San Francisco (Reuters) -Tesla slashed the value of its Full Self-Driving (FSD) driver assistant software program to $8,000 from $12,000 in america, as CEO Elon Musk doubles down on self-driving know-how.
Musk is betting on the know-how to turn into money cow for the world’s most precious automaker. However he has for years failed to attain the purpose of self-driving functionality, with the know-how below rising regulatory and authorized scrutiny.
Musk earlier this month stated Tesla (NASDAQ:) will unveil its robotaxis on Aug. 8, after Reuters reported Tesla had scrapped its cheap, mass-market automobile in favour of robotaxis.
In keeping with the Tesla web site, clients can now pay $8,000 for the FSD characteristic, or subscribe to make use of it for $99 a month.
Tesla just lately reduce the U.S. month-to-month subscription value for the characteristic from $199, whereas giving each Tesla buyer a month’s free subscription to the software program.
Tesla has additionally been reducing costs on its auto line-up in main markets. Grappling with falling gross sales and an intensifying value struggle for electrical autos, Tesla reduce costs by practically $2,000 throughout its line-up in China, consistent with its value cuts in america.