Tech

Tesla will raise prices for autonomous driving mode again

Tesla’s fully autonomous drive (FSD) feature has had a checkered history, to put it generously. It has been involved in multiple crashes, seemingly persistent software bugs, and a cavalcade of scrutiny from a panoply of regulators. Besides, it’s about to cost more.

The bump represents an additional $ 2,000 added to the sizable price tag: a new grand total of $ 12,000, or nearly up to a Honda Civil. This is also not the first time that FSD has become more expensive. In 2020, Musk (again, on Twitter) announced about $ 2,000 price increase. This most recent hike, Musk said, will only apply to the United States; he added that “the price of the feature will increase as we get closer to the release of FSD production code.”

Whether that means there are plans for even bigger price increases is a puzzle – Tesla disbanded its corporate communications department around the same time FSD won its $ 10,000 prize.

In particular, the purchase of the “fully autonomous driving” function does not actually result in a car that drives itself. This is largely why Senators Markey and Blumenthal have called on the FTC to investigate Tesla and Musk for, among other things, “overestimates of their vehicle’s capabilities.” According to a survey, only about 11 percent of Tesla homeowners are giving up the money needed to activate FSD, and it’s hard to imagine how the increased financial burden on buyers could reverse this trend.

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