Tesla Lowered The Monthly Subscription Price Of Full Self-Driving (FSD) To $99 Per Month Down From $199 A Month
Portfolio Pulse from Benzinga Newsdesk
Tesla has reduced the monthly subscription cost of its Full Self-Driving (FSD) package to $99 from the previous $199. This move could potentially increase the adoption rate of FSD among Tesla owners, impacting Tesla's revenue from subscriptions.
April 12, 2024 | 8:15 pm
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Tesla's decision to lower the FSD subscription price to $99 may boost the adoption rate, potentially increasing recurring revenue from subscriptions.
Reducing the price of a high-margin product like FSD could lead to a higher volume of subscriptions, thus increasing Tesla's revenue in the short term. The move is likely to be viewed positively by investors as it could enhance user engagement and contribute to recurring revenue streams.
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