Tesla CEO Elon Musk has provided another update on the Full Self-Driving (FSD) subscription option, and it could be coming very soon.
Earlier this year Tesla hacker @greentheonly revealed a FSD subscription option was hidden within the software’s source code, and had been there for some time.
Musk later confirmed during the company’s Q1 2020 earnings call a Full Self-Driving (FSD) subscription option was coming. At the time he said it would arrive in 2020, but revised that timeline in October to say it was coming in 2021.
This morning Musk provided a more definitive timeline, saying it would arrive “early next year.”
Absolutely. We will release FSD subscription early next year.
— Elon Musk (@elonmusk) December 20, 2020
As we first reported on Friday, Tesla updated their website to include a new “Subscribe” button in owner’s accounts. At the time we speculated it could be for the roll-out of the FSD subscription, and it looks like we may have been right.
How much will Tesla FSD subscription cost?
The big question remaining is how much the subscription service will cost. Given that FSD is currently priced at $10,600 CAD, and that it has already increased to $10,000 USD after the release of FSD beta in the US, it isn’t going to be cheap.
Breaking that cost down over 5 years of equal payments, you’re looking at around $175 CAD/month. Since Musk has said buying it outright will always make more financial sense than the monthly subscription, it is going to cost more than that, maybe substantially more.
There will still be use cases for opting for the subscription, like if you are leasing the vehicle or you are only planning to keep your car for a short period of time. What those exact use cases will be will depend on how Tesla structures the subscription options.
How much do you think the FSD subscription will cost? How much would you be willing to pay? Let us know in the comments below.