Tesla Cuts Price of "Full Self Driving" System by a Third
NEW YORK (NEWSnet/AP) — Tesla has dropped the price of its “Full Self Driving” vehicle system from $12,000 to $8,000, according to the company website.
Despite the branding, the system can’t drive itself, which means drivers must remain alert and be ready to intervene.
Tesla CEO and billionaire Elon Musk set a goal for a fleet of robotaxis on the road in 2020, but the promise has yet to materialize, and Tesla’s system still has to be supervised by humans.
The cuts, which occurred on Saturday, follow Tesla's moves on late Friday to slash $2,000 off the prices of three of its five models in the United States.
Tesla reduced the prices of the Model Y, a small SUV which is Tesla’s most popular model and the top-selling electric vehicle in the U.S., and also of the Models X and S, its older and more expensive models. Prices for the Model 3 sedan and the Cybertruck stayed the same.
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