Tesla FSD Monthly Subscription Coming Soon, Musk Suggests
Portfolio Pulse from Shivdeep Dhaliwal
Tesla Inc (NASDAQ:TSLA) plans to release a subscription service for its full self-driving (FSD) software early next year, as announced by CEO Elon Musk. The service is expected to cost at least $100 per month. This move aims to make FSD more accessible to customers who did not purchase it upfront.
December 21, 2020 | 6:53 am
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Tesla plans to introduce a subscription service for its full self-driving software early next year, potentially increasing accessibility and revenue. The service is expected to cost at least $100 per month.
The introduction of a subscription model for Tesla's FSD software could attract more customers who are hesitant to pay the full price upfront, potentially increasing Tesla's revenue. This news is likely to have a positive short-term impact on Tesla's stock price as it suggests a new revenue stream.
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