Tesla on self-driving claims: ‘failure to realize long-term, aspirational goal is not fraud’
Musk went from mentioning “1 million robotaxi on the road by the end of the year” to “1 million people with FSD Beta by the end of the year” to “anyone who bought FSD will get access to the Beta in North America by the end of the year.”
Tesla has now achieved that last version of the goal, but that’s so far from the original goal that it’s not in the same league.
On top of what we hear about a new sensor suite potentially coming, things are not looking great on the FSD front. As I have said for a long time, Tesla should at least offer refunds to those who bought the FSD package.
$TSLA daily, weekly, and monthly charts end of day WED, 7 DEC 22
Since 2016, Tesla has claimed that all its vehicles produced going forward have “all the needed hardware” to become self-driving with future software updates.
It turned out not to be true.
Tesla already had to upgrade its onboard computer and cameras in earlier vehicles, and it has yet to achieve self-driving capability. Its Full Self-Driving (FSD) software is still in beta and doesn’t enable fully autonomous driving.
