Tesla will hike the price of semi-autonomous 'Full Self-Driving' package - Business Insider

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Tesla will hike the price of semi-autonomous 'Full Self-Driving' package - Business Insider
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Tesla is hiking the price of its semi-autonomous 'Full Self-Driving' package soon in anticipation of new over-the-air updates

Tesla plans to bump up the price of its "Full Self-Driving" feature on July 1, Elon Musk said in a tweet on Friday.

The add-on currently costs $7,000, but many of the capabilities it promises are still in development — essentially, buyers are paying for software updates that Tesla will release incrementally. Musk also said in a Friday tweet that he hopes to introduce traffic-light and stop-sign recognition in the US in a few weeks, but Tesla has historically failed to meet the timelines its CEO has publicly set forth.

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