Tesla Releases Subscription for FSD (Full Self Driving) for $199
Tesla Updates Its Website With FSD Subscription
Tesla has just updated its website and we are seeing Twitter users posting images and details of Tesla launching their full self driving subscription. It starts at $199 a month. This means that in order for the $10,000 full self driving to be worth it, you will want to own your car for more than 4 years.
This is kind of a bummer for those owners who recently bought a Tesla and the entire FSD package without the subscription who may not own their car for 4 years or more.
— Sawyer Merritt (@SawyerMerritt) July 17, 2021
FSD subscriptions are only available to eligible vehicles in the United States. Tesla mentions to check the Tesla app for updates.
The nice thing is that you can cancel your FSD subscription anytime and get it for the remainder of the month. Then re-enable it when you want to use it again. Refunds for those who purchased all of Tesla FSD upfront do not appear to be offered at this time.
For those select customer who have the enhanced version of autopilot, they will pay $99 while the rest of us will pay the $199 for the Tesla FSD subscription. Enhanced autopilot is only available in select markets.
There's also the option for older Tesla vehicles to upgrade their hardware, for $1,500, to be able to take advantage of Tesla's vision only system for FSD and to get a Tesla FSD subscription.
This is a bullish sign for Tesla and full self-driving and could mean that robotaxis will be an option sooner than we think. What do you think about Tesla offering FSD subscriptions? Will it significantly add to Tesla's earnings? Are robotaxis coming sooner than we think?
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Jeremy Johnson is a Tesla investor and supporter. He first invested in Tesla in 2017 after years of following Elon Musk and admiring his work ethic and intelligence. Since then, he's become a Tesla bull, covering anything about Tesla he can find, while also dabbling in other electric vehicle companies. Jeremy covers Tesla developments at Torque News. You can follow him on Twitter, Facebook, LinkedIn and Instagram to stay in touch and follow his Tesla news coverage on Torque News.