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Tesla Brings Back Enhanced Autopilot Before End Of Q3, Aiming For Strong Quarterly Result

by Eva Fox September 19, 2020

Tesla Brings Back Enhanced Autopilot Before End Of Q3, Aiming For Strong Quarterly Result

Featured image: Tesla

The Enhanced Autopilot (EAP) feature has been attractive to many Tesla owners. It used to be an option to purchase before the arrival of FSD and when basic Autopilot became standard on all Tesla vehicles in early 2019. Now EAP has returned, available as an update on the Tesla mobile app. This offering comes at the end of Q3, as Tesla aims for a strong quarterly result.

On February 27, 2019, Tesla stopped offering Enhanced Autopilot and replaced it with basic Autopilot, which only includes Adaptive Cruise Control and Autosteer. Since basic Autopilot comes standard on all newly-minted Tesla vehicles, only customers who want to use the company’s Full Self-Driving (FSD) suite will need to make additional payments.

At the end of June 2020, Elon Musk announced that customers who purchased Enhanced Autopilot can now upgrade to FSD for $3,000. He shared that Tesla's basic Autopilot will be reduced to $2,000 through in-app purchases. Both the FSD upgrade and basic Tesla Autopilot price extended until July 1 at the time. This, in turn, had a positive impact on Q2 revenue. Now, as the end of Q3 quickly approaches, Tesla is again making an attractive offer.

Enhanced Autopilot includes Autopilot, and also comes with:
• Navigate on Autopilot
• Auto Lane Change
• Autopark
• Summon

 

It remains unknown at this time whether EAP owners will get the option to upgrade to FSD at a reduced price, as it was before. Now its cost is $4,000, and those who wish to receive FSD will have to pay $8,000. However, there are many Tesla owners who are happy to buy EAP, which in turn will have a positive impact on the company's 3Q revenue.

© 2020, Eva Fox. All rights reserved.

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Article edited by @SmokeyShorts, you can follow him on Twitter





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