Musk said the subscription price, currently $99, will rise as the FSD's capabilities improve over time.

Tesla removed its Autopilot basic self-driving software as a standard feature in the US on new Model Y and Model 3 purchases as the company pushes its more advanced FSD (full-self driving) subscriptions.

Other Tesla vehicles also struggled to attract buyers, with sales of its X, S and Y models all sinking from the previous year.

Tesla CEO Elon Musk isn't lying, but he's being quite literal about the situation regarding Robotaxis in Austin, Texas.

Tesla CEO Elon Musk said Thursday that he expects the company to begin selling humanoid robots to the public by the end of 2027. Why it matters: Musk has billed Tesla's Optimus robot as a globally transformational technology capable of performing innumerable human tasks.

Elon Musk and the Tesla board are facing a shareholder suit over his sale of $7.5 billion worth of Tesla shares in late 2022, ahead of a January 2023 sales report that sent the price of that stock plunging.

Tesla has been convicted at least 18 times and ordered to pay more than £20,000 for repeatedly failing to co-operate with UK police forces. The British arm of Elon Musk's electric car giant has faced multiple criminal court proceedings over the past two years linked to alleged road traffic offences.

Musk is closing in on the $800 billion mark as his net worth sets a new record.