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Tesla recalls nearly half a million Model 3 and Model S cars

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Re: Tesla recalls nearly half a million Model 3 and Model S cars

#201

Post by cududa »

johnnyApplePRNG wrote: post #193

This comes just weeks after the CEO sold billions in TSLA stock to "pay taxes" when the market is in the middle of the largest bull run of all time..? Highly suspicious imho. (There's a very good chance that the ROI on any TSLA stock today will exceed the interest owed on 1 years worth of unpaid taxes... assuming you were not about to recall almost every car you've sold in the past year, that is.) I am shocked at how…

Stock options have an expiration date. A package of grants are expiring. When you exercise the options (buying the shares reserved for you at $x/ price of the stock when you were granted the options) you have to pay taxes on the delta between grant price and current market price. To cover the taxes you need cash, which requires selling shares. Net worth doesn’t mean liquid cash. He lives off loans against stock, of which loans on unrealized gains generally come due when options expire. The IRS would not look kindly on selling shares to pay loans but not taxes. Plus, if the stock tanked between exercise and a year from now, like you suggest, he’d be royally screwed. I don’t see the IRS giving him a year+ to get the cash to pay the bill.

I’m far from an Elon apologist but conspiracy theories that have purely legal explanations are weird

Re: Tesla recalls nearly half a million Model 3 and Model S cars

#202

Post by bumby »

theshadowknows wrote: post #155
userbinator wrote: post #102

For affected Model 3 owners, Tesla has pledged to install a new cable harness and guide protector free of charge. Wiring harness flexing and chafing is a decades-old well-known problem with well-known solutions. I wonder what the people who designed that area are thinking now, when they were presumably trying to save costs? If Teslas' issues were specific to being EVs or otherwise new functionality specific to its ca…

My understanding of the automotive industry is that they cut corners everywhere they can because they know it’ll save more money than a lawsuit or recall will cost. Do they do these things and when someone dies or raises a stink only then do they do the recall.

This is largely urban legend from the Corvair debacle when an internal document showed someone comparing costs of lawsuits to a cost of recall. I don’t think it ever made it into some sort of policy, it was just a math wonk running numbers

Re: Tesla recalls nearly half a million Model 3 and Model S cars

#203

Post by darepublic »

walrus01 wrote: post #22
m-ee wrote: post #7

Earlier quoted context omitted.

Rear view cameras are a required safety feature in the US now. As SUVs proliferated and pillars got thicker for crash safety cases of parents running over their toddlers increased.

as predicted in the early 1990s https://www.youtube.com/watch?v=PI_Jl5WFQkA

Pretty sure this is from s8 or higher so more like late nineties? Probably more a parody of trends already existing

Re: Tesla recalls nearly half a million Model 3 and Model S cars

#204

Post by cududa »

userbinator wrote: post #102

For affected Model 3 owners, Tesla has pledged to install a new cable harness and guide protector free of charge. Wiring harness flexing and chafing is a decades-old well-known problem with well-known solutions. I wonder what the people who designed that area are thinking now, when they were presumably trying to save costs? If Teslas' issues were specific to being EVs or otherwise new functionality specific to its ca…

To you question: no idea. But I know my aunt has a Honda CR-V that needs to go back to the shop every 1-4 months to get a cable harness serviced and they have to take apart a huge part of the car to do it. I think it’s more a matter of unintended consequences. In the case of the Honda, the dealership tells her their understanding is Honda thought it was nestled away deeply enough it’d be protected. Big oops on their part the integrity measure failed and results in hours of maintenance to repair it

Re: Tesla recalls nearly half a million Model 3 and Model S cars

#205

Post by 0x0nyandesu »

masterof0 wrote: post #154
whiskyant wrote: post #113

Earlier quoted context omitted.

The model 3 and y is on that top 10 list as well, and they're not quite luxury goods.

In the real world, outside FAANGistan , paying 50k for a car, IS a luxury. I said that as a fellow FAANGistanian.

50k is standard for normies in their 40s and 50s and typically financed with a down payment. Typically $600-$700 a month

Re: Tesla recalls nearly half a million Model 3 and Model S cars

#206

Post by cududa »

matthewdgreen wrote: post #124
chrisseaton wrote: post #34

Earlier quoted context omitted.

Mandatory safety feature not working not a safety issue? How do you work that one out?

The recall is not specifically for vehicles with broken backup cameras. It is to deal with cars that have working cameras, but contain a flaw wherein closing the trunk could damage the cable and cause the backup camera to cease working. So TL;DR this should be fixed ASAP (hence the recall) but presumably those cars with currently-working cameras are perfectly safe to drive until then. The Model S hood issue, on the o…

Okay so let’s say someone is at the grocery store, loads up the trunk, while doing so breaks the cable. Tries to backup without the camera/ obscured field of view inherent to the vehicle, hits someone.

