KEY TAKEAWAYS
- Elon Musk announced that Tesla would offer a one-month free trial of the electric vehicle (EV) maker's Full Self-Driving system (FSD).
- Musk also reportedly told employees that before turning over the vehicles to new buyers, they must first take them on a short test drive to explain how FSD works.
- The news lifted Tesla shares Tuesday, but they still have lost about a quarter of their value this year.
Tesla (TSLA) shares gained Tuesday after 澳洲幸运5官方开奖结果体彩网:Chief Executive Officer (CEO) 澳洲幸运5官方开奖结果体彩网:Elon Musk announced that the electric vehicle (EV) maker will offer owners a frඣee trialꦆ of the company’s driver-assist option.
On X, the social media site he owns, Musk said, “All US cars that are capable of FSD will be enabled for a one month trial this week.” FSD stands for the carmaker's Full Self-Driving system.
In addition, Musk reportedly wrote in a memo to employees that it’s mandatory in North America to install and activate FSD in newly purchased vehicles, and that buyers must be taken on a short test drive to understand how it works before they leave with their Tesla.
The move comes as the company tries to gin up sales with 澳洲幸运5官方开奖结果体彩网:demand for EVs 🎐industry-w𓃲ide slumping. Tesla has offered 5,000 free hours of Supercharging for customers who take delivery by the end of the month, and 10,000 free🌠 hours for owners who trade in their Tesla for a new one.
Tesla shares were up 5.3% to $181.81 as of about 11:30 a.m. ET Tuesday but have still lost more than a quarter of their value in 2024.
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