Analyzing Tesla's Decision to Slash Full Self-Driving Price and Its Impact on Profits
Tuesday, 16 April 2024, 12:30
Impactful Analysis of Tesla's Full Self-Driving Price Cut
Cheaper Full Self-Driving (FSD) isn't the way to higher profitability at Tesla. Tesla (NASDAQ: TSLA) has cut the price of Full Self-Driving (Supervised) to $99 per month, a 50% price cut, in an effort to get more users on the autonomous driving platform. But the financial impact may be limited, and Tesla's effort to transition into a robotaxi company may take longer than expected. Travis Hoium delves into the details of this strategic move in this video.
Key Takeaways:
- Price Reduction: Tesla reduced FSD price to $99 per month.
- Profitability Concerns: The impact on profitability questioned.
- Robotaxi Transition: Transition may face delays.
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