FSD Price Cut to $12k Tonight, Aug 31/ Sept 1 2023

[JHCCAZ]

I only know this because I was on the phone with my son who was in the process of ordering his second Tesla, a red MY to replace the family's Honda SUV.

As we were on the phone intermittently, he was commenting that the inventory cars seem to be fluctuating somewhat in price. Then he noticed cars with FSD were showing a big reduction due to FSD being "only" $12K! (He's not able to buy it, but his chosen car did fall by $500 while he was considering it, nice.)

Sure enough, the order configuration page on the Tesla website now shows $12K for FSD...

Good news overall, but some people are going to be screaming around here...

 

[n.one.one]

I only know this because I was on the phone with my son who was in the process of ordering his second Tesla, a red MY to replace the family's Honda SUV.

As we were on the phone intermittently, he was commenting that the inventory cars seem to be fluctuating somewhat in price. Then he noticed cars with FSD were showing a big reduction due to FSD being "only" $12K! (He's not able to buy it, but his chosen car did fall by $500 while he was considering it, nice.)

Sure enough, the order configuration page on the Tesla website now shows $12K for FSD...

Good news overall, but some people are going to be screaming around here...

Confirmed...it's on the order page along with a price reduction so that some configurations qualify for the tax credit if below $80k.
No added cost for any color. Yoke option takes it over 80k.

 

[AlanSubie4Life]

Probably Elon saw the autowiper performance on latest build and finally threw in the towel.

 

[JHCCAZ]

No added cost for any color.

That's nice, people buying those cars deserve a little break.

Yoke option takes it over 80k.

That means the yoke costs $7750 even though it says $250!
Maybe they should take another look at that..

 

[Evee]

so.. its just complete bullshit if they can just change prices like this on a so called appreciating asset...

 

[uscbucsfan]

so.. its just complete bullshit if they can just change prices like this on a so called appreciating asset...

No logical person believes FSD is an appreciating asset. It's software on a call that gets little to no value in resale.

That's just hyping up stocks.

 

[CTruck_BMW]

So, with the new price reductions I just noticed that FSD now is 12K...

Does anyone think it's worth it now? I tried it but my 2023 is still on 11.4.4 with HW4, not sure why it did not progress beyond that. I tried FSD, it worked well under the "average" mode. Did not like much but I still prefer to be driven and if 11.4.6 or 11.4.7 is much better, and assuming within a year it will be 2X 3X better, I do see myself using it most of the time. I came from BMWs and M-Benz which I have been driving on Drive-Assist or lane keep assist 100% of the time even in city, so am tunes to let the car at least steer and do centering, and taking full turns is even a plus to my liking.

DOES IT WORTH IT NOW? I did the 200/month math... at 12K, sounds like the comparison is closer now.

The new cars price reductions hurts... at least I got my long range at a 9,500 discount.... about 5K hit for me all together. Sucks but whatever I love my car.

 

[JB47394]

No added cost for any color.

For anyone who missed it, this only applies to Model S and Model X vehicles.

That means the yoke costs $7750 even though it says $250!

Huh? $79,990 + $250 = $80,240. Am I missing a joke?

 

[DarkandStormy]

https://twitter.com/x/status/1479595757388845059

https://twitter.com/x/status/1262530589506273280

Per Elon, FSD is regressing.

 

[kabin]

An FSD price cut was long overdue. At least it's a move in the right direction. I imagine TSLA is looking for a higher take rate. At $15k it was an albatross. We'll see if $12k is any better but I imagine not.

 

[Jerryr]

For anyone who missed it, this only applies to Model S and Model X vehicles.

Huh? $79,990 + $250 = $80,240. Am I missing a joke?

The OP was probably factoring in losing the $7,500 tax credit when the price exceeded $80k. So it's $250 PLUS you lose the $7,500 so net cost is $7,750 for the yoke

 

[SoCal Buzz]

Tesla has been making and breaking FSD promises of autosteer on city streets coming soon for 8 years. While AP and some EAP features perform reasonably well, there is nothing that indicates their evolving hardware suite and FSD strategy will ever be capable (or safe). Save your money and only pay for proven capabilities, not broken promises.

 

[Predation]

No. maybe at $4

 

[CTDW]

no

 

[CTruck_BMW]

I re-did the math and I think you guys are right. Even at 12K, it would take a lot of years before the re-sale value benefit (probably only 3K more) plus the monthly subscription avoidance, before it may exceed the 12K threshold.

Sounds to me that in order for FSD purchase to be well worth it it must drop to 6K... otherwise monthly and on an as needed basis is still better. Plus we travel outside the country for 2 months every year (that's 400 USD I can avoid per year) and during the very harsh winter of 4 months where I live, I would never ever want FSD as we can barely see the roads (that's another 200*4=800)... $1200.... Turns out my cost can be about 600 USD per year if I do monthly subscription and only use it when I really need it. Over 5 years of ownership, this is about 3000 USD... All that assuming the monthly cost remains 200 USD/m, but honestly if they increase it I don't see how anyone would subscribe to it (200 USD is already too much for many)..... For 200 USD one can lease a toyota camry lol and get another car really... or even support a loan for a Model 3!!!

 

[ucmndd]

No, not a chance. Still $10k overpriced.

 

[Evee]

does anyone else get the "what the eff you see kay is going on" vibe

 

[DayTrippin]

If it was 4k, I might bite. Still vastly overpriced. I'll rent it for when I really need it.

 

[JulienW]

No logical person believes FSD is an appreciating asset. It's software on a call that gets little to no value in resale.

That's just hyping up stocks.

So is my $100,000 Model 3 Robotaxi now only worth $97,000?

 

[AlanSubie4Life]

Per Elon, FSD is regressing.

These quotes do not account for his later Tweet/X. This is just the deflation he promised above.

An FSD price cut was long overdue

Yes, have to keep pace with deflation.