Tesla CEO Elon Musk has confirmed that the company is currently in discussions with “one major automaker about licensing Full Self-Driving (FSD)”.
The admission came as the company was releasing its Q1 2024 results with the CEO refusing to reveal which company Tesla is in discussions with.
However, he did say that there was a chance that the deal could be signed before the end of the year.
Despite the news Electrek reports that Tesla’s management team was quick to note that even if a deal was done, it would likely be three more years before another carmaker was able to implement its FSD technology into its own vehicles, suggesting those who do want it sooner might want to just buy a Tesla instead.
Tesla is expected to supply its FSD computers and cameras to carmakers and then license the software that makes the hardware work, although it isn’t clear what kind of fees might be involved. Tesla currently sells the FSD package for $8,000 on its own electric vehicles while a $99 per month option is also available.
It’s thought that the recent v12 software version of Tesla’s FSD system could be a driver for the new adoption among other carmakers, and the company’s technology does seem to be ahead of the competition. Apple was thought to be working on similar technology that it would also license to other companies but the Project Titan team was disbanded and the project was canceled after a decade of trying to make it happen.
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