Musk: Tesla's (TSLA.US) fully autonomous driving system will increase in price to $12,000

Elon Musk said on Twitter on Saturday that Tesla (TSLA. US) Fully Automated Driving System (FSD) price will rise to $12,000 from Jan. 17.

It is understood that this fully autonomous driving system, for most customers, the current upfront cost is $10,000, and an additional $199 per month subscription fee is required. Musk also said on Twitter: "When FSD is released at scale, the monthly subscription price will rise."

Tesla began testing the FSD beta version as early as October 2020, when it was priced at $8,000, but soon raised the price to $10,000. Tesla's fully unmanned autonomous system has standard autopilot features (automatic emergency braking, forward collision warning, straight lane keeping and adaptive cruise control), as well as a range of complications such as automatic lane change, stop light recognition, and "Smart Summon." But most importantly, despite its naming emphasis on "fully autonomous driving," the system doesn't actually allow cars to drive themselves without anyone.

In addition, musk recently talked about the issue of FSD on the podcast, saying that in 2022, Tesla's development of FSD will enter the level of Level 4 autonomous driving." "Anyone who pays close attention to fully automated driving tests will find that autonomous driving systems are becoming more and more intelligent (driving without the need for too much human intervention). In current systems, drivers often need to step in to stop the car from doing something potentially dangerous. But the data shows that the number of driver interventions per million miles is falling dramatically. Musk said. At the same time, he also believes that the system will eventually be safer than human driving.