Tesla will again increase the price of its ‘Full Self-Driving’ option, set to increase by $1,000 USD in Canada and globally on July 1, according to CEO Elon Musk.
On Monday afternoon, Musk tweeted, “Tesla Full Self-Driving option cost rises by ~$1000 worldwide on July 1st. Order a Tesla online in less than 2 minutes at Tesla.com.”
Musk further added the future value of Full Self-Driving (FSD) would be worth over $100,000 USD in the future, saying “The FSD price will continue to rise as the software gets closer to full self-driving capability with regulatory approval. It that point, the value of FSD is probably somewhere in excess of $100,000.”
Tesla Full Self-Driving option cost rises by ~$1000 worldwide on July 1st. Order a Tesla online in less than 2 minutes at https://t.co/qJm9uPBCX5
— Elon Musk (@elonmusk) May 18, 2020
Currently, the Full Self-Driving option costs $9,200 CAD in Canada, but another $1,000 USD increase, with current exchange rates, should push that total to about $10,590 CAD or so.
Aside from regular Autopilot, which “Enables your car to steer, accelerate and brake automatically for other vehicles and pedestrians within its lane,” FSD adds Navigate on Autopilot, allowing for “automatic driving from highway on-ramp to off-ramp including interchanges and overtaking slower cars,”; Autopark, which allows for self-parking and Summon, allowing your parked car to come find you in a parking lot.
Currently, FSD has traffic light and stop sign recognition in beta, while Tesla says “automatic driving on city streets” is expected to come later this year. Back in 2016, Musk said a Tesla would be able to drive coast-to-coast on its own in the U.S. by the end of 2017, but that never materialized.