Elon Musk says Tesla will hike price of FSD driver assistance software by 25% in September

Elon Musk says Tesla will hike the price of FSD driver assistance software by 25% in September

Tesla CEO Elon Musk on Sunday announced a 25% price increase for the company’s premium driver assistance system, which is marketed under the name Full Self-Driving, or FSD.

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The price will increase to $15,000 from $12,000 on Sept. 5, Musk said in a tweet.

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Today, Tesla charges customers $12,000 upfront for FSD, or $199 per month on a subscription basis

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Musk did not immediately mention an increase in the cost of FSD subscriptions and Tesla did not respond to a request for further information.

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All new Tesla vehicles come with a standard driver assistance package called Autopilot, which includes features like “Traffic-Aware Cruise Control” and “Autosteer.”

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These rely on cameras, other sensors, hardware and software to automatically keep a Tesla vehicle centered in its lane and traveling at the speed of surrounding traffic.

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Tesla’s highest-priced driver assistance option, FSD, includes what the company calls “Traffic and Stop Sign Control” and “Navigate on Autopilot” among its features.

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