Elon Musk Says Tesla Will Raise FSD Price By 25% In September

Elon Musk Says Tesla Will Raise FSD Price By 25% In September
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Tesla CEO Elon Musk announced on Sunday a 25% increase in the price of the company’s premium driver assistance system, which is marketed under the name Full Self-Driving or FSD. The price will increase to $15,000 from $12,000 on September 1. 5, Musk said in a tweet.

This day, Tesla charges customers $12,000 up front for FSD, or $199 per month for subscription.

Musk did not immediately mention an increase in the cost of FSD subscriptions, and Tesla did not respond to a request for more information.

All new Tesla vehicles come with a standard driver assistance package called Autopilot, which includes features such as “Traffic Aware Cruise Control” and “Autogyro”. These rely on cameras, other sensors, hardware, and software to automatically keep a Tesla vehicle centered in its lane and traveling at the speed of surrounding traffic.

Tesla’s highest-priced driver assistance option, FSD, includes what the company calls “Stop and Traffic Sign Control” and “Navigate on Autopilot” among its features.

These more advanced features are intended to allow Tesla cars to automatically detect and slow down for traffic signals and signals; Navigate from freeway on-ramp to freeway off-ramp while activating turn signals; make lane changes and take exits.

Tesla tells drivers to remain vigilant and be prepared to take control of their cars’ steering and braking at any time while using Autopilot or FSD. Its technology does not make Tesla vehicles autonomous.

A Tesla feature called smart summon allows drivers to use a smartphone and the Tesla mobile app as a remote to call their car from across a parking lot and drive slowly, with no one behind the wheel, to where they are stopped.

While some FSD features are also included in a lower-priced option called Enhanced Autopilot, or EAP, only Tesla customers who purchase or subscribe to the premium option can request access to FSD Betaan experimental version of Tesla’s system.

FSD Beta users are supposed to achieve a high “Security Score” from Tesla to gain and maintain access to the system.

Tesla’s approach has drawn criticism and regulatory scrutiny from the National Highway Traffic Safety Administration and the California Department of Motor Vehicles alike.

Still, the company is moving ahead and making a limited release of the latest version of the FSD Beta, to a relatively small group of users, Musk also tweeted on Sunday.

He previously wrote on Twitter: “There are a lot of breaking code changes so this will be a very cautious release. Release August 20th to ~1000 Tesla owners, then 10.69.1 next week to accommodate feedback and release to ~10k customers, then 10.69.2 week later and release to rest of FSD Beta”.

Owners who gain access to FSD Beta can submit feedback to the company through their cars when the system crashes or malfunctions. Tesla previously said that 100,000 drivers had already installed FSD Beta.

Tesla plans to make the FSD Beta even more mainstream.

At the 2022 Tesla Annual Meeting of Stockholders August 4Musk said that FSD Beta will be available to anyone who requests it later this year. Here is a quote from the Thomson Financial meeting transcript:

“We’re still doing a lot of tracking to have a widespread rollout of FSD Beta this year in North America. So basically I have to say that FSD will be available to anyone who requests it by the end of this year.”

Among those receiving the limited release update this weekend are the widely followed social networks. influential people who sell Tesla products and post ad-supported videos on YouTube channels reviewing the latest Tesla releases and more.

Since 2016, the NHTSA has opened 38 investigations into collisions involving a Tesla vehicle in which driver assistance systems, including Autopilot and more advanced systems, were thought to be a factor. Nineteen deaths were reported as part of those Tesla-involved collisions under investigation.

Separately, the California DMV recently charged Tesla with deceptive marketing practices regarding the characteristics of its vehicles, and is conducting a technical review of Tesla’s systems, including FSD Beta.

Ashok Elluswamy, director of autopilot software at Tesla, said on Twitter this weekend that “autopilot prevents ~40 accidents/day in which human drivers mistakenly press the throttle to 100% instead of the brakes.” Tesla does not generally make data about its systems available to outside researchers to confirm its claims.

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