Tesla Offers Free Trial of Full Self-Driving System, Sparks Investor Excitement

Tesla’s CEO, Elon Musk, has announced that every Tesla car in the US will get a free one-month trial of the Full Self-Driving (FSD) system, starting this week.

This news has made Tesla’s stock rise by 2% before the regular trading hours.

Musk mentioned in an email to Tesla employees that this trial is a must for all new car deliveries in North America. It’s meant to show customers how well the FSD system works.

The FSD system is an optional add-on for Tesla cars, costing $199 per month for most customers in North America.

Even though FSD doesn’t make cars fully self-driving, it provides advanced features to assist drivers.

Tesla owners with FSD can join the FSD Beta program, where they can test new features and give feedback on public roads.

But, there have been concerns about the safety of Tesla’s Autopilot, FSD, and FSD Beta systems. Safety authorities have urged Tesla to improve them through voluntary recalls.

Despite these concerns, Elon Musk believes in the potential of the FSD system to transform transportation.

Offering a free trial of FSD is a bold move by Tesla, which could attract new customers to the brand.

It’s uncertain how successful this promotion will be and whether it will lead to more FSD subscriptions in the long run.

Elon Musk recently announced that Tesla $TSLA intends to offer other automakers the opportunity to license their Full Self-Driving (FSD) technology.

Update

Tesla has reportedly scrapped its long-awaited affordable car, a vehicle investors had anticipated to propel its expansion into the mass-market automotive sector, as per information from three insiders and communications from the company reviewed by Reuters.

bigbreakingwire

Stay informed with our financial updates, stocks, bonds, commodities. Get global & political insights. Follow us & enable notifications for the latest updates.

bigbreakingwire.in