Tesla Executive Responds To Canadian Customer Requests For Full-Self Driving Subscription Options: 'Looking Into This One Now'
Portfolio Pulse from Anan Ashraf
Tesla Inc's executive Rohan Patel announced the company is considering offering subscriptions for Full Self-Driving (FSD) software and premium connectivity in Canada, responding to customer requests. Currently, Canadian Tesla owners can only purchase FSD with a one-time payment, unlike in the U.S. where it's available on a subscription basis. The company is also showcasing its lineup, including the Cybertruck, at the Canadian auto show in Toronto, experiencing high visitor interest.
February 20, 2024 | 4:24 am
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Tesla Inc is considering offering FSD and premium connectivity subscriptions in Canada, potentially expanding its market and revenue streams in the region.
Introducing subscription options for FSD and premium connectivity in Canada could significantly increase Tesla's recurring revenue from the region, enhancing customer satisfaction and potentially boosting stock value. The company's active consideration of this expansion, as indicated by executive Rohan Patel, signals a proactive approach to market demands, likely to be viewed positively by investors.
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