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<blockquote data-quote="Weather Man" data-source="post: 16716995" data-attributes="member: 137766"><p><h3>Tesla raises price of "Full Self-Driving" software to $12,000</h3><p>Jan. 09, 2022 2:36 AM ET<a href="https://seekingalpha.com/symbol/TSLA?source=content_type%3Areact%7Csection%3Amain_content%7Csection_asset%3Ameta%7Cfirst_level_url%3Anews%7Csymbol%3ATSLA" target="_blank">Tesla, Inc. (TSLA)</a><a href="https://seekingalpha.com/author/sa-editor-yoel-minkoff?source=content_type%3Areact%7Csection%3Amain_content%7Csection_asset%3Ameta%7Cbutton%3Aauthor_name%7Cfirst_level_url%3Anews" target="_blank">By: Yoel Minkoff</a>, SA News Editor<a href="https://seekingalpha.com/news/3786445-tesla-raises-price-of-full-self-driving-software-to-12000#comments" target="_blank">49 Comments</a></p><p></p><p><img src="https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1150569888/medium_image_1150569888.jpg" alt="Teslas Stock Hits Two And Half Year Low As Analysts Continue Downgrading The Company" class="fr-fic fr-dii fr-draggable " style="" /></p><p>Justin Sullivan/Getty Images News</p><p></p><p></p><ul> <li data-xf-list-type="ul">"Tesla FSD price rising to $12k on Jan 17. Just in the US," <a href="https://twitter.com/elonmusk/status/1479590995595517958" target="_blank">tweeted</a> Elon Musk on Saturday. "FSD price will rise as we get closer to FSD production code release."</li> <li data-xf-list-type="ul">The premium driver assistance package, marketed as "Full Self-Driving," or FSD, currently costs $10,000 up-front, or $199 per month for most customers. "Monthly subscription price will rise when FSD goes to wide release," Musk added in the tweet thread. Tesla (NASDAQ:<a href="https://seekingalpha.com/symbol/TSLA?source=content_type%3Areact%7Csection%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews" target="_blank">TSLA</a>) began testing FSD in Beta in October 2020, when it was priced at $8,000 for a select group of customers, but increased the price to $10,000 shortly thereafter. <a href="https://seekingalpha.com/news/3785869-electric-vehicle-reset-as-auto-giants-gm-ford-and-volkswagen-charge-in?source=content_type%3Areact%7Csection%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews" target="_blank">Electric vehicle reset as auto giants GM, Ford and Volkswagen charge in.</a></li> <li data-xf-list-type="ul"><em>Flashback from May 2020: </em>"The FSD price will continue to rise as the software gets closer to full self-driving capability with regulatory approval. It that point, the value of FSD is probably somewhere in excess of $100,000."</li> <li data-xf-list-type="ul">Tesla's (<a href="https://seekingalpha.com/symbol/TSLA?source=content_type%3Areact%7Csection%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews" target="_blank">TSLA</a>) Full-Self Driving option includes standard Autopilot functions (automatic emergency braking, forward collision warning, lane keeping and adaptive cruise control), as well as sophisticated features like automatic lane-changing, stop light recognition and "Smart Summon." Most importantly, it does not yet allow cars to drive themselves automatically despite the name. <a href="https://seekingalpha.com/news/3784705-what-could-go-wrong-in-the-electric-vehicle-revolution-not-enough-lithium?source=content_type%3Areact%7Csection%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews" target="_blank">What could go wrong in the electric vehicle revolution? Not enough lithium.</a></li> <li data-xf-list-type="ul"><strong>More commentary:</strong> Musk recently <a href="https://www.youtube.com/watch?v=DxREm3s1scA&t=1s&ab_channel=LexFridman" target="_blank">talked</a> about FSD on the Lex Fridman Podcast, saying it's "looking quite likely" that Tesla (<a href="https://seekingalpha.com/symbol/TSLA?source=content_type%3Areact%7Csection%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews" target="_blank">TSLA</a>) will "solve Level 4 FSD" in 2022. "Anyone who's been following the Full-Self Driving beta closely will see that the rate of disengagements has been dropping rapidly. There's engagement B where the driver intervenes to prevent the car from doing something dangerous, potentially. The interventions per million miles have been dropping dramatically... I think it's got to be at least two or three times better, higher safety than a human. Two or three times lower probability of injury than a human before we would actually say, 'okay, it's okay to go.' It’s not going to be equivalent, it's going to be much better."</li> </ul></blockquote><p></p>
