Elon Musk Drops Tesla FSD Price to $99 After Offering Free One-Month Trial, But Why?
By Giuliano De Leon
Apr 13, 2024 02:36 AM EDT
© 2024 Copyright Venture Capital Post. All Rights reserved.
Apr 13, 2024 02:36 AM EDT
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Elon Musk dropped the price of Tesla FSD to $99 per month. The EV company announced this after offering a free one-month trial to attract more users.
According to Tech Crunch's latest report, Elon Musk decided to cut the price of Tesla FSD to boost the adoption of its advanced self-driving software.
Originally, the Tesla FSD cost $199 per month. Now, the American EV maker started offering it for just $99 a month.
"You can now subscribe to FSD (Supervised) for $99/month in the U.S.," said the giant EV manufacturer via its official X account.
Elon Musk quoted this so that more of his fans would know the good news. In his post, many Americans expressed excitement about the cheaper price of the Tesla FSD.
However, some are disappointed, especially those who spent thousands of dollars to have access to FSD.
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In 2019, Elon Musk told his investors that the Tesla FSD would transform his EV company into a firm with a $500 billion market cap, as reported by CNBC. At that time, Tesla had a market cap of only $42 billion.
Now, thanks to the efforts of Elon Musk, Tesla is worth over $500 billion despite the Tesla FSD not being completed. Elon Musk sent a new notice to its customers to clarify that the software is not yet complete.
"Full Self-Driving (Supervised) can drive your Tesla almost anywhere," said the billionaire.
"It must be used with additional caution and an attentive driver. It does not make your vehicle autonomous. Do not become complacent," he clarified.
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