{"id":24808,"date":"2024-04-13T05:50:07","date_gmt":"2024-04-13T05:50:07","guid":{"rendered":"http:\/\/107400708"},"modified":"2024-04-13T05:50:07","modified_gmt":"2024-04-13T05:50:07","slug":"tesla-slashes-price-of-its-premium-driver-assistance-option-by-half-in-u-s","status":"publish","type":"post","link":"https:\/\/wp.worldtechguide.net\/tesla-slashes-price-of-its-premium-driver-assistance-option-by-half-in-u-s\/","title":{"rendered":"Tesla slashes price of its premium driver assistance option by half in U.S."},"content":{"rendered":"<p><span class=\"HighlightShare-hidden\"><\/span><\/p>\n<div class=\"InlineImage-imageEmbed\" id=\"ArticleBody-InlineImage-107390734\" data-test=\"InlineImage\">\n<div class=\"InlineImage-wrapper\">\n<div>\n<p>Drivers charge their Teslas in Fountain Valley, CA, on Wednesday, March 20, 2024.<\/p>\n<p>Jeff Gritchen | Medianews Group | Getty Images<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">\n<p><span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-1\"><span class=\"waslinkname\">Tesla<\/span><span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"><\/span><\/button><\/span><\/span><\/span> said on Friday that it&#8217;s cutting the subscription price of its premium driver assistance system for customers in the U.S.<\/p>\n<p>Marketed as its Full Self-Driving, or FSD, package, Tesla customers will <span class=\"waslinkname\">now pay<\/span> $99 per month, down from $199 previously.<\/p>\n<p>The price cut is at odds with previous promises from CEO <span class=\"waslinkname\">Elon Musk<\/span>, who has repeatedly said that the cost of FSD would only go up as Tesla adds features and functionality to the system.<\/p>\n<p>&#8220;The FSD price will continue to rise as the software gets closer to full self-driving capability with regulatory approval,&#8221; Musk <span class=\"waslinkname\">wrote<\/span> on Twitter, now known as X, on May 18, 2020. He said at that point &#8220;the value of FSD is probably somewhere in excess of $100,000&#8221; per car.<\/p>\n<p>Despite its brand name, the company&#8217;s FSD option today doesn&#8217;t make Tesla vehicles autonomous or functional as robotaxis.<\/p>\n<p>Musk has promised shareholders and customers a robotaxi for years, and has said their existing vehicles would soon become self driving after an over-the-air software update.<\/p>\n<p>He told investors on a call<span class=\"waslinkname\"> in 2019<\/span> that autonomous driving would transform Tesla into a company with a $500 billion market cap, up from around $42 billion at that time. (The company is worth over $500 billion today even without having developed an autonomous car.) Tesla <span class=\"waslinkname\">raised<\/span> over $2 billion through debt and equity after the call.<\/p>\n<p>In a notice that&#8217;s now shown to some drivers through the touchscreen displays in their cars, Tesla says:<\/p>\n<div class=\"ArticleBody-blockquote\">\n<p>&#8220;Full Self-Driving (Supervised) can drive your Tesla almost anywhere. It will make lane changes, select forks to follow your navigation route, navigate around other vehicles and objects, and make left and right turns. It must be used with additional caution and an attentive driver. It does not make your vehicle autonomous. Do not become complacent.&#8221;<\/p>\n<\/div>\n<p>The company uses sensors in the steering wheel and cabin cameras, positioned above the rearview mirror, to determine if a driver is attentive or not, and will audibly alert drivers to keep their eyes on the road or hands on the wheel.<\/p>\n<p>In 2022, the California Department of Motor Vehicles formally accused&nbsp;<span class=\"waslinkname\">Tesla<\/span>&nbsp;of engaging in deceptive practices around the marketing of its driver assistance systems, including its standard package Autopilot and FSD in the U.S., according to filings with a state administrative agency.<\/p>\n<p>Meanwhile, <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-8\"><span class=\"waslinkname\">Alphabet<\/span><span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"><\/span><\/button><\/span><\/span><\/span>-owned Waymo is now <span class=\"waslinkname\">operating<\/span> commercial robotaxi services in several U.S. cities. The company also recently struck a partnership <span class=\"waslinkname\">with Uber Eats<\/span> for driverless food delivery. In China, Didi&#8217;s autonomous unit operates commercially in markets including Guangzhou. Companies including Bill Gates-backed Wayve in the U.K. and <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-11\"><span class=\"waslinkname\">Amazon&#8217;s<\/span><span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"><\/span><\/button><\/span><\/span><\/span> Zoox in the U.S. are testing robotaxis as well.