[QUOTE="Weather Man, post: 16716995, member: 137766"] [HEADING=2]Tesla raises price of "Full Self-Driving" software to $12,000[/HEADING] Jan. 09, 2022 2:36 AM ET[URL='https://seekingalpha.com/symbol/TSLA?source=content_type%3Areact%7Csection%3Amain_content%7Csection_asset%3Ameta%7Cfirst_level_url%3Anews%7Csymbol%3ATSLA']Tesla, Inc. (TSLA)[/URL][URL='https://seekingalpha.com/author/sa-editor-yoel-minkoff?source=content_type%3Areact%7Csection%3Amain_content%7Csection_asset%3Ameta%7Cbutton%3Aauthor_name%7Cfirst_level_url%3Anews']By: Yoel Minkoff[/URL], SA News Editor[URL='https://seekingalpha.com/news/3786445-tesla-raises-price-of-full-self-driving-software-to-12000#comments']49 Comments[/URL] [IMG alt="Teslas Stock Hits Two And Half Year Low As Analysts Continue Downgrading The Company"]https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1150569888/medium_image_1150569888.jpg[/IMG] Justin Sullivan/Getty Images News [LIST] [*]"Tesla FSD price rising to $12k on Jan 17. Just in the US," [URL='https://twitter.com/elonmusk/status/1479590995595517958']tweeted[/URL] Elon Musk on Saturday. "FSD price will rise as we get closer to FSD production code release." [*]The premium driver assistance package, marketed as "Full Self-Driving," or FSD, currently costs $10,000 up-front, or $199 per month for most customers. "Monthly subscription price will rise when FSD goes to wide release," Musk added in the tweet thread. Tesla (NASDAQ:[URL='https://seekingalpha.com/symbol/TSLA?source=content_type%3Areact%7Csection%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews']TSLA[/URL]) began testing FSD in Beta in October 2020, when it was priced at $8,000 for a select group of customers, but increased the price to $10,000 shortly thereafter. [URL='https://seekingalpha.com/news/3785869-electric-vehicle-reset-as-auto-giants-gm-ford-and-volkswagen-charge-in?source=content_type%3Areact%7Csection%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews']Electric vehicle reset as auto giants GM, Ford and Volkswagen charge in.[/URL] [*][I]Flashback from May 2020: [/I]"The FSD price will continue to rise as the software gets closer to full self-driving capability with regulatory approval. It that point, the value of FSD is probably somewhere in excess of $100,000." [*]Tesla's ([URL='https://seekingalpha.com/symbol/TSLA?source=content_type%3Areact%7Csection%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews']TSLA[/URL]) Full-Self Driving option includes standard Autopilot functions (automatic emergency braking, forward collision warning, lane keeping and adaptive cruise control), as well as sophisticated features like automatic lane-changing, stop light recognition and "Smart Summon." Most importantly, it does not yet allow cars to drive themselves automatically despite the name. [URL='https://seekingalpha.com/news/3784705-what-could-go-wrong-in-the-electric-vehicle-revolution-not-enough-lithium?source=content_type%3Areact%7Csection%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews']What could go wrong in the electric vehicle revolution? Not enough lithium.[/URL] [*][B]More commentary:[/B] Musk recently [URL='https://www.youtube.com/watch?v=DxREm3s1scA&t=1s&ab_channel=LexFridman']talked[/URL] about FSD on the Lex Fridman Podcast, saying it's "looking quite likely" that Tesla ([URL='https://seekingalpha.com/symbol/TSLA?source=content_type%3Areact%7Csection%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews']TSLA[/URL]) will "solve Level 4 FSD" in 2022. "Anyone who's been following the Full-Self Driving beta closely will see that the rate of disengagements has been dropping rapidly. There's engagement B where the driver intervenes to prevent the car from doing something dangerous, potentially. The interventions per million miles have been dropping dramatically... I think it's got to be at least two or three times better, higher safety than a human. Two or three times lower probability of injury than a human before we would actually say, 'okay, it's okay to go.' It’s not going to be equivalent, it's going to be much better." [/LIST] [/QUOTE]
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