In a tweet posted early Thursday morning, Tesla chief executive Elon Musk said that prices for the Full Self-Driving (“FSD”) upgrade to Tesla vehicles would increase by roughly $2,000. It’s potentially an indication that the company is realizing that it needs to find new ways to make up for the rapidly diverging cost of the company’s electric vehicle hardware and the suite of software and services that are the ingredients for much of the secret sauce that make Tesla’s vehicles so popular. 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 To be clear, Tesla’s definition for fully self-driving cars is different from a fully autonomous vehicle.

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BING NEWS:
  • Tesla stock soars 12% after Elon Musk promises affordable EV
    Musk’s announcement was aimed at calming nervous investors on Wall Street who were still trying to digest the company’s most recent earnings report.
    04/24/2024 - 1:52 pm | View Link
  • Tesla (TSLA) surges on Elon Musk trying to ride AI wave
    Tesla’s stock (TSLA) surged 12% today, one of its best days in a long time, as Elon Musk tries to position Tesla to ride the artificial intelligence wave. In a rare occurrence, Tesla had a pretty bad ...
    04/24/2024 - 10:44 am | View Link
  • Elon Musk promises ‘more affordable models’ as Tesla revenue faces biggest drop since 2012
    Tesla stocks jumped on Tuesday after Elon Musk promised “more affordable” electric vehicle models following a drop in the company’s revenue in the first quarter by about nine per cent. The company’s ...
    04/23/2024 - 6:04 pm | View Link
  • Tesla profits have plummeted. Elon Musk remains all-in on robotaxis
    Tesla's sales are down. It's slashing car prices and laying off staff. Yet CEO Elon Musk remains bullish on a future that's self-driving and battery-powered.
    04/23/2024 - 2:14 pm | View Link
  • Tesla slashes price of self-driving technology to $99 despite Elon Musk claiming it would be worth $100,000
    Tesla has slashed the price of its self-driving technology to just $99 (£79.47) per month, despite claims that the feature would be worth $100,000 (£80,276) in the near future. The electric vehicle ...
    04/12/2024 - 9:50 pm | View Link
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