Don’t want to pay after trying it? Tesla’s FSD subscription rate is only 2%, attracting attention

News on May 14, according to Gary Black, a well-known Tesla investor and managing partner of the Future Fund, according to data from credit card data provider YipitDate, Tesla’s U.S. car owners are getting FSD (fully autonomous driving). After a one-month free trial, only 2% of users chose to continue subscribing to the service, far lower than the 6% he expected. However, Black also mentioned that due to the small sample size of Yipit's survey, which only involved 3,500 users, it may not fully reflect the true wishes of Tesla owners.

Tesla’s FSD service is priced at US$99 per month. Black believes that Tesla needs to conduct in-depth research on whether the low subscription rate is due to users’ perception of the value of FSD. The downside is that it's priced too high. In addition, the implementation of FSD in the Chinese market also faces challenges. Although Tesla CEO Musk recently visited China and sought to launch FSD software in China, it has not yet received full approval from the Chinese government.

FSD is an important technology of Tesla, and its full name is Full Self-Drive, which means "full self-driving capability." Currently, Tesla's autonomous driving products can be divided into three categories: AP, EAP and FSD, with FSD being the highest level and including navigation assisted driving, automatic lane changing, automatic parking, smart summoning, traffic signal recognition and many other functions. But it is currently not available in the Chinese market.

Tesla FSD v12 version began to introduce "end-to-end neural network", which is a technology praised by Musk as "changing the rules of the game". It means that the operation control logic of the car has been processed by neural networks instead of codes written by traditional programmers. Musk also said that in the future, Tesla will push FSD updates containing major improvements to users every two weeks, and is expected to bring 78 major improvements every year.

The global promotion of FSD still faces many challenges, but Musk is confident about its future. He believes that with the continuous advancement of technology and the acceleration of update frequency, the safety of FSD will far exceed that of human drivers, reaching 10 times that of human drivers. At the same time, he also looks forward to launching and testing robotaxi in the Chinese market to further promote the development and application of autonomous driving technology.

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