Tesla (TSLA) CEO, Musk announced on X that the Co. will stop selling FSD after 14th February and will only be available as a monthly subscription after
Newsquawk Staff ·
Tesla (TSLA) CEO, Musk announced on X that the Co. will stop selling FSD after 14th February and will only be available as a monthly subscription after.
What it means
Musk's announcement to transition Tesla's Full Self-Driving (FSD) to a subscription model after February 14th could significantly impact revenue expectations and consumer accessibility. This move may signal a shift in Tesla's strategy to focus on recurring revenue streams, potentially attracting more customers but also leading to uncertainty among existing owners. Watch for how this could affect investor sentiment and the broader auto and tech sectors as the details unfold.
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