EVNow
Well-Known Member
Zach can only talk about current practice - not something that happened several quarters back.Yes, but that statement is about current practice. The old Tesla.com (RIP!) fora were littered with posts from folks trading in for newer models and not getting jack for FSD. And of course, no credit towards the replacement vehicle's FSD.
ps :
So the next say.com question is, can Tesla allow for FSD to be transferred to another vehicle at a fee, something less than $10,000? Early adopters are paying the price if they want to upgrade their vehicle.
You lose the value on the trade-in and now you have to buy in at a higher cost.
Zach Kirkhorn -- Chief Financial Officer
I don't think that this is widely known, but we're already actually doing the sentiment of what this question is asking. If you trade in your Tesla to Tesla, we -- there's a difference in price that we pay for a trade-in that has FSD compared to one that doesn't. And so there's that premium that we pay to repurchase the FSD. That money can then be applied toward the purchase of a new car.
So I just -- you know, we hear this feedback quite a bit. We see it on social media. We see it in the forums, etc. And so this already does exist, not directly in the form here and we don't call it out explicitly in the trade-in potentially that we have increased the price of your trade-in as a result.
And hopefully, this clears this up because we do actually do that.