Tesla's 'Full Self-Driving' is now a lot pricier

Elon Musk wasn't kidding. Tesla's Full Self-Driving (FSD) set of features has become more expensive, increasing from $8,000 to $10,000. 

Musk announced this a few weeks ago, but the price hike actually happened a week later than anticipated. The company has been steadily increasing the price of FSD throughout the years; in April 2019, it went up from $5,000 to $6,000; in November it went up to $7,000, and in May of this year, the price was hiked by another $1,000

Musk has long held the view that FSD will become far more valuable (more than $100,000 eventually) as full-self driving features get regulatory approval. The idea is that once the car can drive itself, it can join a fleet of "robotaxis" that could earn its owner money while they aren't using it. Read more...

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