Tesla has changed the importance of “full self -driving”, also known as “FSD”, to give up his original promise to deliver unattended autonomy.
Since 2016, Tesla has claimed that all its vehicles in production would be able to obtain unattended self -driving capacity.
CEO Elon Musk has claimed it would happen at the end of every year since 2018.
Tesla has even sold a software package known as “full self-driving capacity” (FSD), for up to $ 15,000 to customers who promise that the advanced driver assistant system would be fully autonomous through over-the-air software updates.
Almost a decade later, the promise has not yet been met, and Tesla has already confirmed that all vehicles produced between 2016 and 2023 do not have the right hardware to deliver unattended self -driving as promised.
Musk has discussed the upgrade of computers in these vehicles to reassure owners, but there is no concrete plan to implement it.
Although there is no doubt that Tesla has promised unattended self-propelled capabilities to FSD buyers between 2016 and 2023, the car manufacturer has since updated his language and now only sells “full self-driving (monitored)” to customers:
Fine prints mention that it does not make the vehicle “autonomous” and does not promise it as a function.
In other words, people buying FSD today do not really buy the ability of unattended self -driving, as former buyers did.
In addition, Tesla’s board of directors has just submitted a new onehitherto unseen CEO Compensation Package for shareholders’ approval, which could give Musk up to $ 1 trillion in stock options pending the obtaining of certain milestones.
One of these milestones is Tesla, which has “10 million active FSD subscriptions.”
At first glance, this would be hopeful for FSD buyers, as part of Musk’s compensation would depend on delivering the FSD lifters.
However, Tesla has changed the definition of FSD in the compensation package with an extremely vague one ”
“FSD” means an advanced driving system, regardless of the marketing name used, which is capable of performing transport tasks that provide autonomous or similar functionality under specified driving conditions.
Tesla now considers FSD only an “advanced driving system” that must be “able to perform transport tasks that appear autonomous or similar functionality”.
The current version of FSD, which requires constant monitoring of the driver, could easily fit that description.
Therefore, the FSD now does not come with the initiative promise of Tesla owners who can go asleep in their vehicles and wake up at their destination -a promise that Musk has used to sell Tesla vehicles for years.
Electek Tag
The way Tesla discusses autonomy with customers and investors versus how it presents it in its judicial archives and legally binding documents is strikingly different.
It should be worrying for anyone with interest in this.
With this very vague description in the new CEO compensation package, Tesla could literally lower the price of FSD and even remove the basic autopilot to push customers against FSD and give Musk hundreds of billions of dollars in shares in the process.
There is a precedent for Tesla -catching pricing at FSD. Originally, Musk said that Tesla would gradually increase the price of the FSD package as the features improved and approached unattended autonomy.
It was true for a while, but then Tesla started cutting FSD prices, which are now down to $ 7,000 from their high in 2023:
The trend is quite obvious and began randomly as Tesla’s sales began to fall.
FSD is now a simple ADAS system without any promise of unattended self-driving. This can honestly be one of the biggest cases of false advertising or bait-and-switching ever.
FTC: We use income that earns Auto -connected links. More.