Tesla Full Self-Driving Option Will Get A Big Price Increase Next Month

Back in July, Tesla CEO Elon Musk announced that the auto company would be increasing the price of its 'Full' Self-Driving option by $1,000 on August 16, something that would happen as part of the regular price increases the option will experience 'every few months.' Once August arrived, however, Musk said Tesla would postpone the price increase — and now the time has come to roll it out.

Tesla offers Autopilot as standard with its cars; customers who want some of the more advanced features, however, like Auto Lane Change, will need to pay $6,000 for the Full Self-Driving Capability. This option also adds Navigate on Autopilot, Autopark, and the new Summon feature that was released with the new version 10 software update.

In August, Tesla revealed that it would delay the Full Self-Driving price increase until the release of the version 10 update with the Smart Summon feature, which enables users to summon their car from its parking spot to where they're located. That feature arrived in late September.

As anticipated in light of the previous plans, Musk announced in a tweet on Friday that the Full Self-Driving price increase of $1,000 will arrive by November 1. This will put the new price for the option at $7,000 USD.

Whether consumers will consider Smart Summon an adequate enough reason to pay the higher price is yet to be seen. Though the option is called Full Self-Driving, Telsa's Autopilot capabilities haven't reached the point of being fully autonomous, which would be Level 4. At the present time, Tesla's autonomous capabilities amount to an advanced driver assistance system that exceeds what is offered by most competing models.