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 Tesla just objectively decreased the value of the Model 3 and Model Y. On Thursday, the company said it's paywalling its lane-centering feature, Autosteer, for new purchases of the two EVs in the US and Canada. This was previously a standard feature. Lane centering is now part of the Full Self-Driving Supervised (FSD) package, which costs $99 per month.
Speculating on why Tesla would do this doesn't require much imagination. Remember the pay package Tesla shareholders approved for Musk in November? One of his requirements for receiving up to $1 trillion is reaching 10 million active FSD subscriptions.
One of Musk's stipulations for receiving $1 trillion is reaching 10 million active FSD subscriptions. (Photo by ANGELA WEISS/AFP via Getty Images)ANGELA WEISS via Getty Images
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At Davos, Musk sold a vision of himself that doesn't align with reality.
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Humanoid robots, space travel, the science of aging—Musk weighed in on all of it at this week's World Economic Forum. But his predictions rarely work out the way he says they will.
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