croman
Well-Known Member
There is a class action on this but class actions have serious issues with actually benefitting the class vs the experts and attorneys.
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Which is exactly why consumer finance agreement regulations could kick in.Someone who orders FSD is buying an investment.
No, you paid for hardware (which you physically got) and the opportunity for future software upgrades. If you want the hardware you have to pay for the hardware. The potential future value of that hardware is merely in the eye of the beholder.Which is exactly why consumer finance agreement regulations could kick in.
You have borrowed money to speculate on a future outcome. It's more like taking something on margin than a traditional finance contract, and none of the usual disclaimers for this sort of borrowing will be present in the terms of the finance contract.
It certainly doesn't mean squat if Tesla were misleading people which seems almost proven since the videos were faked. No software existed but they didn't tell anyone that. So the contact terms, which don't seem to actually cover failure to deliver due to Tesla failing due to hardware deficiency, are almost irrelevant.
This is completely untrue. There are no legal hurdles in many jurisdictions and there is no federal law prohibiting it. It's just that Tesla has nothing. Don't even dream regulations are affecting anything.
And for christ's sake, we're only talking about $3k to $4k here.
Show me where they promised functionality by a certain date, and I'll agree with you. But if all people got was an estimate that was subject to various contingencies, some of which were outside the seller's control, then you'll almost certainly lose. The current disclosures couldn't be clearer that there is no way to know when functionality will be available, or in what jurisdictions.Then Tesla should just refund it to anyone that wants their money back.
However, and going back to my original point on lease vehicles. All lease vehicles are owned by the finance company.
The lessee agreed to fair enjoyment of a product with a specified feature set for a set term at a set price per month. We are half way down some of those contract durations and the lessor has not fulfilled their obligation. (N.B. I'm not mentioning Tesla here, rather the lessor) .
TBH I think it would be a fairly clear cut consumer finance dispute between lessor and lessee which, without all the pain of small claims court and/or class action suits, I would imagine would fall into the consumer's favour.
Now how the lessors subsequently go about rectifying the situation with Tesla... meh. up to them.
This is my opinion, offered as a suggestion for owners unhappy with the situation, and for who $3k would be a meaningful amount. I will add to that I'm sure it will end up with argument and counter argument, as AFAIK no-one has sold cars with bundled vaporware on lease terms before. The core question will boil down to who undertook the risk the vaporware materialized, the lessee, lessor, or manufacturer.
As a half-rate lawyer myself, I respectfully disagree.I suggest you get the issue escalated. Give Tesla a choice: Refund or see them in small claims court. I don't know what the limits are where you live, but they may be high enough to recoup your cost. A small claims judge will be very sympathetic to your case and you won't need an attorney. I think you'll win.
Show me where they promised functionality by a certain date
There are Tesla videos showing a Tesla car capable of space flight:
Does this mean I should assume that my car, even though stated nowhere in its contract should also be reasonably capable of space flight? At the end of the day, all that matters is what is in the contract and the associated terms/conditions. Marketing and Elon tweets are not a legal ground to stand on when the contract doesn't commit the functionality by any date/time or promise a refund if not delivered when the terms/conditions are still being met.