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Tesla Plans To Record ~$1 Billion In FSD-Related Deferred Revenue Over The Next 12 Months

NewsTech

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Tesla

Tesla's recent Cybercab reveal event on the 10th of October has revitalized the uptake of its subscription-only Full Self-Driving (FSD) software package. Now, as per the tabulations by an active Wall Street player, the EV giant is on course to recognize nearly $1 billion in FSD-related deferred revenue over the next year. As we noted recently, in light of the new FSD capabilities that Tesla rolled out over the past few weeks, including the smart summon and auto-park features, the EV giant recognized $326 million of its FSD-related deferred revenue in the just-concluded quarter. TESLA $TSLA reiterated at 'Overweight' at Piper […]

Read full article at https://wccftech.com/tesla-plans-to-record-1-billion-in-fsd-related-deferred-revenue-over-the-next-12-months/

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