Tesla has slashed the price of its Full Self-Driving (FSD) Capability in North America, with the price of the software being cut by 31% in Canada and 33% in the United States. At the same time, Tesla has removed the option to purchase Enhanced Autopilot (EAP).
Tesla launched their FSD package in 2016, billing it as an option that would allow your car to become autonomous, once the software reached maturity (let’s ignore hardware for argument’s sake). Elon Musk’s first prediction of reaching that milestone came a decade ago, when he said in 2015 he expected it to happen within two years. Since then Musk has said on multiple occasions, most recently just last year, that Tesla achieving full autonomy was just around corner, but with each prediction came another missed deadline.
During that time, as Musk said Tesla was getting closer to achieving full autonomy, the company was increasing the price of FSD Capability, with the software reaching its highest price of $19,500 in Canada and $15,000 in the US in September 2022.
Despite claims by Musk that it would continue to be priced higher as the software got closer to maturity, Tesla lowered the price less than a year later, dropping it to $16,500 in Canada and $12,000 in the US in August 2023.
Since then Tesla has launched FSD v12, which by all accounts has exceeded the capabilities of all previous versions. Despite seemingly being as close as they have ever been to achieving full autonomy, Tesla has slashed the price of FSD in North America.
According to an update to the Design Studio on Saturday night, FSD now costs $11,000 (-31.25%) in Canada and $8,000 (-33.33%) in the US.
Along with the price reduction, Tesla also removed the option to purchase Enhanced Autopilot (EAP) from the online configurator. If you have already purchased EAP, you can now upgrade to FSD also for a lower price, $2,750 in Canada or $2,000 in the US.
While quite a drastic price reduction, the fact that Tesla lowered the price of FSD is not that surprising considering what has happened recently.
Earlier this month Tesla also halved the price of FSD subscriptions in the US, going from $199 per month to $99 per month. Tesla also launched FSD subscriptions in Canada, and in a surprise move, also priced it at $99 in Canada, giving us an effective $29 discount compared to our friends south of the border.
This now makes the decision between subscribing or buying FSD outright a little more difficult. This is especially the case in the US, where it will take 6 years and 9 months to break even, compared to 9 years and 3 months in Canada. While this is a better deal than before, for people subscribing is still the way to go.
Unfortunately for those who have paid higher prices, you can no longer transfer FSD to a new Tesla, at least for now.
Will you be purchasing FSD at these new lower prices? Or subscribing? Let us know in the comments below.
