Tesla Announces FSD Transfer Policy: What You Need to Know

Tesla has made a significant update for its Full Self-Driving (FSD) Beta software, allowing owners to transfer this $15,000 feature to a new vehicle. This news, shared by CEO Elon Musk during the company’s Q2 2023 financial call, responds to customer requests for greater flexibility. However, this offer comes with a crucial stipulation: it only applies to owners who trade in their old Teslas and place an order for a new vehicle within the third quarter of 2023.

Despite this new policy, there are notable concerns. Tesla’s approach to valuing the FSD Beta during trade-ins has raised issues, with some users reporting that the feature’s trade-in value falls below $10,000, affecting their final purchase price for a new car. Additionally, although the FSD Beta was initially marketed as a significant technological asset, it remains classified as Level 2 automation, and the promised advancements in autonomy are still in development.

For those who did not purchase the FSD Beta or who acquired a used Tesla, Tesla offers a monthly subscription option at $199 for Basic Autopilot and $99 for Enhanced Autopilot. This update underscores Tesla’s ongoing efforts to balance customer demands with technological advancements while addressing concerns over the perceived value of their high-end features.

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