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Tesla Will Stop Selling Full Self-Driving As A One-Time Package Next Month [Yahoo! Finance]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
The motive isn't clear, but it could be a smart decision for both Tesla and buyers. If you've been thinking about buying Tesla's Full Self-Driving software, you've got a month to do it before its perpetual licensing turns into the tech industry's worst nightmare: a subscription. Tesla CEO Elon Musk announced on X that the automaker plans to remove the ability to purchase FSD outright beginning next month. A subscription isn't new for FSD—Tesla has been offering this since late 2022. But it has historically sold the subscription alongside a lifetime unlock. That's all changing now. The industry has been moving towards subscriptions for quite some time, especially for driver-assistance technology. Other automakers like Ford and GM already do this today with the pricing models for their respective driver aids. It unlocks recurring revenue streams—which investors love to see—and may make it easier to snag new users than a hefty one-time fee. I should point out that FSD is also a
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