Tesla is simply valuing its Full Self-Driving bundle excessive when it’s handy for the corporate. When it’s not, like for trade-ins, the automaker isn’t as optimistic concerning the worth.

Elon Musk famously mentioned that Tesla automobiles have develop into “appreciating property” as a result of Self-Driving (FSD) bundle.

The logic behind the declare is that he believes as Tesla improves its FSD bundle by software program updates, it might improve the worth of Tesla automobiles. To mirror that, he mentioned that Tesla would incrementally improve the worth of the FSD bundle.

Musk prompt that the worth of FSD may find yourself nearer to $100,000 to $200,000 as soon as absolutely autonomous, however these claims have but to materialize, and Tesla has missed a number of of Musk’s public timelines to realize self-driving.

As a substitute, the automaker has launched FSD Beta and stored rising the worth of the bundle, which now sells for $15,000 within the US and $19,500 CAD in Canada. That’s if you add the bundle to a brand new order or an present automobile, however that’s the one time Tesla values the FSD bundle that top.

A number of Tesla house owners have reached out to Electrek, pissed off with the method of upgrading their automobiles with Tesla due to the trade-in worth the automaker would assign to their present Tesla automobiles.

The automaker has began to checklist its trade-in estimates with the point out that it “contains the worth of Full Self-Driving.”

Tesla house owners reported that Tesla seems to worth the bundle for trade-ins at a fraction of what it sells it for.

Having a Mannequin 3 with FSD, I checked this out for myself, and certain sufficient, I used to be stunned to seek out out that Tesla was providing me solely $41,200 CAD for my automotive:

That features the FSD bundle, which Tesla sells for $19,500 in Canada – about half of the worth Tesla is assigning to the entire automotive.

For reference, a brand new Mannequin 3 Efficiency begins at $73,000 CAD in Canada, and it might price $96,000 when configured like mine with FSD.

If we evaluate to trade-in estimates Tesla gave to consumers with related Mannequin 3 Efficiency with out FSD, it might seem that Tesla values the bundle at effectively under $10,000. That’s regardless of not having delivered on the guarantees of the performance of the bundle – aka full autonomy.

Electrek’s Take

What’s so irritating about that is that Elon is at all times raving about how unimaginable FSD is and the way most individuals “don’t perceive its worth,” however but, Tesla itself closely devalues it in used automobiles, regardless of not delivering on its guarantees.

I feel most individuals know the answer to this – aside from giving the next worth – and that’s letting Tesla house owners switch FSD to new automobiles.

It might encourage present Tesla house owners with FSD to improve to new automobiles with out feeling like they purchased FSD for nothing, or barely something, on their earlier automobiles.

I don’t perceive why Tesla doesn’t do this. It wouldn’t be costly, and it might assist gross sales whereas creating some goodwill round FSD.

What do you suppose? Tell us within the remark part under.