Tesla chief executive Elon Musk tweeted on Friday that the electric carmaker will raise the US price of its advanced driver assistant software dubbed “Full Self Driving” to $12,000 on January 17.
The 20% price rise comes less than two years since Tesla raised Full Self-Driving (FSD) prices to $10,000 from $8,000 in 2020.
“Tesla FSD price rising to $12k on January 17. Just in the US.” Musk tweeted.
Musk also added that the monthly subscription price will rise when the system goes to a wider release.
“FSD price will rise as we get closer to FSD production code release,” he tweeted.
Tesla has been expanding the release of a test version of its upgraded FSD software, a system of driving-assistance features – like automatically changing lanes and making turns, but the features do not make the vehicles autonomous.
• Reuters with additional editing by Jim Pollard