Tesla has been one of the hottest car brands of 2020, hitting a 700% increase in sales within the year. Tesla CEO Elon Musk has been developing a full self-driving (FSD) car since 2014.
According to Mashable, while the company has already offered the highly advanced technology to select consumers, more people might be able to try out this feature in 2021. Instead of paying $10,000 for the 36-month access to the feature, FSD will be offered on monthly subscription.
Meanwhile, Elektrek noted that while getting the feature upfront will allow buyers get discount, those who did not will have to pay less insurance and taxes for the vehicle. Then, they could opt to add the feature whenever they want.
Yet, Tesla is positive that the feature will attract more subscribers, despite the high price of the monthly subscription. Also, Tesla said that the package price may be increased in the near future as new features will be added.
Read also : Tesla Stocks Suffer Worst Day at the Market After Elon Musk's Net Worth Had Historic $16.3 Billion Plunge
Tesla enters S&P 500 list
After failing to make it to the S&P 500 list in July that led to great slump in Tesla stocks, the company finally joined the elite companies on December 14.
On December 18, CNN noted that Tesla will easily become the top performing company for 2020 Index. Tesla shares are up by almost 700%, which is more than twice the current top performer of 2020. In November, its stock ms have surged by almost 65% after its S&P 500 inclusion was announced.
Meanwhile, another S&P 500 newcomer currently ranks second in best performing stock. Etsy, an e-commerce firm, is up by around 325% for 2020. On the other hand, Carrier Group is up by 225% after its merger with Raytheon.
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Written by CJ Robles
