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WEBFI-TECH-Tesla FSD Price Increase Shows Elon Musk Is Bullish? (Ep. 490)



Tesla FSD prices are going up on January 17 (from $10,000 to $12,000) in the U.S.

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41 Comments

  • Matt Nis on January 9, 2022

    Answer: definitely

  • jelybrd on January 9, 2022

    They are making 5% improvements every two weeks. As that compounds over a week it will be 3.5x better in one year compared to the previous years version.

    People say it is as good as a 16 year old new driver back in October. What is .5x better than a 16 year old? Is that a professional driver? It's definitely better than the average driver on the road.

    1x(1.05)^26=3.56 if you want to see the math behind my claim

  • Martin Andersen on January 9, 2022

    Why pay $12,000 for something that doesn't work?

  • Jeremy Cooke on January 9, 2022

    Its really strange to figure out. But Elon always has a plan that is not always obvious. WHY is the COST of FSD ignored on Trade In to tesla?

  • Gary Moncrieff on January 9, 2022

    The simple fact is FSD's main goal is to save lives, by the time the $25k car arrives the masses won't be able to afford FSD.

  • Nirav Patel on January 9, 2022

    Car price went up almost $10K in last 12months and no one cared, FSD going up 20% its breaking internet.

  • Mark Kissinger on January 9, 2022

    A TESLA-FSD is a potential money-making machine for it's owner. Can FSD allow subscription service for owners of FSD only accounts?
    If I could afford FSD, I would buy it, if that would give me access to on-demand TESLA service with the vehicle that meets my needs at the time.

  • Jesus Navarro on January 9, 2022
  • Kyra Krieger on January 9, 2022

    Elon has access to information and subject matter experts (that we don't) to make decisions like this. It doesn't mean he is smarter. As an investor, I hope this is a positive for my investment. However, there is an inflection point where you can hurt overall revenue by pricing people out. It is a difficult market analysis problem all companies face – i.e., accurate pricing. For me, it is probably already too much. I'm curious how the pricing compares to the so-called non-competition. For example, Rivian supposedly has self-driving. How does it compare in function, features and pricing? If these non-competitors can provide all-inclusive pricing, they may be a force to be reckoned with. I don't know. Just voicing some thoughts.

  • Kevin Dickson on January 9, 2022

    Pure vaporware. Might as well raise the price.

  • Marc on January 9, 2022

    Too expensive imo

  • The Electric Man on January 9, 2022

    i dont think people will pay more for fsd

  • Mike Pearson / Engineering on January 9, 2022

    Their goal is to maximize profit, not maximize the number of people who buy it.

  • Marc Boucher on January 9, 2022

    This speculative game with FSD pricing is ridiculous. Tesla should charge what FSD is actually worth WHEN it becomes REAL. For now it is still not Full Self Driving. For the currently available functionality the 10-12k$ pricing is totally abusive. Summon is pretty much a useless toy, city streets beta is too restrictive and stressful to use (drives like a kid requiring intense supervision), highway driving requires hands on wheel too etc.. Currently the only really practical "FSD" feature if the automatic lane change on highway which would be worth maybe $1000 or so not $10-12k !!

  • Wudye Degu on January 9, 2022

    Thanks for sharing

  • Kony Stark on January 9, 2022

    Really wanna buy a tesla before FSD goes up but also really wanna HODL my tesla shares. Any opinions?

  • Bernhard Kaltenboeck on January 9, 2022

    To me the price hike is largely irrelevant, because FSD will go exclusively to subscription as soon as it becomes really useful. If you buy it now, it may take 3-5 years until you can actually legally use it without being ready to intervene. So you will have an already aged car when FSD becomes really useful. And when you get the next Tesla car, you will have to subscribe anyway.

