Key Points
- Binance will introduce TSLAUSDT perpetual futures with leverage later this week.
- Tesla announced upcoming price increases for its Full Self-Driving subscription.
On January 26, Binance announced plans to launch futures trading tied to Tesla Inc. (TSLA) later in the week.
The announcement followed recent statements by Elon Musk regarding forthcoming adjustments to Tesla’s Full Self-Driving (FSD) subscription model.
At the time of reporting, TSLA shares were trading above $449 after dipping to $445, having earlier reached levels above $452.
TSLAUSDT Futures Contract Launch
Binance confirmed it will list the TSLAUSDT equity perpetual futures contract with up to 5x leverage on January 28 at 14:30 UTC.
The exchange stated that the addition aims to broaden its product range and enhance trading options for users interested in traditional financial assets.
This move follows Binance’s previous efforts to expand access to tokenized traditional finance instruments, after discontinuing stock token offerings in 2021.
Updates to Tesla’s FSD Subscription
On January 23, Elon Musk announced that the $99 monthly subscription for supervised FSD will increase as the technology’s capabilities advance.
Musk indicated that a significant price change would align with the introduction of unsupervised FSD, where drivers would no longer need active attention.
On the same day, Tesla discontinued its Autopilot feature in the United States and Canada, replacing it with Traffic-Aware Cruise Control as standard.
The FSD package had previously been priced at $8,000 as a one-time purchase, with that option remaining available until February 14, 2026.
Tesla vehicles continue to include a 30-day free trial of supervised FSD with new purchases.
