Tesla Inc. is set to take into account whether a vehicle is running the company’s Full Self-Driving (FSD) service when estimating its trade-in value. This new policy will apply to all Model S and X vehicles, as well as the Cyberbeast trim of the Cybertruck, with the Luxe Package being the main criterion for the offer.
FSD to be Taken into Account
The company has released updated FSD transfer terms and conditions, which include an FAQ section addressing various FSD-related questions. According to the FAQ, FSD will be considered when determining the trade-in value for certain vehicles. Specifically, Tesla will consider the FSD software on:
- Model Year 2026 Model X and Model S vehicles with the Luxe package
- Cyberbeast trim with the Luxe package
Updated FSD Terms
The news comes as Tesla has announced multiple FSD transfer terms. Key updates include:
- Free FSD transfers will end on March 31 this year
- Customers who place their new vehicle order by March 31 will qualify for the scheme
- Once the offer is availed, the FSD will only be available on the new vehicle
Impact on Production
Tesla CEO Elon Musk recently announced that the company will end the production of the Model S and X by the end of the quarter. The Fremont, California, facility will be used to boost Optimus production instead.
Market Performance
Tesla’s stock has seen a surge in recent days, with a 3.50% increase to $411.11 at market close on Friday, followed by a further 0.66% gain to $413.83 during the overnight session. The company’s momentum and long-term price trend are expected to remain favorable.