In a surprising move during the Q2 2023 earnings call, Tesla CEO Elon Musk introduced a one-time opportunity for Tesla owners to transfer their Full Self-Driving (FSD) Capability when upgrading to a new Tesla. The announcement, however, raised questions and speculation due to the lack of specific details at the time. Now, as Tesla releases the terms and conditions of the FSD transfer program, customers are taking a closer look before making their decisions.
The first point of concern revolves around the delivery timeline, which must occur before September 30, 2023, despite Musk’s initial comments suggesting a more flexible timeframe within Q3. This has raised eyebrows among potential buyers, as delivery timelines can often be beyond the customer’s control. To avoid disappointment, buyers are advised to check delivery estimates and explore existing inventory options, which currently offer attractive Model 3/Y discounts.
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Another crucial aspect highlighted in the terms is that a trade-in is not mandatory for the FSD transfer, but those who choose to trade-in directly with Tesla should be aware that FSD will be removed up to a week before delivery. Even if the order is subsequently canceled, the FSD will not be reinstated, making this a non-reversible action.
One point that has sparked confusion and requires further clarification from Tesla is the fate of FSD when the transferred vehicle is resold. According to the contract, FSD can only be transferred once, leaving future owners without access to the feature. This raises concerns about the potential impact on the resale value of the vehicle.
For some customers who initially purchased Enhanced Autopilot (EAP) and later upgraded to FSD, there may be uncertainty regarding eligibility for the FSD transfer offer. While a clause in the contract implies that the vehicle must have had FSD “at the time of delivery of the new Tesla vehicle,” some Tesla Advisors have reportedly mentioned otherwise. This ambiguity requires clarification from Tesla to ensure transparency for all customers.
With these points in mind, potential buyers are urged to carefully weigh the benefits and limitations of the FSD transfer program before making their decision. Tesla’s move has generated mixed reactions among customers, prompting many to seek further information and clarification from the company.
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In conclusion, the recently unveiled FSD transfer program from Tesla has elicited a range of responses from customers. While the opportunity to transfer FSD is enticing, the restrictive terms and uncertainties surrounding resale value have left some buyers contemplating their options. As Tesla addresses concerns and provides further clarity, customers will need to carefully consider their choices before ordering a new Tesla to transfer FSD.
