Elon Musk Drops Tesla FSD Price to $99 After Offering Free One-Month Trial, But Why?

By Giuliano De Leon

Apr 13, 2024 02:36 AM EDT

Elon Musk Drops Tesla FSD Price To $99 After Offering Free One-Month Trial, But Why?
The inside of a Tesla vehicle is viewed as it sits parked in a new Tesla showroom and service center in Red Hook, Brooklyn on July 5, 2016 in New York City.
(Photo : Spencer Platt/Getty Images)

Elon Musk dropped the price of Tesla FSD to $99 per month. The EV company announced this after offering a free one-month trial to attract more users.

Elon Musk Drops Tesla FSD Price To $99

According to Tech Crunch's latest report, Elon Musk decided to cut the price of Tesla FSD to boost the adoption of its advanced self-driving software.

Originally, the Tesla FSD cost $199 per month. Now, the American EV maker started offering it for just $99 a month.

"You can now subscribe to FSD (Supervised) for $99/month in the U.S.," said the giant EV manufacturer via its official X account.

Elon Musk quoted this so that more of his fans would know the good news. In his post, many Americans expressed excitement about the cheaper price of the Tesla FSD.

However, some are disappointed, especially those who spent thousands of dollars to have access to FSD.

READ NEXT: Tesla Reportedly Ends Low-Cost Car Plans Due to Strong Chinese EV Competition

FSD's Importance for Tesla

In 2019, Elon Musk told his investors that the Tesla FSD would transform his EV company into a firm with a $500 billion market cap, as reported by CNBC. At that time, Tesla had a market cap of only $42 billion.

Now, thanks to the efforts of Elon Musk, Tesla is worth over $500 billion despite the Tesla FSD not being completed. Elon Musk sent a new notice to its customers to clarify that the software is not yet complete.

"Full Self-Driving (Supervised) can drive your Tesla almost anywhere," said the billionaire.

"It must be used with additional caution and an attentive driver. It does not make your vehicle autonomous. Do not become complacent," he clarified.

READ MORE: Tesla Robotaxi Isn't What Elon Musk Needs; Analysts Reveal How He Can Solve His EV Problems 

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