  • Clayton Slade on January 9, 2022

    FSD price is a joke

  • Mr Abdul on January 9, 2022

    👍🏽

  • geniegogo on January 9, 2022

    great video Dave!, liked. I can get behind this. The comment about that's the same price as paint for a Porsche – lol this is very telling!! hahaha. Nobody is being forced to buy FSD that is the critical idea. Will FSD become more expensive?, it sounds like it could be. Having FSD becomes like having a chauffeur in your car and chauffeurs don't come free. It might be that most people can't afford to pay it but maybe they can pay in installments as part of the car price or pay for subscription – also they can wait for the much less expensive ~$25K model, even though inflation guarantees it won't be $25K… but the models following after that would be less expensive again. I believe after 10 years when FSD has changed the world only then could it be made less expensive. There is a wall that must crumble first which is the current hold that car ownership has on the population, this paradigm must shift, this way of car life. Also the hidden costs of further developing FSD with Dojo and future hardware upgrades is dictating this price increase. I feel that Tesla lives by the rule that business must be able to pay for itself. For example their profit on manufacturing must increase first before they can expand to a less expensive car that is more affordable for everyone. FSD project must pay for itself first before the price goes in a downward direction, likely years from now. Yes, also FSD must spawn the robo-taxi network and it will only succeed if it's profitable – as-is the businesses doing robo-taxi service will make more profit than Tesla who is developing FSD. Just like Hertz instantly becomes profitable just by buying Tesla cars, increasing their stock valuation by 60% – any transport service can make money buying Tesla FSD cars, let's look at Uber with +60% valuation, wait, their stock could double or quadruple if employing Tesla FSD. There you go, free market rules.

  • Todd Morgan on January 9, 2022

    Agreed, great video!!!!! People forget Dogo, the machine reaching the machine? You are gearing smarter or I am getting more aware! LOL

  • T. Phantom on January 9, 2022

    Love your assessments Dave – still one question remains: What do you think will be the cost for FSD in a saturated market? When adoption is above 30-35%…

  • Top Ev on January 9, 2022

    I predict that the price for FSD will keep going up each time Tesla perfect FSD closer to level 5 closer Tesla will increase FSD price until it reaches salary of taxi or class A drive one year salary up to $40,000 or $60,000 a year.
    If a Company buy FSD and don’t have to pay a driver to operate their classic trucks or taxi, every year after the first year all that money they save would go to profit instead of going to drivers salaries.

  • Steve Cox on January 9, 2022

    ONLY A DUMB ASS WOULD BUY A TESLA POOR DESIGN !! You want to throw money away buy a GM product not TESLA

  • Alex anon on January 9, 2022

    Musk was saying that AI driving technology should "mimic the way a person drives". This is his reasoning behind rejecting lidar/radar etc. If that's the case, why isn't he incorporating sound detection into his vehicles? A motorcycle splitting lanes is something drivers should be aware of but they won't see it before they hear it. Same with an ambulance/police car and ice cream truck playing music in a neighborhood. This FSD "technology" is vaporware plain and simple. The neural networks trained at Tesla are using Keras (python neural networks library available to anyone. Your grandma can download Keras and start training neural networks). The fact that they are using neural networks implies that there will be real world live data that is missing from training that the machine learning algorithms cannot "fill in" (predictively model). The theory and practice have demonstrated this over and over and over and over again for countless applications. It's scientifically unviable. People don't understand this but for some reason FSD price increase is bullish? More like bullsh*t.

  • Larry Hall on January 9, 2022

    I appreciate your reliably high level of enthusiasm, Dave. I read the comments below and wonder why basic driving situations are not handled better. Are they focusing the 'neural nets' on edge cases? Also, what does it mean to 'solve FSD in a year or two?' If you mean Level 5, that is going to take considerably longer by most evidence. Level 4, if achieved, would be impressive but is not FSD. I understand it is too late to change the name 'FSD' but this is the one area where critics pounce and claim Elon and Tesla are lying. That may not be fair, but he has been projecting full self-driving for a while now.

  • Saint 808 on January 9, 2022

    Nice title change Dave lol

  • Michael Jack on January 9, 2022

    Reading about people grabbing multi-figures monthly as income in investments even in this crazy days in the market,any pointers on how to make substantial progress in earnings?would be appreciated…

  • Sathiya Jag on January 9, 2022

    Companies would pay for FSD to employees so their employees can focus on meetings while driving to office..

  • sleepkeeper on January 9, 2022

    FSD in it’s current form is nowhere near ready for prime time wide release. I wish people would stop talking about Robotaxis when it is simply a fantasy right now. The car has to be able to at least drive safer or better than a regular responsible driver before that should even be mentioned. I am a big fan of Tesla cars, and a committed investor, so I would love to see the success all of us are dreaming of with Elon. I want to feel great about owning Tesla, and this particular product is simply not there, yet.

