Tesla Shifts FSD Pricing

Tesla will end one-time purchases of its Full Self-Driving software and move exclusively to a monthly subscription model starting mid-February.

Transcript

00:00It's Benzinga bringing Wall Street to Main Street.

00:02Tesla said it will stop offering its full self-driving service as a one-time purchase

00:06and move exclusively to a monthly subscription model.

00:10CEO Elon Musk said in a post on X Late Tuesday that Tesla will stop selling FSD after February 14th.

00:16The service will only be available as a monthly subscription after that date.

00:21Tesla currently offers FSD for a one-time payment of $8,000 or a $99 monthly subscription in the U.S.

00:28And the subscription totals $1,188 annually.

00:32Investor Gary Black said the current FSD take rate is 15%.

00:36The update follows Rivian Automotive's unveiling of its lead DAR-based autonomous system

00:41and Autonomy Plus subscription, targeted for early 2026.

00:46Tesla's shares slipped 0.39% to $447.20 at market close on Tuesday

00:52and fell to $446.85 after hours,

00:56according to data from Benzinga Pro.

00:58For all things money, visit Benzinga.com.