"Tesla's Mandatory FSD Test Drive for US Buyers Sparks Stock Rally"

1 min read
Source: Reuters
"Tesla's Mandatory FSD Test Drive for US Buyers Sparks Stock Rally"
Photo: Reuters
TL;DR Summary

Tesla CEO Elon Musk announced that the company will offer U.S. customers a one-month free trial of its Full Self-Driving (FSD) technology, priced at $12,000, in an effort to boost sales amid softening demand and price competition. Musk instructed Tesla staff to provide FSD demonstrations to new buyers and owners of serviced vehicles, as the "FSD take rate" has declined in North America. The FSD software, which requires active driver supervision, has also been offered as a subscription for $199 a month.

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