Knightshade
Well-Known Member
What functionality, specifically, was delivered by removing the beta tag?
Because that's all that matters here-- revenue is deferred when a customer pays for things and you have not delivered them.
You have to deliver something specific to recognize the revenue.
So they CAN recognize deferred revenue in Q1 from all non-USS FSD buyers who they have now delivered self-parking to that previously was a promised but undelivered feature.
But that has nothing to do with removing the word beta from the name of anything.
Ditto being able to (if they deliver it) recognize a bit more (from that same non-USS group) if they deliver summon finally in Q2.
One interesting bit--- REVERSE summon (or banish as Elon recently called it)--- this was not a promised feature at all for post 3/19 buyers... it KIND of was for pre 3/19 ones-- so I suppose they might try and recognize a fraction of revenue if/when THAT is delivered....but it'd be TINY because
A) The pool of those people is tiny- likely under 50k
B) Those people only paid ~3k for FSD
C) The BULK of deferred revenue for that small group would still need to be reserved for the primary undelivered promise to them- L4 (or better) self driving
That said- The Accountants remarks on the subscription are exactly right AFAIK- that is never deferred because you're only signing up to pay X dollars for "whatever FSD is right now" rather than a bundle of specific promised features.... (otherwise it'd be a NIGHTMARE accounting for all the folks between USS removal and today who had a subscription that are now "owed" self parking and whatever even if the subscription is gone)
