Tesla Launches Full Self Driving Subscription Package At $199 Per Month, Aims To Deliver Level 5 Full Self-Driving System - Tesla (NASDAQ:TSLA)

On Saturday, Elon Musk's Tesla Inc TSLA launched its Full Self-Driving (FSD) subscription for its driver-assistance software package for $199 per month, Reuters reports.
Tesla offered the Full Self-Driving package for a one-time payment of $10,000.
The FSD feature would cost $99 a month for those who previously bought the Enhanced Autopilot package.
According to Tesla, vehicle owners can cancel their monthly FSD subscription at any time.
The company has said that the current features do not make the vehicle autonomous. Instead, the vehicles require a fully attentive driver.
The subscription service is available in vehicles equipped with Full Self-Driving computer 3.0 or above. Upgrading to the new hardware will cost $1,500.
FSD capability subscriptions are currently available to eligible vehicles in the United States.
According to Electrek, Tesla aims to deliver a true level 5 full self-driving system.
Last week, the company started releasing over-the-air software updates for its FSD Beta version 9. This beta version was first declared in 2018.
Tesla has been testing its new semi-autonomous driving software for city streets and last week released "FSD Beta v9" to a limited number of customers.
The new FSD feature enables drivers to use several advanced driver-assist features via Autopilot mode on local, non-highway streets.
The vehicle currently has automated driver-assist features like Navigate on Autopilot, Auto Lane Change, Autopark, Summon, Full Self-Driving Computer, and Traffic Light and Stop Sign Control.

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