Tesla Business and News Thread
05-24-24, 08:33 AM
#2821
Lexus Test Driver
Tesla has big exposure on that IMO. Customers who paid for FSD have a legitimate complaint, and if it ever went to discovery you can bet your bottom dollar that there is significant evidence that Tesla knew that what was promised, whether by Musk or whomever, could not at that time have been delivered within the then foreseeable future. The line between puffery and fraud is blurred, but this is likely beyond it. As best as I can tell Tesla doesn't recognize revenue on FSD subs upfront, it's deferred and drip fed in (as is common with with subscription revenue or with payment made for future delivery). So that increases risk as some of that deferred revenue will be factored in to the valuation and into investor sentiment.
Customers plopping down a stack of cash for something that may have been a little exaggerated or misleading or unfinished seems risky for Tesla. IMO
05-24-24, 08:41 AM
#2822
Lexus Champion
Thread Starter
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Margate330 (05-24-24)
05-24-24, 08:44 AM
#2823
Lexus Champion
Thread Starter
05-24-24, 09:03 AM
#2824
Lexus Test Driver
But us guys never read the manual so how are they supposed to know.
Trying to justify my position but failing miserably. Haha
05-24-24, 09:11 AM
#2825
Lexus Champion
Thread Starter
05-24-24, 09:12 AM
#2826
Lexus Fanatic
I think it’s totally unfair to say people are wrong for believing a feature called “full self driving” could fully drive the car.
05-24-24, 09:19 AM
#2827
Lexus Champion
Thread Starter
05-24-24, 09:20 AM
#2828
Lexus Fanatic
iTrader: (20)
"guaranteed hair loss reversal" lol or "vegetable supplements" with all kinds of claims and testimonials of improved health. total b.s.
as i've stated many times, tesla should NOT have called it 'full self driving" (FSD) but if they had not had any disclaimers, they'd be in serious hot water, but since they do, they likely won't suffer from lawsuits, especially since people who bought it knew it wasn't 'finished'. the bigger problem probably is musk's claims that fsd would let people wh0re out their cars as part of a robotaxi fleet to make money. THAT hasn't happened, and likely won't for many years, if ever.
05-24-24, 09:22 AM
#2829
Lexus Champion
Thread Starter
do you believe half the claims made for products that of course have the 'fine print' saying they don't guarantee anything?
"guaranteed hair loss reversal" lol or "vegetable supplements" with all kinds of claims and testimonials of improved health. total b.s.
as i've stated many times, tesla should NOT have called it 'full self driving" (FSD) but if they had not had any disclaimers, they'd be in serious hot water, but since they do, they likely won't suffer from lawsuits, especially since people who bought it knew it wasn't 'finished'. the bigger problem probably is musk's claims that fsd would let people wh0re out their cars as part of a robotaxi fleet to make money. THAT hasn't happened, and likely won't for many years, if ever.
"guaranteed hair loss reversal" lol or "vegetable supplements" with all kinds of claims and testimonials of improved health. total b.s.
as i've stated many times, tesla should NOT have called it 'full self driving" (FSD) but if they had not had any disclaimers, they'd be in serious hot water, but since they do, they likely won't suffer from lawsuits, especially since people who bought it knew it wasn't 'finished'. the bigger problem probably is musk's claims that fsd would let people wh0re out their cars as part of a robotaxi fleet to make money. THAT hasn't happened, and likely won't for many years, if ever.
05-24-24, 09:26 AM
#2830
Lexus Fanatic
Guys, there is just no argument here. If the product is called “full self driving” it’s completely reasonable to expect the car can fully self drive. “People shouldn’t have trusted the name of the product was accurate” is an incredibly weak defense.
05-24-24, 09:37 AM
#2831
Lexus Champion
Thread Starter
For someone who bought FSD back in 2017 and he believed through statements that it would be ready in a "reasonably short period", those people have an argument and should be pissed. But for someone who orders it today, you can read clearly that's it not certified yet to make your vehicle autonomous. And I agree, it should not be called "Full Self Driving"
05-24-24, 09:37 AM
#2832
Pole Position
Some of you are forgetting that FSD has been offered for years, that there wasn't always caveat emptor disclaimer language (which is likely null and void if there is indeed a valid fraud argument here) and that some owners that bought FSD back in the day likely will never get it. "All cars currently sold" is not all cars ever sold.
Tesla is exposed here.
Tesla is exposed here.
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SW17LS (05-24-24)
05-24-24, 09:38 AM
#2833
Lexus Fanatic
Full. Self. Driving. Very clear.
05-24-24, 09:40 AM
#2834
Lexus Champion
Thread Starter
Some of you are forgetting that FSD has been offered for years, that there wasn't always caveat emptor disclaimer language (which is likely null and void if there is indeed a valid fraud argument here) and that some owners that bought FSD back in the day likely will never get it. "All cars currently sold" is not all cars ever sold.
Tesla is exposed here.
Tesla is exposed here.
05-24-24, 09:57 PM
#2835
As far as I know, all Tesla's currently sold are FSD capable. Cyber Truck doesn't have FSD enabled yet, but will have capabilities enabled when ready.
Talking to someone who follows Tesla much more closely than me, he says FSD and Robotics are more important to Elon than even raw vehicle sales. If that's true, every single Tesla sold will have the capabilities
Now are you asking will it fully work one day? I don't have the answer to that question. Probably if it doesn't fully work, then you will see lawsuits
EDIT:
I re-read your question, and I am assuming you mean Tesla's going back to 2014? I don't know, but if not and they bought FSD, then I can see lawsuits in the horizon
Talking to someone who follows Tesla much more closely than me, he says FSD and Robotics are more important to Elon than even raw vehicle sales. If that's true, every single Tesla sold will have the capabilities
Now are you asking will it fully work one day? I don't have the answer to that question. Probably if it doesn't fully work, then you will see lawsuits
EDIT:
I re-read your question, and I am assuming you mean Tesla's going back to 2014? I don't know, but if not and they bought FSD, then I can see lawsuits in the horizon
The answer will be much clearer in a couple months. I think the robo taxi debut in August will have additional cameras that current Teslas don't have which is necessary for the completed FSD. Just a guess though. If so it could be a massive lawsuit.