I get most auto manufacturers calculate risk of death versus recall value, but Tesla doesn’t really have the cash on hand to survive that, and the stock would get obliterated. Why chastise them for being proactive?

Re: Tesla recalls nearly half a million Model 3 and Model S cars

#207

Post by mdoms »

cududa wrote: post #204
userbinator wrote: post #102

For affected Model 3 owners, Tesla has pledged to install a new cable harness and guide protector free of charge. Wiring harness flexing and chafing is a decades-old well-known problem with well-known solutions. I wonder what the people who designed that area are thinking now, when they were presumably trying to save costs? If Teslas' issues were specific to being EVs or otherwise new functionality specific to its ca…

To you question: no idea. But I know my aunt has a Honda CR-V that needs to go back to the shop every 1-4 months to get a cable harness serviced and they have to take apart a huge part of the car to do it. I think it’s more a matter of unintended consequences. In the case of the Honda, the dealership tells her their understanding is Honda thought it was nestled away deeply enough it’d be protected. Big oops on their…

No post body was provided.

Re: Tesla recalls nearly half a million Model 3 and Model S cars

#208

Post by [deleted] »

tibyat wrote: post #172
rconti wrote: post #161

Earlier quoted context omitted.

Not just SUVs. The visibility out of the rear of my Model 3 is almost as bad as the rear of my BMW X5 SUV. The trunk is so high, you cannot see the headlights of a following passenger car until it's some distance behind. It's not just Tesla, visibility across all cars is getting worse over time, as manufacturers are pushed by crash test standards to improve performance in a crash against another vehicle or stationary…

So glad to come across your comment. This has been driving me mad when I've been on long road trips lately. As a driver of a "normal" sedan, it's amazing how few cars i can see around/through on the highway at this point. I was specifically noticing the model 3 and its raised rear window. It requires a much larger safe following distance when the only signal you get is the taillights of the guy in front of you, espec…

[deleted]

Re: Tesla recalls nearly half a million Model 3 and Model S cars

#209

Post by woodruffw »

andrepew wrote: post #188
woodruffw wrote: post #139

Earlier quoted context omitted.

I know very little about cars, but a cursory search shows that both the Model 3 and Model Y are about ~60% more expensive than the top-selling sedans and SUVs in the US. They're also both in the same rough ballpark as popular "luxury" car labels (Lincoln, BMW), so I think "luxury" is a fair descriptor.

I don’t think comparing a Tesla’s price to an ICE competitor is an apples to apples comparison. Sure on the surface a Model 3 price tag looks luxury, but look at full cost of ownership and things start looking downright reasonable. No mandatory scheduled maintenance, no gas costs — charging the thing at home is laughably cheap, brake pads last in to the 100-200k kilometre range thanks to regenerative braking. Don’t f…

I think you're absolutely right: amortized, driving a Tesla for a decade is probably cheaper than driving a brand new luxury sedan. But I don't think that's incompatible with Tesla being a luxury brand: many (although) not all luxury brands advertise themselves through their amortized savings or durability. Put another way: a product's longevity is frequently a selling point for a luxury label, even if longevity itself isn't a guarantee of luxury.

The same is apparent in clothing: I have an expensive, recognizable jacket that I expect to last for the rest of my life. It's undeniably a luxury item, because it costs several times more than even a premium, high-quality jacket would. But it'll probably save me money over the next 60 years, since I won't buy half a dozen merely nice jackets instead.

Re: Tesla recalls nearly half a million Model 3 and Model S cars

#210

Post by YZF »

JohnJamesRambo wrote: post #76
ericmay wrote: post #12

Earlier quoted context omitted.

I see this all the time but then if you want to buy a new Tesla you have to wait a year. And that is due to demand. The consumer reports reliability thing just seems like a meme at this point that doesn’t ring true for most people either in importance or reality. I can’t quite put my finger on why this meme is wrong but my intuition says it is.

I haven't had a single problem with my Tesla (2021 Model 3) so this seems odd and was surprising to me. I know that is a sample size of one but I would expect some issue.

I had one issue with my 2019 model 3. The charge port door would sometimes not open. Tesla service came to my house and replaced it, under warranty. Now what other car manufacturer does that?

Sample size of one Tesla vs. one Subaru Outback, both bought new, I'll take the Tesla any day. The Outback had a chronic issue with the cable going to the rear door which had a ton of electronics in it. I had to repair it multiple times. Head gasket failures. Then the engine died and I had to replace it as well. It also had a few "recalls". Recalls, sometimes massive ones, are not that uncommon for all brands.

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