Tesla cut its full self-driving (FSD) car software price from $12,000 to $8,000 on Saturday, after cutting Tesla prices earlier in the week. It's the FSD price cut, even more than the car price cuts,
Tesla (NASDAQ:TSLA) shot up in postmarket trading, despite posting a sharp drop in Q1 revenue, deliveries, margins, and EPS from a year ago. Investors seem to be latching on to the company's commitment to launch a more affordable model that can be produced on the same manufacturing lines that are currently utilized for the company's current model
Rather than increasing in price over time as predicted, the cost of Tesla's Full Self-Driving (FSD) software package is decreasing. The $12,000 option,