Tesla is bringing back the capacity to transfer your Full Self-Driving package and/or free Supercharging on a new vehicle despite Elon Musk saying it would be a one-time deal in the past.
For years, Tesla owners who bought the up-to-$15,000 Full Self-Driving Capability package were asking for the capacity to transfer it when trading-in their vehicles for a new one.
The logic was sound: Tesla never delivered the self-driving capacity as promised. It only makes sense to allow owners to transfer the package to a new car for those who still believe that Tesla could eventually deliver through a software update.
Despite being the right thing to do, Tesla always resisted the idea.
This is a one-time amnesty, so it needs to be — you need to take advantage of it in Q3, but — or at least place the order in Q3 within — within reasonable delivery time frames. So, yeah, yeah, yeah, hope this makes people happy. But want to — I mean, this is a one-time thing, OK?
We criticized this move because it wasn’t about Tesla doing the right thing for its customers, but instead, it was simply creating a “demand lever” to try to produce more orders during that time period.
Now, Tesla is again allowing FSD transfer for new orders up until March 31st.
Electrek talked to two Tesla stores who confirmed that current Tesla owners with the FSD package and/or Free Supercharging assigned to their vehicles can either trade-in their vehicles for a new one and transfer the features or sign agreements to give up those features on their existing vehicles to apply them on a new order.
All Tesla vehicles except Cybertruck are eligible for the new offer.
Electrek’s Take
I am glad the offer is back, but it’s also clear that this is a demand lever for Tesla, and it will probably keep using it as such with new deadlines to create an urgency to order. Elon straight-up lied about it being a “one-time” offer last time to try to generate more orders. It probably was really successful because of that the first time. Likely less so now.
There’s no doubt that this should be an offer always available to customers until Tesla delivers on its self-driving promise. That’s just common sense.
Despite my frustration about how Tesla is using its own incapacity to deliver on the feature as a demand lever, I have to admit that it might actually work on me as the owner of a Model 3 with FSD and a Model S with free Supercharging.
I could get a brand new car with both FSD and free Supercharging.
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In this photo illustration, the logo for the US tech firm “Block” is displayed and reflected in a number of digital screens on March 03, 2023 in London, England.
Leon Neal | Getty Images
With its stock down more than 30% this year and revenue growth slowing, Jack Dorsey’s Block is going bigger in lending.
The company on Thursday said it secured approval from the Federal Deposit Insurance Corporation to originate loans through its banking subsidiary, Square Financial Services, allowing it to offer small-dollar consumer loans directly rather than relying on external banking partners.
It’s an expansion of Cash App Borrow, the company’s short-term lending product. But it comes at a time of increased concerns surrounding consumer credit, with President Trump’s expansive tariffs and widespread government job cuts raising talk of a potential recession.
Transaction losses in Block’s lending segment jumped 39% last quarter, and while the company claims its underwriting model is strong, small-dollar lending is inherently risky.
“Cash App Borrow is designed to provide short-term cash flow in a simple and accessible way when alternatives are notoriously expensive and difficult for consumers to navigate,” Block said in the press release. The company added that the average Cash App Borrow loan was under $100 and about a month in duration.
Block didn’t immediately provide a comment.
In getting approval to operate the lending business out of its own bank, Block says it will be able to offer the product nationwide.
Last month, Block reported quarterly results that missed Wall Street expectations, with revenue growing just 4.5% from a year earlier. The stock plunged 18%, its worst one-day drop since 2020.
Around the same time, Block rolled out Afterpay, its buy now, pay later product, on the Cash App card. Chief Financial Officer Amrita Ahuja told CNBC that the launch aimed to provide customers with more credit options, and positioned Cash App as a banking alternative for some customers. Block acquired Afterpay, which competes with Affirm, for $29 billion in early 2022.
Also this week, Block announced a big investment plan in artificial intelligence.
The company said on Wednesday that it will deploy Nvidia’s AI systems with its latest Blackwell chips to power open-source AI research. Block didn’t say what specifically it’s looking to achieve through its AI buildout, but noted in the press release that it will “start exploring novel solutions for our customers.”
Kia is launching its first electric van, the PV5, later this year. If you liked how it looked in pictures, wait until you see it in real life. A production PV5 was spotted in Korea for the first time, giving us a closer look at the futuristic van. See it for yourself in the video below.
Kia’s first electric van spotted in Korea
After teasing it for what seemed like forever, Kia finally took the sheets off the PV5 at its 2025 EV Day event last month.
With its hard-to-miss futuristic design, the PV5 is a near replica of the concept shown at CES last January. The mid-size electric van is set to kick off Kia’s new Platform Beyond Vehicle (PBV) strategy.
The PV5 will initially be available in Passenger, Cargo, and Chassis Cab setups, but with “unprecedented flexibility,” you can expect to see more options soon. Two of the first will be the PV5 Crew, with additional cargo securing options and a Wheelchair-Accessible Vehicle (WAV) version.
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After that, Kia will follow it up with Drop Side, Box Van, Freezer, Box, and Prime variations. It plans to launch a Light Camper conversion.
Kia PV5 spotted in Korea (Source: HealerTV)
With sales kicking off in the second half of 2025, Kia’s electric van was spotted in Korea for the first time without camouflage. A new video from HealerTV gives us a better idea of what to expect when the PV5 hits dealerships later this year.
The PV5 maintains its techy, almost ahead-of-its-time design. Two exterior body colors were shown: white and a darker grey or black. As the reporter notes, it actually looks like an upgrade from the concept.
Kia did what it could at the back so it didn’t look like a bus, giving it more of a rounded overall shape. You can see how it stands apart from most MPVs you see today.
Like the Volkswagen ID.Buzz, Kia’s PV5 looks more like a minibus. At 4,695 mm long, 1,895 mm wide, and 1,899 mm tall, Kia’s passenger electric van is slightly smaller than the European ID.Buzz model (4,712 mm long, 1,985 mm wide, 1,937 mm tall).
It will be available with 51.5 kWh and 71.2 kWh battery packs, good for up to 400 km (249 miles) WLTP range. The PV5 can also fast charge (10% to 80%) in about 30 minutes. In comparison, powered by an 84 kWh battery, the ID.Buzz now offers up to 293 miles WLTP range.
Kia will launch sales in Korea and Europe later this year, followed by other global markets in 2026. Pre-orders will open soon, so check back for prices.
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In the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy. In this week’s episode, we discuss Trump making an ad for Tesla, upcoming cheaper Tesla models, the unveiling of the new Mercedes CLA EV, and more.
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