rxlawdude
Active Member
Market rate interest is 0.01% per annum. Online banks pay up to 0.1% on high balances.
Yep, that extra couple of dollars will show them...
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After what time has passed would you consider an FSD class action lawsuit?
- Thread starter Nuclear Fusion
- Start date
Yep, that extra couple of dollars will show them...
Knightshade
Well-Known Member
Note the use of the future tense in the full text you are quoting from.
Because they're pretty clearly explaining it will do that some time in the future- rather than right now.
Pre-judgment interest applies to damages in almost every case in I think every State… in Florida, the average statutory interest for the last five years has been approximately 6%, so assuming FSD was purchased five years ago, at $4000, that’s $240 a year, totaling $1200 over the last five years. It’s not much, but it’s also not nothing. Where are you getting this market rate of 0.01% per annum?
rxlawdude
Active Member
LEGAL rate (btw, 10% per annum in CA last I checked) is not the investment rate set by the market. It is a standard used by courts to assess some modicum of recompense to the winning party for their funds being tied up. It is, as they say in law school, a legal fiction.
If you can find a no risk 6% MARKET rate where anyone can park their money other than for FSD, let us in on the secret.
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The guy was talking about damages calculations…I mean, that’s the whole topic…I didn’t understand your 0.01% market rate comment…no worries, I must have misunderstood.LEGAL rate (btw, 10% per annum in CA last I checked) is not the investment rate set by the market. It is a standard used by courts to assess some modicum of recompense to the winning party for their funds being tied up. It is, as they say in law school, a legal fiction.
If you can find a no risk 6% MARKET rate where anyone can park their money other than for FSD, let us in on the secret.
I'm not a sue happy person, and I doubt I'd ever sue Tesla over anything.
But, part of me wants to sue for emotional distress from the Safety score, and then the FSD Beta testing.
It's kinda ironic because so far the only purpose it has is showing me how enjoyable manual driving is.
But, part of me wants to sue for emotional distress from the Safety score, and then the FSD Beta testing.
It's kinda ironic because so far the only purpose it has is showing me how enjoyable manual driving is.
rxlawdude
Active Member
"Market rate" is not used in damages calculations, correct?
"Legal" or "statutory" rates are used in damages calculations, right?
I was trying to point out that market rate, if applied retroactively, would yield very little.
I think the guy just misspoke—he was talking about getting a refund plus interest. Ok, whatevs doesn’t matter.
Knightshade
Well-Known Member
I'm not a sue happy person, and I doubt I'd ever sue Tesla over anything.
But, part of me wants to sue for emotional distress from the Safety score, and then the FSD Beta testing.
It's kinda ironic because so far the only purpose it has is showing me how enjoyable manual driving is.
Apparently it's useful enough others are now copying it.
XPeng launches its own 'Smart Driving Points' safety scoring system
XPeng will implement a 'Smart Driving Points' safety scoring system that ensures drivers don't abuse its self-driving tech.
electrek.co
No. They unilaterally rescheduled the appointment to Nov 2. I had to reschedule it for Nov 19.
Did I say that Tesla enjoys treating customers as *sugar*? Well, I'm saying it again.
rxlawdude
Active Member
Wait. You said YOU scheduled an appointment for November 2, and then you say that Tesla unilaterally rescheduled your appointment to November 2, the date you implied that YOU made for the service appointment.
I'm confused.
For me, Tesla service center has cancelled a Service appointments without any communications. Also, they usually leave all questions (like the price of the appointment) unanswered making it very difficult to actually get to an appointment: you do not know what (if anything) they intend to fix, nor what it might cost. Overall, their communications on the app is just unprofessional. But if you speak with an expert or a manager from Tesla directly (phone or live), they are knowledgeable and polite.
When I bought a Tesla 4 years ago, I was very impressed by their service. Amazing service. 10/10.
Today a dozen or so visits later, the service appointment experience has declined to be as pleasant as a root canal treatment.
Sorry, they rescheduled to Nov 1 (a day earlier). A bit busy, lost track of days.
After writing this, they did the exact same thing again: no quote, unilaterally postponing the visit by 1 month:
Seems like they never read any messages more than one day before the appointment and then realize that they should prepare (order parts etc) and reschedule. And then again wait until last day.
Ideas on how to hold Tesla accountable on this behavior?
EVNow
Well-Known Member
Knightshade
Well-Known Member
I dunno.... maybe a lawsuit or something... weren't you supposedly filing one of those?
Tesomega
Member
Only for MCU2 users at the present moment and only with Invite.
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