Tesla cuts the price of its "Full Self Driving" system by a third to $8,000
The Associated Press
Posted 4/21/24
Tesla knocked about a third off the price of its “Full Self Driving” system — which can’t drive itself and so drivers must remain alert and be ready to intervene — to $8,000 from $12,000, …
You must be a member to read this story.
Join our family of readers for as little as $5 per month and support local, unbiased journalism.
Current print subscribers can create a free account by clicking here
Otherwise, follow the link below to join.
To Our Valued Readers –
Visitors to our website will be limited to five stories per month unless they opt to subscribe. The five stories do not include our exclusive content written by our journalists.
For $6.99, less than 20 cents a day, digital subscribers will receive unlimited access to YourValley.net, including exclusive content from our newsroom and access to our Daily Independent e-edition.
Our commitment to balanced, fair reporting and local coverage provides insight and perspective not found anywhere else.
Your financial commitment will help to preserve the kind of honest journalism produced by our reporters and editors. We trust you agree that independent journalism is an essential component of our democracy. Please click here to subscribe.
Need to set up your free e-Newspaper all-access account? click here.
Non-subscribers
Click here to see your options for becoming a subscriber.
Register to comment
Click here create a free account for posting comments.
Note that free accounts do not include access to premium content on this site.
I am anchor
Tesla cuts the price of its "Full Self Driving" system by a third to $8,000
FILE - A Tesla charging station is seen, Sept. 28, 2023, in Woodstock, Ga. Tesla knocked roughly a third off the price of its “Full Self Driving” system, which can’t drive itself and so drivers must remain alert and be ready to intervene, to $8,000 from $12,000, according to the company website. (AP Photo/Mike Stewart, File)
Posted
The Associated Press
NEW YORK (AP) — Tesla knocked roughly a third off the price of its “Full Self Driving” system — which can’t drive itself and so drivers must remain alert and be ready to intervene — to $8,000 from $12,000, according to the company website.
Tesla CEO and billionaire Elon Musk promised in 2019 that there would be a fleet of robotaxis on the road in 2020, but the promise has yet to materialize, and the system still has to be supervised by humans.
The cuts, which occurred on Saturday, follow Tesla's moves to slash $2,000 off the prices of three of its five models in the United States late Friday. That's the latest evidence of the challenges facing the electric vehicle maker.
Tesla reduced the prices of the Model Y, a small SUV which is Tesla’s most popular model and the top-selling electric vehicle in the U.S., and also of the Models X and S, its older and more expensive models. Prices for the Model 3 sedan and the Cybertruck stayed the same.
The price reduction came the day after Tesla’s stock dropped below $150 per share, wiping out all gains made over the past year. The Austin, Texas, company’s stock price has dropped about 40% so far this year amid falling sales and increased competition. Discounted sticker prices are a way to try to entice more car buyers.
!role~Preview!mt~photo!fmt~JPEG%20Baseline)
