Posted 4/13/2024, 1:54:00 AM
Tesla Slashes Price of Full Self-Driving Subscription to $99 Per Month
- Tesla cut the price of its Full Self-Driving (FSD) subscription from $199 to $99 per month
- Lower price could increase FSD subscriptions but Tesla would need to double subscription volume to increase revenue
- Lower price may convince more customers to subscribe vs paying $12k upfront for FSD
- FSD is still a Level 2 system requiring human monitoring and intervention
- Tesla stock edged up slightly after the FSD price cut announcement
