Tesla (TSLA) has to replace computer in ~4M cars or compensate their owners
a year ago
- #Liability
- #Self-Driving
- #Tesla
- Tesla must replace or compensate owners of 4 million vehicles due to inadequate 'self-driving' hardware.
- Tesla initially claimed all vehicles since 2016 had hardware for full self-driving, but this proved false.
- Tesla transitioned from HW2.5 to HW3 and now HW4, admitting HW3 cannot achieve promised self-driving capabilities.
- Elon Musk stated Tesla will retrofit HW3 computers for FSD package buyers, a costly and complex process.
- Legal precedents suggest Tesla may need to compensate all HW3 owners, not just FSD buyers, for false advertising.
- Tesla faces potential lawsuits and billions in liabilities over unmet self-driving promises.
- Musk's admission about HW3 limitations undermines Tesla's past claims about vehicle appreciation due to self-driving.