Business Standard

Monday, December 23, 2024 | 06:47 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Tesla raising price of its full self-driving option

Image

IANS San Francisco

Electric Vehicle (EV) maker Tesla is set to increase the price of its Full Self-Driving option from May 1.

"Please note that the price of the Tesla Full Self-Driving option will increase substantially over time," Elon Musk, CEO, Tesla, tweeted late on Saturday.

Musk, however, didn't provide a specific figure. While responding to a question on Twitter, he said the increase would be "something like" around the $3,000 plus figure.

The full self-driving currently costs $5,000.

The announcement of price increase comes as Tesla is introducing its new full self-driving computer that entered production earlier this month.

It is also unclear if all new Tesla vehicles are getting the new computer.

 

Tesla refuses to confirm this, but the automaker maintains that it will offer computer retrofits to all owners who have bought the full self-driving option, which Musk says will increase in price next month, according to the Electrek.

--IANS

ksc/bc

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Apr 15 2019 | 2:20 PM IST

Explore News