Tesla CEO Elon Musk announced yesterday that existing owners will finally be allowed to transfer Full Self-Driving (FSD) Capability to a new car, allowing them to upgrade without having to shell out C$19,500 or US$15,000 for the option. The only details provided by Musk during the call was that it would a one time offer and only applicable if you place your order before the end of Q3.
While the company hasn’t officially announced the details yet, Drive Tesla has learned of some of the requirements of the program, and it is mostly good news for the consumer.
Even though Musk said during the call yesterday that customers must take delivery before the end of Q3, he did give some leeway saying “or within a reasonable delivery timeframe.” However it looks like that won’t be the case, as according to information provided to employees this morning, delivery must take place before September 30.
There were a lot of questions about whether you would need to trade-in your vehicle to take advantage of the offer. This was raised because Tesla is known to give low trade-in values, which could wipe-out most of the value of transferring FSD. However, we can confirm a trade-in is not required. In fact, you don’t even need to sell your existing car, as Tesla will simply remove FSD from your old car and add it to your new car.
One other requirement is that when you place the order for your new Tesla, you must add FSD Capability. Presumably the cost of FSD will be removed by the time you pay your final invoice.
UPDATE 11:45am PT: Here are the full terms and conditions. (h/t: @Kdahlenburg)
With this new information, will you be buying a new Tesla this quarter? Let us know in the comments below.
