Tesla Stock (TSLA) Steers Higher Despite ‘Sneaky’ Change to Cybertruck Fees

Tesla (TSLA) stock was up today despite facing concerns over changes it is making to its Cybertruck.

Middle of the Road

Tesla has excluded the Autosteer, part of its Autopilot system, from the Cybertruck despite it being a standard feature on all of its vehicles.

If drivers still want to use the feature, which helps keep the vehicle centered in its lane by detecting lane markings, road edges, and other vehicles, they can take up Tesla’s Full Self-Driving package. However, it only includes Autosteer as a paid upgrade.

That will cost a hefty $8,000, although new buyers receive a complimentary one-year subscription.

Some experts aren’t impressed, raising concerns that this could signal the start of a wider strategy to boost revenues by taking away core functions and driving new subscriptions. This has been slammed as a “sneaky” move and a costly and unnecessary upgrade.

Drawing Ire

The Cybertruck drew more ire from customers and owners earlier this month when it announced the promised Range Extender battery for the vehicle won’t be made due to production issues.

The vehicle has also had issues with a rearview camera recall, steering errors, loss of power, rust on the stainless steel body, and other issues such as production delays.

Tesla stock has recovered in recent weeks rising 2% over the last three months after a torrid start to the year. This decline was due to controversy over chief executive Elon Musk’s relationship with President Trump, tariffs impact and stiffer competition.

Is TSLA a Good Stock to Buy Now?

On TipRanks, TSLA has a Hold consensus based on 16 Buy, 10 Hold and 11 Sell ratings. Its highest price target is $450. TSLA stock’s consensus price target is $277.78 implying an 19.86% downside.

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