<\/p>\n<p>In a&nbsp;<span class=\"waslinkname\">push for end-of-quarter sales<\/span>&nbsp;last month, Musk mandated that all sales and service staff install and demo FSD for customers before handing over the keys. He wrote in an email to employees, &#8220;Almost no one actually realizes how well (supervised) FSD actually works. I know this will slow down the delivery process, but it is nonetheless a hard requirement.&#8221;<\/p>\n<p>After that, Tesla also announced it would give away a one-month free trial of FSD to all customers in North America. Owners&#8217; responses to the latest version of FSD have been mixed with some fans impressed, and many safety-conscious drivers switching off the free FSD trial, viewing it as <span class=\"waslinkname\">inconsistent and unsafe<\/span>.<\/p>\n<p>Musk also recently promised to &#8220;unveil&#8221; a new dedicated robotaxi on Aug. 8. Tesla unveilings are marketing events, and don&#8217;t indicate a date for the start of production and deliveries. For example, Tesla unveiled a new version of the Roadster, and a fully electric heavy-duty truck called the Semi in 2017 and didn&#8217;t begin Semi deliveries until December 2022. It still hasn&#8217;t produced the new version of the Roadster.<\/p>\n<p>Tesla didn&#8217;t respond to a request for more information, including whether the price cut announced Friday is permanent or temporary.<\/p>\n<p><strong>WATCH:<\/strong> <span class=\"waslinkname\">Musk is trying to highlight the value that robotaxis could bring<\/span><\/p>\n<\/div>\n<div role=\"region\" aria-labelledby=\"Placeholder-ArticleBody-Video-107398560\">\n<div role=\"button\" id=\"Placeholder-ArticleBody-Video-107398560\" class=\"PlaceHolder-wrapper\" data-vilynx-id=\"7000336754\" data-test=\"VideoPlaceHolder\">\n<div class=\"InlineVideo-videoEmbed\" id=\"InlineVideo-0\" data-test=\"InlineVideo\">\n<div class=\"InlineVideo-wrapper\">\n<div class=\"InlineVideo-inlineThumbnailContainer\"><img decoding=\"async\" class=\"InlineVideo-videoThumbnail\" src=\"https:\/\/wp.worldtechguide.net\/wp-content\/uploads\/2024\/04\/tesla-slashes-price-of-its-premium-driver-assistance-option-by-half-in-u-s.jpg\" alt=\"Elon Musk is trying to highlight the value that robotaxis could bring: RBC Capital's Tom Narayan\"><span class=\"InlineVideo-videoButton\"><\/span><span><\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Drivers charge their Teslas in Fountain Valley, CA, on Wednesday, March 20, 2024. Jeff Gritchen | Medianews Group | Getty Images Tesla said on Friday that it&#8217;s cutting the subscription price of its premium driver assistance system for customers in the U.S. Marketed as its Full Self-Driving, or FSD, package, Tesla customers will now pay &hellip;<\/p>\n","protected":false},"author":1,"featured_media":24809,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"hashtags":[],"_links":{"self":[{"href":"https:\/\/wp.worldtechguide.net\/wp-json\/wp\/v2\/posts\/24808"}],"collection":[{"href":"https:\/\/wp.worldtechguide.net\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wp.worldtechguide.net\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wp.worldtechguide.net\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/wp.worldtechguide.net\/wp-json\/wp\/v2\/comments?post=24808"}],"version-history":[{"count":0,"href":"https:\/\/wp.worldtechguide.net\/wp-json\/wp\/v2\/posts\/24808\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wp.worldtechguide.net\/wp-json\/wp\/v2\/media\/24809"}],"wp:attachment":[{"href":"https:\/\/wp.worldtechguide.net\/wp-json\/wp\/v2\/media?parent=24808"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wp.worldtechguide.net\/wp-json\/wp\/v2\/categories?post=24808"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wp.worldtechguide.net\/wp-json\/wp\/v2\/tags?post=24808"},{"taxonomy":"hashtags","embeddable":true,"href":"https:\/\/wp.worldtechguide.net\/wp-json\/wp\/v2\/hashtags?post=24808"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}