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San Francisco (Reuters) -Tesla slashed the value of its Full Self-Driving (FSD) driver assistant software program to $8,000 from $12,000 in the USA, as CEO Elon Musk doubles down on self-driving know-how.
Musk is betting on the know-how to turn into money cow for the world’s most dear automaker. However he has for years failed to realize the aim of self-driving functionality, with the know-how underneath rising regulatory and authorized scrutiny.
Musk earlier this month mentioned Tesla (NASDAQ:) will unveil its robotaxis on Aug. 8, after Reuters reported Tesla had scrapped its cheap, mass-market automotive in favour of robotaxis.
In keeping with the Tesla web site, prospects can now pay $8,000 for the FSD function, or subscribe to make use of it for $99 a month.
Tesla not too long ago reduce the U.S. month-to-month subscription worth for the function from $199, whereas giving each Tesla buyer a month’s free subscription to the software program.
Tesla has additionally been slicing costs on its auto line-up in main markets. Grappling with falling gross sales and an intensifying worth conflict for electrical automobiles, Tesla reduce costs by practically $2,000 throughout its line-up in China, according to its worth cuts in the USA.
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