'You'll Be Amazed:' Elon Musk Urges Tesla Drivers To Try Supervised Full Self-Driving Software
Portfolio Pulse from Anan Ashraf
Elon Musk, CEO of Tesla Inc (NASDAQ:TSLA), encouraged X followers and Tesla drivers to try the supervised Full Self-Driving (FSD) software, highlighting its potential and the company's progress towards autonomy. Tesla has reached one billion miles driven with FSD, with Musk optimistic about solving vehicle autonomy. Tesla also initiated a 30-day free FSD trial in the U.S. and reduced the FSD software price by 33% to $8,000.
April 27, 2024 | 9:03 am
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POSITIVE IMPACT
Tesla's push for its Full Self-Driving software, including a significant price cut and a free trial, reflects a strategic move to boost adoption and showcase progress in vehicle autonomy.
The aggressive marketing and pricing strategy for Tesla's FSD software, combined with the milestone of one billion miles driven, are likely to increase consumer interest and adoption. This, in turn, could positively impact Tesla's stock in the short term by reinforcing investor confidence in the company's technological leadership and potential revenue growth from software sales.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100