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FSD has enabled a ton of sales for Tesla and is arguably one of the biggest factors they were valued over a trillion dollars at one point.
by ra7 4y ago
FSD has enabled a ton of sales for Tesla and is arguably one of the biggest factors they were valued over a trillion dollars at one point.
- clouddrover 4y agoThe lies worked in the short term, but Tesla's on the hook now for a lot of free hardware upgrades: https://electrek.co/2022/12/12/tesla-ordered-upgrade-self-driving-computer-for-free-false-advertising/ https://electrek.co/2022/12/12/tesla-ordered-upgrade-self-dr... That won't be helping the stock price going forward.
- quonn 4y agoThose updates will be cheaper than the 15k price. And for those who already opted in, it‘s a small expense to pay for the upgrade. Tesla can easily afford it.
- clouddrover 4y agoIt would have been even cheaper to simply not lie about the capability in the first place.
- SapporoChris 4y agoThis has always confused me. I knew FSD wasn't feasible, I knew Tesla was selling a lie. I also knew it was an incredible investment opportunity. I passed on it because I envisioned a bunch of lawsuits destroying the company. Obviously, I was clearly wrong. While the stock is way down from peak it's clearly been an amazing investment for those that invested early. 2020/1/10 $31.88, 2021/11/30 $381.59 (peak I think) and around 122.81 at close Friday. Normally, I can look back at an investment in mistake and the issues are obvious in hindsight. With Tesla, I still have no idea why the company still hasn't succumb to lawsuits.