tech
Tesla kills Autopilot, locks lane-keeping behind $99/month fee
With falling sales and shrinking profits, the recurring revenue will be most welcome.
TL;DR
- Tesla is introducing a $99 monthly subscription fee for its FSD (Full Self-Driving) system.
- The option for a one-time purchase of FSD will be removed on February 14th.
- Autopilot and FSD have faced regulatory investigations and lawsuits concerning deceptive marketing.
- Tesla's license to sell cars in California was suspended by an administrative law judge, though this was stayed for 60 days.
- The automotive industry is increasingly moving towards subscription services for recurring revenue.
- Elon Musk indicated that the $99/month FSD price will increase as capabilities improve, with a significant jump expected for unsupervised FSD.