Tesla CEO Elon Musk made an unexpected announcement on July 19 during the Q2 2023 earnings call about a breakthrough that has thrilled EV aficionados and automobile buyers alike. Tesla is now allowing owners of its highly sought-after Full Self-Driving Beta (FSD Beta) to transfer ownership for the first time ever, a move that might have a big impact on how this cutting-edge technology is accessed and used in the near future.
The Full Self Driving package is priced at $15,000 in the United States
During the third quarter, which runs until the end of September, existing owners are permitted to transfer their FSD Beta to a new Tesla vehicle thanks to Tesla’s offer. This innovative idea attempts to encourage existing Tesla owners to switch to the newest models without having to pay the high cost of the FSD package, which costs $15,000 in the US or is available as a monthly subscription for $199 for vehicles with Basic Autopilot and $99 for vehicles with Enhanced Autopilot.
The eligibility requirements for the FSD Beta transfer program have been set forth. At the time their new Tesla is delivered, customers must be able to drive fully autonomously in their current Tesla. Additionally, only new Tesla vehicles delivered between July 20 and September 30, 2023, are eligible for this promotion.
Tesla will remove the FSD capability from the original vehicle up to one week before the new Tesla is scheduled to be delivered, with a brief automatic reboot during the process, for those eager to take advantage of the offer, they must either forfeit the FSD capability on their current Tesla or choose to trade in their vehicle directly with Tesla when purchasing a new one.
It’s essential to note that this transfer can only occur once and cannot be transferred to another vehicle or another individual, even through private sale. Additionally, the offer cannot be combined with other promotions and becomes non-reversible once the new Tesla vehicle is delivered or the FSD capability is removed from the existing vehicle, whichever comes first.