But LoSavio had opted out of the arbitration agreement and was given the option of filing an amended complaint.
This is why it’s important to opt out of arbitration!
Also notice the potential for fuckery in the statute of limitations here:
the relevant statutes of limitations range from two to four years, and LoSavio sued over five years after buying the car. Under the delayed discovery rule, the limitations period begins when “the plaintiff has, or should have, inquiry notice of the cause of action.”
But when Tesla declined to update his car’s cameras in April 2022, “LoSavio allegedly discovered that he had been misled by Tesla’s claim that his car had all the hardware needed for full automation.”
Without that specific moment to point to, to reset the clock through delayed discovery, Tesla could just say “Yeah, we lied, but you bought the lie for 5 years, so now we’re in the clear!”
Buffalox@lemmy.world 7 months ago
Yes and in 2019 Musk his claims went even further, when he claimed it was stupid to buy anything but Tesla, because next year (2020) You would be able to make money on it as a RoboTaxi. As I recall it was $200,000.- you should be able to make on a Tesla per year!!! Why he sold them then is a bit strange?
He also claimed that instead of losing value, a Tesla would increase as much as five times in value in a year, because FSD was worth that much.
How this man hasn’t been jailed for fraud years ago is beyond me, I could understand if USA was a corrupt country for the rich… oh…
MxM111@kbin.social 7 months ago
I think he truly believed all that. He did not lie, he was wrong about the future. Or at least that would be his legal defense.
Buffalox@lemmy.world 7 months ago
Except he claimed Tesla had the technology working NOW in 2019. Which is a factually false statement not about beliefs.
m13@lemmy.world 7 months ago
There are plenty of bosses like him out there. Completely high on their own shit. He reads about technology in a sci-fi book, and thinks he can Steve Jobs into bullying workers into making it a reality. Completely deludes himself into thinking it’s real and sells it to investors with full confidence. He has no idea of the actual technical challenges and fully convinces himself his genius brain could figure it out if he wasn’t so “busy” all the time. Everything is perpetually just 6 months away.
RememberTheApollo_@lemmy.world 7 months ago
Funny how rich people can get away with that. I could say I fully believe I’m going to win $50 million in the lottery next week, but a bunch of shit I can’t pay for, and probably wind up jailed pretty shortly thereafter and nobody would bat an eye. Rich guy selling vaporware? No problem, he just believed his own hype train. Sorry, investors.
NotMyOldRedditName@lemmy.world 7 months ago
He’s claimed before that he honestly believes it each year by watching the progress the past X months, but suddenly all progress stops as their method hits a plateau. So they keep changing methods.
It’s probably an honest mistake the first time or two, but he’s done this every year since and has no credibility anymore.
After being wrong by a year or two, he should have explained what was going in, and shut up about it, with a simple I don’t know when it’ll be ready buy you should see forward progress each year.
phoenixz@lemmy.ca 7 months ago
I really believed that…
Uh-huh… There is a long, LONG list of bullshit that he believed, and continues to believe. There comes a point where we either have to accept that he has the mental level of a 5 year old believing in Santa Claus, or that he is a narcissistic compulsive liar.
OpenStars@discuss.online 7 months ago
Now watch as Musk faces “consequences™”.
Why, he might have to pay a fine of a full hour’s worth of profits that resulted from his actions!?
TurdMongler@lemmy.world 7 months ago
He’s a military contractor.