Tesla has announced it will eliminate the one-time purchase option for its Full Self-Driving (FSD) system, transitioning to a subscription-only model. Effective February 15, the FSD system will be available solely through a monthly subscription, previously priced at $99. The one-time purchase option, which was $8,000, will no longer be offered, although in Australia, this option remains available until March 31.
CEO Elon Musk's compensation plan, approved by shareholders, includes targets such as achieving 10 million FSD subscriptions, which may have influenced this strategic shift. The move aligns with Tesla's broader business growth objectives, as part of Musk's compensation is linked to meeting specific business milestones.
Tesla Shifts Full Self-Driving to Subscription-Only Model
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