Tesla: $ 199 monthly autonomous driving subscription


You’re here plans to offer a new subscription version of its Full Self-Driving package with several features for self-driving cars including autopilot navigation, automatic parking and other things, a report of Electrek said.

There’s also a fully self-contained computer and traffic light and stop control.

The package is available for $ 199 per month or $ 99 per month if a user had purchased the now discontinued Enhanced Autopilot package which was a cheaper alternative to the usual autonomous driving package.

The email sent by the company specifies that the services “require active supervision of the driver and do not make the vehicle autonomous”.

This comes after the initial rollout of a one-time payment of $ 10,000 for services.

The paid subscription is intended to allow customers to test the features without a huge financial commitment.

Tesla’s intention is to create a true Level 5 autonomous driving system. Last year the company announced its intention to launch the pay-as-you-go model, with CEO Elon Musk saying it will happen in 2020. But it was eventually pushed back to 2021, and Musk announced several more and more later. release date.

Musk has now attached the new subscription option to the Full Self-Driving v9 version – which has also been delayed.

Tesla’s cash and cash equivalents at the end of the quarter fell to $ 17.1 billion in the first quarter of 2021. Part of that came from an outflow of $ 1.2 billion in bitcoin purchases, wrote PYMNTS.

But Tesla also said $ 272 million from sales of digital asset products, according to the financial statements.

In addition, the company’s total revenue grew 74% year-over-year. The increase in profits, according to the company, is due to increased vehicle deliveries, as well as other types of expansions.

“In the first quarter, we achieved our highest ever production and vehicle deliveries. This despite multiple challenges including seasonality, supply chain instability and the transition to the new S and X models, ”Tesla said in its investor presentation, according to PYMNTS.



About the study: UK consumers see local purchases as essential for both supporting the economy and preserving the environment, but many local High Street businesses are struggling to get them in. In the new Making Loyalty Work For Small Businesses study, PYMNTS surveys 1,115 UK consumers to find out how offering personalized loyalty programs can help engage new High Street shoppers.


About Madeline Powers

Check Also

Apple strikes with class action lawsuit over mobile app activity tracking

Apple Inc. records users’ private activity on mobile apps without their consent and despite its …

Leave a Reply

Your email address will not be published.