Lates News

Tesla CEO Elon Musk revealed that Tesla (TSLA.O) will stop selling its "Full Self-Driving" assistance system (FSD) in a one-time payment form and instead fully adopt a monthly subscription model. This change will take effect after February 14. Tesla had previously sold the system in the form of an $8,000 one-time payment or a $99 monthly subscription fee. Although Musk did not specify the reason for this adjustment, a portion of his compensation depends on business growth. According to a compensation plan approved by shareholders in November, Tesla must achieve multiple targets including reaching 10 million FSD subscription users for Musk to receive additional stock rewards. Additionally, the deadline for the one-time purchase option in the Australia region has been extended to March 31.