Posted 3/26/2024, 6:19:59 PM
Tesla Offers Free Self-Driving Trials to Boost Sales Amid Falling Demand
- Tesla shares rose 4% after Musk offered free 1-month trial of Full Self-Driving (FSD) software to US customers
- Move comes ahead of expected disappointing Q1 delivery numbers showing effects of price cuts waning amid softening demand
- Musk also told employees to offer FSD demos to new buyers and vehicles coming in for service
- FSD software not fully autonomous and requires driver supervision; also offered via $199 per month subscription
- In Dec, Tesla recalled over 2M vehicles in US to upgrade Autopilot system safety after NHTSA probe over crashes with stationary emergency vehicles