• Sun. Jun 23rd, 2024

Tesla Launches One-Month Trial of Full Self-Driving Technology amidst Pressure on Sales and Margins

BySamantha Johnson

Mar 26, 2024
Tesla offers customers a one-month trial of driver-assist technology

Tesla has announced a one-month trial of its Full Self-Driving (FSD) technology to both new and existing customers in the United States. This move comes amidst pressure on Tesla’s sales and margins due to price competition and weakening demand. FSD is an optional feature priced at $12,000 that allows vehicles to navigate city streets, although Tesla emphasizes that its driver-assist systems such as Autopilot and FSD still require active driver supervision and do not make the vehicles autonomous.

Elon Musk has faced challenges in delivering on his promise of achieving full autonomy for Tesla vehicles, and the company’s driver-assist software is currently under regulatory scrutiny regarding safety and marketing practices. Musk confirmed in a social media post that all US cars with the capability for FSD will be enabled for a one-month trial starting this week. The trial has been made available for new sales of Tesla models X, S, and Y, as per information on Tesla’s website.

Tesla’s margins have been impacted by a price war with competitors that began over a year ago. In January, Tesla warned of slower sales growth this year as it focuses on producing its next-generation EV, codenamed “Redwood.” The company is also facing increased regulatory scrutiny of its self-driving systems and other areas in the US and some European countries. In December, Tesla recalled nearly all of its 2 million vehicles on US roads to implement new safety measures.

By Samantha Johnson

As a dedicated content writer at newsanguinely.com, I weave words into compelling stories that captivate and inform our readers. With a passion for storytelling and a keen eye for detail, I craft engaging articles that shed light on the latest news and trends. When I'm not typing away at my keyboard, you can find me exploring new ideas, researching diverse topics, and striving to deliver content that resonates with our audience. Join me on this journey as we uncover the stories that matter most.

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