    My FSD MX drove into a median curb doing a routine left turn exiting a freeway, and sliced the Left rear tire. Lucky for me that it didn’t damage the wheel or the vehicle, but it did cost me a pretty penny to replace those expensive tires. Moreover, my FSD disables itself when it rains, pretty much when we really need that extra margin of safety from AI assistance.

    Early adopters and Beta testers should have some ongoing discount on future vehicle’s FSD for their contributions, like making it transferable to future upgrades. They should not raise the price of FSD until there is actually a safe, and truly reliable version that meets all safety standards first.

  • Chris Teasdale on January 10, 2022

    FSD being limited to only Tesla’s potential ROBO Taxi service is total BS. Also by the logic of everyone will use their car as a ROBO Taxi FSD in the future is like saying right now everyone should be renting out their cars on Turo or renting them to Uber/Lyft drivers nightly. Right I want drunk folks throwing up in my car nightly.

  • Lee on January 10, 2022

    I believe Elon said somewhere that when he was reviewing a FSD data graph that driver disengagements were trending down over time to where he thought L4 would be possible in 2022. Real, working FSD is IMO worth thousands of $ per month, like a 24/7 chauffeur.
    He is ramping up the pricing toward what L5 pricing SHOULD be and I agree with his decision.

  • chilla bella on January 10, 2022

    Thank you for the video Dave. I absolutely can't wait til FSD is fully in effect. Would be more than happy to contribute to that research. Especailly with the amount of money tesla has made for me.❤

  • dandeejay1 on January 10, 2022

    If Tesla needs higher profits, what's the first step taken after someone agrees to purchase a vehicle from a legacy auto company??? …. A trip to the finance department. I seen several earnings breakdowns with NO. finance profits shown. (I guess only shareholders buy Tesla's with their profits)

  • tipoomaster on January 10, 2022

    1:02 from hit that what channel? 😮

  • shingnosis on January 10, 2022

    I don't think the price hike is for FSD, I think it's because of the general high-demand of the cars and raising FSD prices looks better than raising car prices. Ordering FSD gets you an earlier delivery date, you can jump ahead of orders without FSD so lots of people pick it because of that. It's a little unusual for Tesla since Elon is typically more upfront about things, but I'm 85% sure this is the reason.

  • Robbie Fennell on January 11, 2022

    I tried this before. I ordered a Model Y RWD LD to lock in the price. Tesla never made the model. I couldnt update my design. When they finally allowed me to update the design, Tesla did not honor the FSD price.

  • Jay Lewis on January 11, 2022

    Someday they may hand out the cars under cost and make all the profits on software alone

  • John Reed  on January 11, 2022

    Lucid Air is going to eat lot of Tesla market share. People who are living in the bubble are buying over-hyped stuff at ridiculous valuation.

  • Dan Frederiksen on January 12, 2022

    Here's the thing, even at 200$ a month for non functional FSD, that's 36k$ over a 15 year life of a car. For something that doesn't work. FSD has been promised and sold to customers for 5-6 years now and given a typical 3 year ownership that's technically fraud. And has resulted in many lawsuits. The potential of autonomy is not in question but there is no merit to this pricing policy. It's quite unhinged and quite unnecessary. It needlessly tarnishes the brand good will. I hope uptake is very low so the policy is confronted somewhat. If they hire me I think there is a chance we could get to taxi operation in a year. But as it stands I really don't see them suddenly zipping up the asymptotic journey of 9s into a comfortable commercial flawless. Which is what is required for actual autonomy. It's an interesting feature, it's fun to play with but even in modestly complex roads it might crash once per minute. another way to look at it is, if 200$ a month is just the price for it not working, what will the price be when it works? 300? 400? 600? 400$ a month would be 70 grand over a 15 year life. That's a luxury car on top of the 1500$ already baked into the car for AP.
    Mobileye is not behind Tesla, they are just more timid about the roll out. The other car makers will not price it anywhere near these high prices so sooner or later there will be confrontation of these price. I hope it's right now from low uptake. If Tesla AI is spending enormous sums on prestige custom supercomputer factories, that's behavior I would reevaluate. Autonomous driving is just not that difficult. Google waymo did it 10 years ago with near nothing.

  • Paul Jack Vasilyev on January 14, 2022

    Great Stuff. I started watching your videos last year as a beginner before giving stock market a trial. I was able to make $972,000 within 3 Months with a capital of $200,000. keep it up!

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