Tesla is raising the price of its full self-driving option

n a few weeks, Tesla buyers will have to pay more for an option that isn’t yet completely functional, but that CEO Elon Musk  promises will one day deliver full autonomous driving capabilities.

Musk tweeted Saturday that the price of its full self-driving option will “increase substantially over time” beginning May 1.

Tesla vehicles are not self-driving. Musk has promised that the advanced driver assistance capabilities on Tesla vehicles will continue to improve until eventually reaching that full automation high-water mark.

 Musk didn’t provide a specific figure, but in response to a question on Twitter, he said the increase would be “something like” around the $3,000+ figure. Full self-driving currently costs $5,000.
The price hike comes amid several notable changes and events, including an upcoming Investor Autonomy Day on April 22 meant to explain and showcase Tesla’s autonomous driving technology. On Thursday, Tesla announced that Autopilot, its advanced driver assistance system that offers a combination of adaptive cruise control and lane steering, is now a standard feature.

The price of vehicles with the standard Autopilot is higher (although it should be noted that this standard feature is less than the prior cost of the option).  Buyers previously had to pay $3,000 for the option and examples given by Tesla suggest a $500 savings.

Tesla also announced it would begin leasing the Model 3 vehicles.

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