"Tesla's Free Full Self-Driving Trial Sparks Stock Surge and Sales Boost"
TL;DR Summary
Tesla's shares rose 4% after CEO Elon Musk announced a free trial of its Full Self-Driving (FSD) technology for U.S. customers, aiming to boost adoption amid regulatory scrutiny and softening demand. The trial comes ahead of potentially disappointing delivery numbers and follows aggressive price cuts. The FSD software, offered at $199/month, requires active driver supervision and has faced criticism for its high cost and limitations. Musk's move aims to increase FSD adoption, potentially adding $1 billion in net income if 20% of new buyers opt for the technology by 2026.
- Tesla shares gain as Musk offers US customers Full Self-Driving software trial Yahoo Finance
- Elon Musk Pushes to Increase Use of 'Full Self-Driving' Software as Tesla Sales Cool The Wall Street Journal
- Can new Tesla driver-assist incentive boost sales amid slow EV demand? Yahoo Finance
- All Teslas in the US get a one month trial of FSD starting this week Electrek.co
- Tesla Stock Is Rising. The EV Maker Offers Full Self-Driving Free Trial. Barron's
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