Tesla set to increase price of full self-driving option by nearly $3000

In an expected move, electric vehicle (EV) maker, Tesla is all set to increase the price of the full self-driving option from May 1, according to a report by TechCrunch.  The news was made public by Tesla CEO Elon Musk via a series of tweets.

“Please note that the price of the Tesla full self-driving option will increase substantially over time,” Elon Musk, CEO, Tesla, tweeted late on Saturday.

As we all know that Tesla vehicles are not self-driving, but Musk has time and again reiterated the fact that the advanced driver assistance capabilities on Tesla vehicles will continue to improve until eventually full automation is reached.

Well, the flamboyant CEO didn’t give a fixed figure, but in reply to one of the queries on Twitter, he said that the hike could be “something around the $3000 mark.”

The announcement of price hike comes amidst reports that Tesla is introducing its new full self-driving computer that entered production earlier this month. The company is also planning for the upcoming Investor Autonomy Day which is scheduled to take place on April 22, 2019, and is meant to showcase Tesla’s autonomous driving assistance system that offers a combination of adaptive cruise control and lane steering and is now a standard feature.

The more robust and updated version of the full autopilot model is called full-self driving and or FSD, and currently, it costs an additional $5,000. This latest offering includes ‘Summon’ as well as ‘Navigate on Autopilot’.  The feature is very easy to use and once the driver enters a destination into the navigation system, they can enable “Navigate on Autopilot” for that trip.

It is important to note here that the company is always looking out for ways to improve ‘Navigate on Autopilot’ and the FSD system and the company believes that it will soon be able to recognize traffic lights and stop signs, thus making it more adept to driving on city streets.

Musk has been promising full self-driving cars for quite some time and now it seems only a matter of time before we’ll have a full self-driving car on the street.

Source: TechCrunch

Image: Shutterstock

Tesla set to increase price of full self-driving option by nearly $3000
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