In 2019, Musk referred to Tesla vehicles as “appreciating assets,” implying that their value will rise as Tesla introduces new driver-assist features. Musk later stated that “the value of FSD” could exceed $100,000 “as the software approaches full self-driving capability with regulatory approval.”
Earlier this month, the California Department of Motor Vehicles (DMV) accused Tesla of making “false or misleading claims” about the self-driving capabilities of its vehicles. The DMV claims that the names Autopilot and FSD, as well as the language Tesla uses to describe them, may lead users to believe that the vehicles are capable of operating autonomously.
