Tesla Inc (NASDAQ:TSLA) will stop offering its Full Self-Driving (FSD) software as a one-time purchase from mid-February and will instead make it available exclusively through a monthly subscription, chief executive Elon Musk said on Wednesday.
In a post on X, Musk said Tesla will “stop selling FSD after Feb 14. FSD will only be available as a monthly subscription thereafter,” indicating the company plans to discontinue the upfront purchase option for the software.
At present, Tesla prices FSD at $8,000 for a single purchase, while also offering a subscription plan costing $99 per month, according to the company’s website. Tesla has progressively reduced the subscription price in recent years, a move widely seen as aimed at encouraging broader uptake.
FSD is an optional software package that enhances Tesla vehicles with advanced driver-assistance capabilities beyond the standard Autopilot features. Despite its branding, the system is not fully autonomous, and Tesla markets it with a “Supervised” label to highlight that drivers must remain attentive and ready to intervene.
Musk has repeatedly pointed to autonomous driving and robotics as key pillars of Tesla’s long-term growth strategy, particularly as the company faces a prolonged slowdown in vehicle sales over the past two years.
Join the discussion: Connect with other investors on your favorite stocks or explore the top-talked-about stocks on our Breakout Boards.
This article was written by the editorial team at InvestorsHub/ADVFN and is provided for informational purposes only. In some cases, editorial staff may use artificial intelligence–based tools to assist in the research, drafting, or editing of content, under human review and oversight. This article does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. The views expressed are based on publicly available information believed to be reliable at the time of publication, but accuracy or completeness is not guaranteed. Readers should conduct their own independent research and consult a qualified financial professional before making any investment decisions.
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.