Elon Musk believes the Full Self-Driving technology and optional feature available for all newly produced Tesla vehicles is undervalued.
Ever since the Q4 2017 Earnings call, Elon has said that he believes Full Self-Driving price is too low. On November 1st, 2019 the price indeed went up by $1,000. Now the price is $7,000 for the Full Self-Driving package instead of $6,000.
That’s a lot for Navigate on Autopilot, Automatic Lane Changes, and Smart Summon, especially since basic Autopilot is included for free.
Not only that, it sounds like it may increase even more over time. As Elon stated during an Autopilot Interview, he believes vehicles with autonomy are 5X to 10X more valuable than cars without. He also thinks that because Tesla vehicles have so much hardware technology built-in and that the software keeps getting better, Tesla vehicles may actually appreciate over time.
Now that the Autopilot options have been updated for 2019, we know that the Full Self-Driving package is where the future advances will occur.
Some of the exciting enhancements to come will focus on more sophisticated summon features in addition to city driving capabilities, such as navigating traffic lights and more complex intersections.
For a glimpse of what’s coming, check out future Autopilot and Full Self-Driving updates for the latest. Also, be sure to check out Tesla Autonomy Day for a fascinating deep-dive into the Autopilot technology.
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