Tesla is known for its luxurious electric and self-driving high-end cars. But according to a tweet from the founder of the company itself, the consumers won’t be able to buy these fancy cars. No, it is not like that the company will stop making those cars, but with the integration of a new chip, these cars are going to be quite expensive, and not all the people will be able to buy them.
The company has taken the initiative in order to recover from the losses it has been suffering, due to the cheaper price of its luxury cars. To prevent and overcome them, the company will be embedding a newly developed chip to its new as well as old cars, including Model S, X and 3S, such that these will become fully-autonomous and will not need the intervention of a human driver.
Musk posted a tweet on his official Twitter account on Sunday that the company will be upgrading its old cars, and will integrate the new chip into them as well as to new cars. So the consumers have a limited time to buy Tesla cars. Upon a tweet asking about when these upgrade will take place, Musk replied, “End of Q4, most likely”.
This means the company has already started working on building those new chips for the cars. According to another tweet from Musk, the owners who have purchased the full self-driving feature, the $6000 software package, will get the upgrade for free.
The company launched this new custom chip in the month of March this year, which already have been integrated to new Model 3, Model X and S vehicles. The upgrade of the older cars is a part of Tesla’s ‘Master Plan, Part Deux’, under which the company intends to make every Tesla car fully-autonomous and bring its dream robo-taxis on the road.
With the integration of the new chip into Tesla cars, the price of these cars may reach up to $40,000, and if remained unsold, these cars can earn even more profits as a robo-taxi.
Yashica is a Software Engineer turned Content Writer, who loves to write on social causes and expertise in writing technical stuff. She loves to watch movies and explore new places. She believes that you need to live once before you die. So experimenting with her life and career choices, she is trying to live her life to the fullest.