Tesla to increase FSD price by 25% to $15,000 in early September, Musk says

Written by Cláudio Afonso | info@claudio-afonso.com | LinkedIn | Twitter

Tesla CEO Elon Musk said on Sunday the automaker will increase the price of its FSD technology from $12,000 to $15,000 from September 5th in North America, representing an increase of 25%.

“After wide release of FSD Beta 10.69.2, price of FSD will rise to $15k in North America on September 5th. Current price will be honored for orders made before Sept 5th, but delivered later,” Musk tweeted.

In addition, Musk tweeted that the 10.69 version “started rolling out to Tesla owners last night [Saturday]” saying “this build is a big step forward!”.

The CEO said the 10.69.1 version will be launched “probably end of week with wider release” and that the 10.69.2 will arrive “in a few weeks” adding that “should be good enough to provide to all FSD Beta participants”.

Only Tesla drivers with a high safety score are allowed to install the Beta versions that have been released but that’s about to change by the end of the year, as Elon Musk said at Tesla’s Shareholder Meeting earlier this month.

“We’re still tracking very much to have widespread deployment of FSD Beta this year in North America. So I should say basically, FSD will be available to anyone who requests it by the end of this year.”

According to drone footage released two weeks ago, the company will hit a new record with over 9,000 vehicles ready to ship from Shanghai indicating the increased output at Tesla’s most productive Gigafactory.

In July, Tesla China delivered 28,217 vehicles of which 19,756 were exported. The result represents a decrease of 64% from June due to three shutdowns at Tesla’s GigaShanghai aiming to upgrade the production for the upcoming months.

In July, the GigaFactory was shut down from the first day of the month until the 4th while Model Y line was shut down from July 1-18, and Model 3 line started was shut down from July 18 until the past Monday, August 8.

Written by Cláudio Afonso | info@claudio-afonso.com | LinkedIn | Twitter