• btc = $66 559.00 3 102.08 (4.89 %)

  • eth = $3 486.24 107.89 (3.19 %)

  • ton = $7.34 0.09 (1.23 %)

  • btc = $66 559.00 3 102.08 (4.89 %)

  • eth = $3 486.24 107.89 (3.19 %)

  • ton = $7.34 0.09 (1.23 %)

22 Jul, 2023
1 min time to read

Tesla CEO Elon Musk announced that the company will be offering a limited-time opportunity for current vehicle owners who have purchased the Full Self-Driving (FSD) package to transfer it to a new car.

The official terms of the FSD transfer offer were shared on Twitter by user @Kdahlenburg, revealing that customers wishing to take advantage of the opportunity must purchase a new Tesla and take delivery before September 30th, 2023.‌‌

However, Tesla cautions that they cannot guarantee delivery within the program's end date, and the offer will not be applied retroactively after delivery.‌‌

Additionally, owners must be aware that their FSD on their current vehicle will be paused "up to one week" before their scheduled delivery day for the new car.‌‌

Previously, Tesla treated FSD purchases as a permanent feature tied to a specific vehicle, which meant that if an owner wanted to upgrade to a different Tesla model, they would have to repurchase the expensive FSD package. Moreover, if a car was unfortunately totaled in an accident, the FSD package would be lost along with it.‌‌

The FSD package, once priced at $5,000, has since skyrocketed to $15,000, adding to the discontent among Tesla owners. Some managed to privately sell their vehicles without Tesla disabling the existing FSD software, but with this new offer, Tesla denies any future transfers, whether through private sales or otherwise.‌‌

Although the FSD transfer offer might not satisfy customers who have made recent vehicle purchases before July 20th, it is likely to generate additional sales for Tesla during a quarter where deliveries were already expected to slow due to factory upgrades.‌‌

In a related development, Musk also revealed that Tesla is currently in discussions to license the FSD software to another automaker, signaling a potential new revenue stream for the electric car manufacturer.