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.
Tesla CEO Elon Musk said on Wednesday that the electric vehicle maker's full self-driving (FSD) software will only be available as a monthly subscription after February 14.
Tesla launches Model Y Standard Long Range RWD in Europe pairing long range, efficiency and lower pricing.
Tesla leads the US electric vehicle market with a 59% share, after the end of federal incentives. Ford, Rivian, and General Motors struggle with low EV market share and profitability issues.