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WEDNESDAY, NOVEMBER 4, 2026

75 Percent of New Tesla Buyers Are Paying for FSD. The Subscription Bet Is Tracking.

One quarter after Tesla made FSD subscription-only, three in four new North American buyers are paying $99 a month from day one. That is faster than the Adobe and Amazon Prime conversions we benchmarked in September. The one variable that could still break the thesis is churn data Tesla has not released.

Teardowns

The wire

The wire, continued

Coming