RJ: R2 conversion rate is "much higher" than internal expectations

[NinjaWrap]

FSD was cheap originally then went up to $8k and now is only monthly

Cheapest was $6000 for about a month (I got it in my 3P right after that for $7000). Then paid $10k in Model Y which I later transferred to Cybertruck. It went all the way up to $15k which is just stupid before coming back down.

I have shown the math before but a lower price actually increases overall revenue due to higher take rate.

Sponsored

 

[Eric9610]

Cheapest was $6000 for about a month (I got it in my 3P right after that for $7000). Then paid $10k in Model Y which I later transferred to Cybertruck. It went all the way up to $15k which is just stupid before coming back down.

I have shown the math before but a lower price actually increases overall revenue due to higher take rate.

In 2016 it was 3k...

 

[kanefsky]

In 2016 it was 3k...

a $3000 add-on to the required $5000 "enhanced autopilot" option.

 

[Eric9610]

a $3000 add-on to the required $5000 "enhanced autopilot" option.

wrong... Model S and X it was a straight 3k for FSD. one could argue that those people that paid the money never saw FSD, but that a different story... LOL

 

[kanefsky]

wrong... Model S and X it was a straight 3k for FSD. one could argue that those people that paid the money never saw FSD, but that a different story... LOL

A screenshot from my own Model S order:

Also see https://www.notateslaapp.com/tesla-reference/958/tesla-fsd-price-increase-history:

Before 2019 FSD was an add-on that required also buying Enhanced Autopilot. Enhanced Autopilot cost $5,000 and FSD was a $3,000 option on top of that if ordered with the vehicle. If you ordered FSD after taking delivery then it cost $4,000, which later went up to $5,000.​

Sponsored