Tesla Cybercab’s Monthly Subscription Is ‘Too High,’ Elon Musk Admits To MKBHD: ‘Should Match The Cost Of…’

Detailed summary

Musk suggested that Tesla could bring the fee down significantly, even as the company begins inviting select customers to purchase the fully autonomous vehicle.

Tesla Inc. (TSLA) CEO Elon Musk has acknowledged that the monthly subscription required to operate the company's Cybercab is currently too expensive, responding to criticism from popular tech YouTuber Marques Brownlee, also known as MKBHD.

Musk suggested that Tesla could bring the fee down significantly, even as the company begins inviting select customers to purchase the fully autonomous vehicle.

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Tesla shares declined nearly 2% in Friday's regular trading, while falling another 1% in the afterhours session.

Brownlee highlighted several restrictions on the Cybercab's newly launched order page in a post on X, including its invite-only availability, limited delivery locations and mandatory monthly subscription.

Musk responded to the post, saying the vehicle's availability would eventually expand beyond its initial locations.

"It will be available nationwide, as we receive regulatory approval," Musk said.

However, he agreed that the subscription fee needed to come down, acknowledging that the current pricing was too high.

"But the monthly fee is too high. Should match the cost of Tesla FSD and connectivity for other models, which is more like ~$115/month," Musk added.

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