Tesla shifts its full self-driving service to a subscription-only model. Tesla CEO Elon Musk said the company will end outright purchases of FSD in February.
Tesla, Inc. pivots FSD to a subscription-only model, removing the $8,000 upfront fee to drive adoption and recurring high-margin revenue. TSLA faces regulatory headwinds, competitive threats from China, and scrutiny over FSD safety, yet continues to outperform peers in the Magnificent 7. Despite a premium valuation, with a forward P/E of 349x and EV/Sales of 15.4x, I remain bullish about TSLA stock in the long term due to robotics and AI catalysts.
Tesla expands into Estonia and Latvia with service-focused subsidiaries, laying the groundwork for future vehicle deliveries.
Starting in February, Tesla will no longer offer the option to purchase Full-Service Driving for a one-time fee.
Auto safety regulators last year opened an investigation into 2.88 million Tesla vehicles equipped with its FSD system.
Tesla ( NASDAQ:TSLA ) stock surged to a new all-time high of $498.83 in December, driven by optimism around its artificial intelligence (AI), robotics, and energy initiatives.
Our multi-faceted evaluation indicates that it might be an appropriate moment to divest from TSLA stock. In general, we hold a negative outlook on the stock, and a price target of $300 seems plausible.
CEO Elon Musk said Tesla will only sell its FSD as a $99 monthly subscription, removing the ability to buy the service outright. The move has financial and strategic benefits.
Tesla is removing the option to pay a one-time fee for its Full Self-Driving (Supervised) driver assistance software, CEO Elon Musk announced Wednesday. Going forward, the only way to access the feature will be through a monthly subscription
Elon Musk wants the world to view Tesla Inc. (NASDAQ: TSLA) as a robotics and artificial intelligence company.
Elon Musk said Tesla will make FSD subscription-only and remove the option to buy it outright. Tesla is struggling to get owners to pay for the assisted driving tech.
The electric-vehicle maker currently offers the advanced driver assistance features for a one-time payment of $8,000 or a subscription of $99 a month in the U.S.