Tesla Cuts FSD Prices to as Low as $4,500 – Owners Who Paid $15,000 Demand a Refund

Tesla's recent price cuts for the full-self-driving software have angered current owners who have paid more than three times for the option. Tesla has lowered the FSD price to as low as $4,500 on some variants.

In an update to the company’s online configurator, Tesla has instituted a wide-ranging price cut on the full self-driving software package. The FSD price cuts apply to both new and lightly used demo vehicles.

Tesla investor and personality Sawyer Merritt first noticed the price cut; in a now-deleted X post, Sawyer wrote…

“BREAKING: Tesla has dropped the price of FSD to as low as $4,500 for select new vehicles in inventory.

Some demo vehicles in inventory are showing an FSD price as low as $4,500, while some new (non-demo) vehicles are showing an FSD price as low as $6,000.

Tesla typically charges $8,000 for FSD. These price adjustments are likely aimed at boosting sales and clearing inventory as much as possible before the end of Q3, which concludes at the end of this month.”

Since almost all Tesla vehicles are built to order, you might be wondering what “new” inventory vehicles mean. New inventory vehicles are vehicles that Tesla built for a customer, but for some reason, if the new owner refuses delivery, the vehicles end up on Tesla’s inventory page.

This means these are brand-new vehicles currently sitting at a Tesla service center. On the other hand, demo vehicles are made to be displayed in the showroom and used as test vehicles for potential owners.

Returning to the issue at hand, Tesla has massively cut FSD prices once again. As Sawyer stated above, now Tesla is only asking $4,500 to get FSD on demo vehicles and $6,000 for new inventory vehicles.

To see how big of a deal this is, only last year, Tesla was charging $15,000 for anyone to purchase the FSD package.

Many people hurriedly bought the FSD software, as Elon Musk was threatening that prices would keep increasing and eventually reach over $100,000.

To be fair to Musk, a level 5 self-driving vehicle that can autonomously operate anywhere and anytime has a lot more value than a vehicle that’s not autonomous.

However, that would have been the case if Tesla could deliver level 5 full self-driving in any timeline that Elon Musk predicted.

Musk has been saying level 5 autonomy is only a year away since 2016. Understandably, people have lost faith in Tesla’s FSD roadmap, and the EV maker has had to lower the price repeatedly to sell the software package.

This has understandably angered Tesla owners, who paid as much as $15,000 to purchase the FSD software. One such owner, who plopped the $15K, says Tesla should at least offer these owners store credits for the difference to make them whole.

Other people who have paid $12,000 and $8,000, even some as early as a few days ago, echo this sentiment and are asking Tesla for a refund.

What makes Musk’s broken FSD promises even more frustrating is that the people who most likely paid the $15,000 are the ones who believe Elon’s words and his mission.

Others who were more skeptical of Musk held on and can now purchase the same software at a $11,500 discount.

Understandably, Musk supporters feel betrayed and are asking Tesla to rectify the situation. Let me know what you think Tesla & Musk ought to do now. Share your opinion by clicking the red “Add new comment” button below. Also, visit our site, torquenews.com/Tesla, regularly for the latest updates.

Image: Courtesy of Tesla, inc.

For more information, check out: Tesla Says The Cybertruck Hitch is Rated to Support the Same Vertical Loads as the Model Y – “No More than 160 lbs or 2 Bicycles”

Tinsae Aregay has been following Tesla and the evolution of the EV space daily for several years. He covers everything about Tesla, from the cars to Elon Musk, the energy business, and autonomy. Follow Tinsae on Twitter at @TinsaeAregay for daily Tesla news.