Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in Paris on June 16, 2023.
Tesla CEO Elon Musk said Wednesday that the electric vehicle maker will stop selling its Full Self-Driving (Supervised) software for a flat rate and instead make it only available as a monthly subscription.
"Tesla will stop selling FSD after Feb 14," Musk said in an early morning post on his social media platform X. "FSD will only be available as a monthly subscription thereafter."
Shares of the company fell more than 2% Wednesday.
FSD, which starts at $99 per month, is key to the future of the company as Musk tries to establish Tesla as a leader in autonomous mobility.
Tesla did not immediately respond to a request for comment.
Tesla launched a robotaxi service with limited availability in Austin, Texas, last year, and the company also offers ride-hailing in San Francisco, though with a driver behind the wheel at all times.