Elon Musk's Tesla Might Consider Slashing FSD Subscription To $99: Survey
In a recent social media post on X by Troy Teslike, it was suggested that Tesla Inc (NASDAQ:TSLA) might be contemplating a significant reduction in its Full Self-Driving (FSD) subscription from $199/month to $99/month.
What Happened: Teslike, the operator of a data-driven platform for Tesla delivery estimates, stated, “It appears Tesla might be considering reducing the price of Full Self-Driving (FSD) from $199/month to $99/month. I believe this would be quite popular.”
He disclosed that a survey he conducted in May 2021, two months prior to Tesla launching the FSD subscription option, revealed $99 as the most favored choice among potential subscribers.
The survey results indicated a strong preference for the $99/month option, with 56.9% of respondents choosing it. The $129/month and $159/month options garnered 17.6% and 7.4% of the votes respectively, while the existing $199/month price point was favored by 18% of the respondents.
With an average error rate of 1.2% for Tesla’s production and 2.7% for deliveries, Teslike’s platform lends considerable weight to his survey results.
Why It Matters: Tesla’s FSD technology has been a significant point of discussion in recent times. In April, a senior executive at Tesla hinted at a potential shift in the company’s approach to autonomous vehicle regulation, suggesting that they might be willing to share data to demonstrate the safety benefits of FSD.
Furthermore, Tesla’s FSD software appears to have been deployed on approximately 2 million vehicles in the U.S. alone. Despite this, no automaker seems interested in licensing Tesla’s FSD technology, as reiterated by CEO Elon Musk in early April.
Image Via Shutterstock
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Posted-In: Elon Musk Kaustubh Bagalkote mobility Tesla Troy TeslikeNews Tech General
