Tesla Inc. has made significant adjustments to its Full Self-Driving (FSD) subscription service, reducing the price by 50% to $99 per month in the United States, aiming to make it more accessible against the backdrop of 5 million potential customers. This strategic move, influenced by a popular poll Elon Musk acknowledged, comes as the company faces various challenges, including increased competition from CATL's Megapack competitor and a sell-side analyst predicting negative delivery growth for Tesla in 2024. Additionally, Tesla has halted Cybertruck deliveries for a week due to an accelerator pedal issue and is reportedly cutting hours for Cybertruck manufacturing employees amidst concerns of broader layoffs. These developments occur as Tesla grapples with falling sales, environmental protests, and the influx of cheaper Chinese-made EVs. The price cut, initially perceived to potentially reach $100,000 in value, has been reduced from a previous $12k upfront cost, amidst announcements like Grok 1.5Vision - Multimodal for 2027 in the EU, and amidst operational adjustments including the cancellation of FSD transfers and potential large layoffs starting Sunday, signaling a period of significant transition for the company.
#ICYMI: Will the economy or environment decide the future of cheap EVs? — via @drivingdotca #ElectricVehicles #AffordableVehicles https://t.co/IHeQGiabxc
With Tesla Stock Down 31%, Musk’s Robotaxi Push Aids Short Sellers https://t.co/Gu3iZYwrpI
I hope you are not afraid of heights, bc FSD V12 stack is getting better & more human-like (the ChatGPT moment is happening), FSD (Supervised) 30-day free trial is available, and FSD subscription price is now lower ($199 to $99). This chart is about to get really nutty. https://t.co/Df1zpwGajN
The Tesla Cybertruck Has Had a Rough Start. Now Production Is Halted. https://t.co/WW7J1LzqMG
Tesla has begun cutting hours of its Cybertruck manufacturing employees as some employees worry that mass layoffs are on the way
#ICYMI: Which New Electric Vehicle Companies Will Thrive Amidst Competition?— via @drivingdotca #ElectricVehicles #EV #Automotive https://t.co/55XNxIZeLS
Trouble at Tesla? The company is at a crossroads as Elon Musk grapples with falling sales, environmental protesters and an influx of cheap Chinese-made EVs ⬇️ https://t.co/k5yT2xLmS1
Why is EAP and FSD Subscription not at a lower price? Then Autopilot and FSD Subscription? @elonmusk @Tesla @a_meta4 https://t.co/86wcIJYma2
$TSLA What's really going on with @Tesla's delivery numbers and the low-cost car? Our take: https://t.co/xJxgipsvvz $ElectricCar #Competition #EV https://t.co/PUGoGphwBR
🚗 China’s electric vehicles disrupt global economy What’s happening: China is rapidly expanding its electric vehicle (E.V.) markets… 👇 Read our Full Analysis https://t.co/taFobw5XQn
Things are moving fast at Tesla. 50% FSD subscription price cut on Friday, cancelation of FSD transfers on Saturday, and a large layoff may be starting Sunday. https://t.co/02CBFQFw49
Tesla has stopped all Cybertruck deliveries for 7 days due to an issue with the accelerator pedal
$TSLA FSD price cut Next shot at a #StatementGap Monday https://t.co/ydJYaWFlYt https://t.co/SAPj6cfPCO
Tesla Cut the Price of Its FSD Service. What That Means For the Stock. https://t.co/1IwtO86QT7
Elon Musk's India Visit $TSLA - Tesla's FSD Subscription Price Slashed By 50% $NKLA - Nikola Plunges Amid Proxy Filing And More! Biggest EV Stories Of The Week: https://t.co/8AMlO1CkSY
Tesla's big India debut soon? Watch this report. @aayush_a6 reviews Tesla Model 3. Watch this and more on #TechToday : https://t.co/dCa1jPdhif #news #TechNews #Automobile #ITVideo https://t.co/f5MbRAuSCE
Tesla slashes price of self-driving technology to $99 despite Elon Musk claiming it would be worth $100,000 https://t.co/jeoTeo3pLL
Tesla FSD costs $99/m. Grok 1.5Vision - Multimodal is announced. It's a nice glimpse into 2027 in the EU.
$TSLA ❖ Tesla halves its premium drive assistance option price in US Tesla Inc.'s CEO Elon Musk announced that the company decided to cut the subscription price of its premium driver assistance system for customers in the United States. According to Musk, users in the US will…
Tesla slashes price of its premium driver assistance option by half in U.S. https://t.co/i6LnzlH5z4
Yesterday there was a popular poll asking what $ people would subscribe at and $99 was the winner Elon liked the poll and today the price is $99! No idea if they are linked but it certainly wouldn’t be the wildest thing he’s done. Sucks for people who prepaid $12k for FSD https://t.co/PYhjCXpCIX
How good is the $99/month pricing on FSD? My buddy subscribed in 8min after I told him! https://t.co/4zo9cIsfJO
I’m thrilled for our customers who were unable to justify the previous pricing but will now be able to join the FSD (Supervised) journey. The safety benefits we see in the fleet are tremendous. Stay vigilant and have fun! https://t.co/YUFJCfEMdl
So today, $TSLA cut the price of FSD 50%, a sell-side analyst went to negative delivery growth in 2024, and CATL announced competition for the Megapack. https://t.co/e7qF4F6RO7
Coming soon, the FINAL $TSLA FSD "new bull thesis": "Hey, 99 cents x 5 million cars ain't exactly chump change!"
The FINAL $TSLA FSD "new bull thesis": "Hey, 99 cents x 5 million cars ain't exactly chump change!"