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“The wheels of justice turn slowly, but grind exceedingly fine” Tesla and Musk absolutely did mislead both - investors and consumers, and they are still doing
by TheAlchemist 2y ago
“The wheels of justice turn slowly, but grind exceedingly fine”
Tesla and Musk absolutely did mislead both - investors and consumers, and they are still doing it.
Countless products that were announced but never delivered, self-driving promises of a car that was supposed to drive itself across the US 7 years ago, 1 million Robotaxis 4 years ago, Dojo etc etc. One may ask - yeah but who would believe that, it's just setting aggressive deadlines ? Well, analysts based their projections on that (remember the 500B$ valuation worth of Dojo business alone ? ), investors did invest based on that.
Same goes for consumers - wildly misleading marketing and communication from Musk about it's products and capabilities. It's very telling that Tesla used to win all the cases about crashes while on Autopilot. This year however, somebody got smarter and sued them for misleading marketing about Autopilot capabilities, instead of direct responsibility for the crash. Tesla settled the case, for the first time (https://apnews.com/article/tesla-autopilot-lawsuit-settlement-f4c19ce05e17669de212fc262265e351 https://apnews.com/article/tesla-autopilot-lawsuit-settlemen...). First of many many times that will follow.
- bagels 2y agoMusk said that the new Tesla roadster was going to fly, and took deposits for it.
- sharpshadow 2y agoDo I understand it wrong that it is a purely political decision if autopilot is allowed or not? Edit: Sry that’s wrong Mercedes [1] is coming with the first Level 3 Autopilot for the US this year. 1. https://www.caranddriver.com/news/a42672470/2024-mercedes-benz-eqs-s-class-drive-pilot-autonomous-us-debut/ https://www.caranddriver.com/news/a42672470/2024-mercedes-be...
- catgary 2y agoThat’s spot on. It makes that insane compensation package he tried to set up for himself look like a pump and dump scheme.