EAP didn't exist when I got my car, so I got FSD - mainly because Tesla said that "automatic driving on city streets" was "coming later this year" (2020). Obviously that never happened.
EAP started being offered in Europe in 2021 I believe, and I feel strongly that this was a tacit admission by Tesla that:
- the price of FSD in Europe was too high relative to the crippled functionality,
- that they could not discount FSD without risking the ire of all of those people who had already paid for it,
- they couldn't reduce the price of FSD anyway without compromising the FOMO narrative that it will always get more expensive so BUY NOW!
The fact that EAP gives you 99% of the feature set of FSD for half the price speaks volumes. It does not exactly replace FSD, so Tesla can claim that FSD-havers have something extra to justify the extra £3,400 delta. Imagine being asked to pay £3,400 extra for "Traffic Light Stop and Go" today...
Either way neither are worth the price in objective terms. EAP may or may not feel like its worth the money if you do a lot of motorway miles, particuarly as activating Autopilot now enables auto high beam whereas FSD doesn't deactivate AP on a lane change, so there's no reactivation. For some people not having to suffer that might be worth the money.
If I had put the money I spent on FSD into Tesla shares I would've had 10x from it in returns, and I'd be no worse off in practical terms. All I can use Summon for is to move my car backwards and forwards while washing it, "Come to me" is an impossibility due to the very limited range that it works. Autopark almost never identifies a space before I'm already about to park, and when it does it is like someone taking their driving test. NoA is the only half decent thing in the package.
In terms of buying FSD acting as some sort of perpetual coverage for hardware upgrades - it's tough to see how we'll get HW4.0 for free if it involves all of the cameras and Autopilot computer being changed. The idea that cars built in 2019 have the capable looms etc for this seems unrealistic. Tesla could also string out those owners (e.g. me) for an almost indefinite amount of time while they're putting this kit in new cars. It's tough enough for existing owners to get replacement glass, panels, etc - much less components that have microprocessors that Tesla could sell as part of a new car. Tesla are chasing new car sales at the behest of everything else. So, in that respect existing owners who bought FSD could easily end up having to wait several years before being offered that "free retrofit", long past the point they would ordinarily have traded in the car anyway.
I'm planning to ask for a refund of FSD within the next 3 months or so (3 year anniversary of buying the car), if I haven't sold it by then instead. If Tesla fail to give a refund I'll be looking to get it via court.