TMC is an independent, primarily volunteer organization that relies on ad revenue to cover its operating costs. Please consider whitelisting TMC on your ad blocker and becoming a Supporting Member. For more info: Support TMC
  1. TMC is currently READ ONLY.
    Click here for more info.

Blog Tesla's Full Self-Driving Option Now Costs $10K

Discussion in 'Autopilot & Autonomous/FSD' started by TMC Staff, Oct 29, 2020.

  1. freeAgent

    freeAgent Member

    Joined:
    Oct 29, 2020
    Messages:
    110
    Location:
    SoCal
    FSD is a separate product with its own price. You don't have to buy it in order to get the car. I don't know what you mean when you say how well the gamble worked out for people who bought between 2016 and 2018. Those people paid a lower price than buyers now. They aren't in the market anymore. People who are in the market are those like me who have a car pending delivery or who decided not to order FSD when they bought their car before. To me, FSD is far from worth it at $10k and it wasn't worth $8k either. I would have paid $4k for EAP, but that isn't currently available. I'll wait until it is available or go without. It's no skin off my back because the price is above the value I would derive from it (it's not a matter of being able to afford it or not).
     
  2. whitex

    whitex Well-Known Member

    Joined:
    Sep 30, 2015
    Messages:
    6,361
    Location:
    Seattle area, WA
    Honestly, it doesn't sound like you were going to buy it at $8K either. If you were certain, you could have borrowed the $7K when buying the car new and even with interest be ahead in 2021 even if price was only at $8K. The fact that you didn't include FSD in your car purchase means you were not 100% certain you will buy it a year later. Perhaps the price hike just saved you a few months of anguish whether or not to spend $8K?
     
  3. whitex

    whitex Well-Known Member

    Joined:
    Sep 30, 2015
    Messages:
    6,361
    Location:
    Seattle area, WA
    You are one of those few for whom the price hike served as an incentive to purchase earlier, or to push you "off the fence". Given that the notification of the price hike only gave people a few days notice, that is probably only a side effect.
     
  4. whitex

    whitex Well-Known Member

    Joined:
    Sep 30, 2015
    Messages:
    6,361
    Location:
    Seattle area, WA
    #24 whitex, Nov 2, 2020
    Last edited: Nov 2, 2020
    Yep, that is why I said "optional".
    FSD in 2016 was $8K pre-delivery and $10K post delivery (it was split between EAP and FSD cost, but to get FSD you had to pay for both). So yes, those people who paid 4 years ago paid less than people who order as of the price hike, but more than a lot of people after 2016. As to how it worked out for them, what is the most advanced, even limited to "safe drivers", Beta FSD available to anyone with MCU1? So, as to how this gamble worked out for them, well let's see:
    1. They paid same or more in 2016 than anyone who ordered before October 2020.
    2. They were told FSD functionality was going to start trickling in in December 2016. Not a single FSD feature (as defined pre-mrch-2019, which is what people paid for in 2016) has been delivered until 2020 (traffic light/stop sign recognition), despite being shown a video in 2016 which showed FSD more capable than today's FSD Beta with MCU2+AP3+AP3 sensors.
    3. Current features of FSD don't work well or at all with MCU1 + upgraded AP3 (but with AP2.0 cameras and sensors for those from 2016)
    4. In March 2019 Tesla redefined what FSD means and is pretending the old definition does not exist
    So, that is how it worked out for those people so far.
    That is all I was saying all along, people who think that FSD today is worth $8K and people who think it's worth $10K overlap almost entirely. There is a very small number of people who think it is worth $8K but not worth $10K.
     
  5. freeAgent

    freeAgent Member

    Joined:
    Oct 29, 2020
    Messages:
    110
    Location:
    SoCal
    That's a different story from your original:

    None of us know what the net impact will be to revenue, but we should be fairly confident that the number of actual buyers will go down when the price increases. Whether that leads to increased or decreased revenue and profit for Tesla depends on the demand elasticity. I don't know if Tesla break out sales of FSD in their quarterly reports, but that's about the only indication someone outside Tesla's finance department will get of how the price increase is turning out for them.
     
  6. BJCard

    BJCard Member

    Joined:
    Jun 1, 2020
    Messages:
    34
    Location:
    Augusta, GA
    Its true, I was on the fence at $7k. It did not look to be worth that much back then. I paid cash for the car in June and was planning on adding fsd in 2021. This was due to cash availability at the time. I didn't realize the price would have gone up so much, and im turned off by it. Perhaps the subscription will be for me.
     
  7. spokey

    spokey Member

    Joined:
    Aug 8, 2020
    Messages:
    477
    Location:
    Flagtown
    maybe a nit, but I bought it before it was announced, but was speculated about. And given that it went up I think twice between considering purchasing the MY and actually getting it, I bought on the speculation.

    Not really on the fence although you might decide I was. I considered how the gov has been whining about finances for months and given that they have deferred the low income homestead rebate that they might not come through. I had decided I would not buy it if I didn't get the 5K. So when speculation started about an increase, my application was accepted as good (still no check I'll admit), and others started actually getting checks, I did the upgrade. In my head, rightly or wrongly, I had convinced myself that the rebate made it a $3,000 upgrade. The rationale had been fixed in my brain when I ordered the car.
     
  8. whitex

    whitex Well-Known Member

    Joined:
    Sep 30, 2015
    Messages:
    6,361
    Location:
    Seattle area, WA
    Sounds like a splurge purchase which you couldn't justify on its own value merits, so instead you offset the cost by the amount of "bonus" money, to rationalize the purchase. Hey, I've been there myself! Nothing wrong with indulging yourself once in a while with some toys. YOLO.

    PS> One trick when rationalizing, assign some value to the pleasure you will have from buying and using something. Helps offset prices too :)
     

Share This Page

  • About Us

    Formed in 2006, Tesla Motors Club (TMC) was the first independent online Tesla community. Today it remains the largest and most dynamic community of Tesla enthusiasts. Learn more.
  • Do you value your experience at TMC? Consider becoming a Supporting Member of Tesla Motors Club. As a thank you for your contribution, you'll get nearly no ads in the Community and Groups sections. Additional perks are available depending on the level of contribution. Please visit the Account Upgrades page for more details.


    SUPPORT TMC