Elon Musk Says Tesla Will Stop Selling FSD Post Valentine's Day: 'Only Available As A Monthly Subsciption' - Tesla (NASDAQ:TSLA)
TeslaTesla(US:TSLA) Benzinga·2026-01-14 09:27

Group 1 - Tesla will discontinue the one-time payment option for its Full Self-Driving (FSD) service, transitioning to a monthly subscription model starting February 14 [2][3] - The current FSD service is priced at $8,000 for a one-time payment or $99 per month, which translates to an annual cost of $1,188 [3] - The adoption rate for FSD is currently at 15%, and the subscription model may enhance this rate [3] Group 2 - Rivian Automotive has introduced its own autonomous driving technology, which includes a LiDAR-based approach and a subscription model for its Autonomy+ service, priced at $2,500 for a one-time payment or $49.99 monthly [4][5] - Tesla's Model Y has become the best-selling electric vehicle in the U.S., with over 350,528 units sold [6] - A federal framework for self-driving regulations is being promoted by Rep. Brett Guthrie, aimed at accelerating the development of autonomous technologies in the U.S. [7] Group 3 - Tesla's stock experienced a slight decline, closing at $447.20, with a further drop to $446.85 in after-hours trading [8]

Elon Musk Says Tesla Will Stop Selling FSD Post Valentine's Day: 'Only Available As A Monthly Subsciption' - Tesla (NASDAQ:TSLA) - Reportify