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XCare covers the drive unit and thousands of other components of your Model S. To name a few-So you are saying the “premium” model s warranty for a 2015 covers both drive units but NOT hv battery? Does it cover everything else on the s mechanically too?
Has been quiet for months with no significant updates. There are a lot of unhappy people with warranty purchases.All quiet on the wk057 front.
It’s already been stated he cannot say anything further [read: NDA].Has been quiet for months with no significant updates. There are a lot of unhappy people with warranty purchases.
Convenient, right?It’s already been stated he cannot say anything further [read: NDA].
I know, but what to do but wait. More posts about “Still nothing” ain’t gonna speed things along.Convenient, right?
I know, but what to do but wait. More posts about “Still nothing” ain’t gonna speed things along.
I suspect you are correct; the business plan was not sustainable, and the company ran out of funds. If another company bought the assets, they're likely not going to stand behind the previous company's commitments/ warranty plans, and customers are screwed... A painful experience for all those who trusted that 057 would do the right thing.Me no expert, but actuarial science is not simple.
Also, it seems like only Tesla could provide some of the necessary data required to profitably sell battery insurance.
This is just speculation, but my guess is that selling extended warranty plans put 057 out of business.
I dono asking $2k for a warranty from 10 people and 1 fails you're even which seems reasonable. Also I paid $1500 for the warranty after the 100 upgrade and I've got like 2k more miles before it's up anyway and I'm about to drive across the country gain which will be the final void mileage anyway so I'd say that it was a reasonable business plan given that a lot of packs don't fail before the warranty expires.Me no expert, but actuarial science is not simple.
Also, it seems like only Tesla could provide some of the necessary data required to profitably sell battery insurance.
This is just speculation, but my guess is that selling extended warranty plans put 057 out of business.
I dono asking $2k for a warranty from 10 people and 1 fails you're even which seems reasonable. Also I paid $1500 for the warranty
You're jumping to conclusions... We don't know if that happened or not.explain what happened and why the business was dissolved.
What other conclusion could there be ?You're jumping to conclusions... We don't know if that happened or not.
There’s really no reason to jump to the defense of people that have taken tens of thousands of dollars in customer money and skipped town with a flimsy excuse of “golly gee sure wish I could tell y’all what’s going on but, you know, pesky lawyers amirite” - after well over a year of increasingly flimsy excuses and failure to deliver leading up to it.You're jumping to conclusions... We don't know if that happened or not.
Let’s not go throwing good money after bad. Can anyone in good conscience say they’d give this business more money on a promise to deliver something in the future, knowing what we know today?Perhaps there's a crowdfunding opportunity here.
Let’s not go throwing good money after bad. Can anyone in good conscience say they’d give this business more money on a promise to deliver something in the future, knowing what we know today?