Comment by moralestapia
Comment by moralestapia 2 days ago
Sure, tell that to Theranos' executives.
Oh yeah, you can't, they're in jail.
Comment by moralestapia 2 days ago
Sure, tell that to Theranos' executives.
Oh yeah, you can't, they're in jail.
I mean, the point is, someone betting against Theranos in this way, if it were a public company, would almost certainly have lost money (unless their timing was _perfect_). Enron would be a better example (as it was public); a lot of people, even before Enron's downfall, were fairly sure that Enron was dodgy, but trading on that belief would have been extremely dangerous, because it might take _years_ to come unstuck, and shorts (or puts) ain't free.
Theranos never went public, so the quote about markets doesn't apply.
I do agree with the general sentiment, however. If FSD kills a person, many executives, including the top dog, need to go to jail.
> If FSD kills a person, many executives, including the top dog, need to go to jail.
It would be great to have that level of accountability.
Drunk drivers that kill people barely go to jail: https://www.cbsnews.com/chicago/news/man-gets-10-days-in-jai...
FSD, in particular, already did definitively kill a person between 2022-08 and 2023-08 [1]. Still going strong.
Note that this is distinct from the tens of publicly documented fatalities on Tesla Autopilot.
[1] https://static.nhtsa.gov/odi/inv/2022/INCR-EA22002-14496.pdf
Because there's a fundamental difference between "manufactures a car with well-understood features in a mature regulatory space" and "prematurely deploys untested and unprecedented functionality without oversight." If a legacy manufacturer rushed out a product that ignored regulation, for example, they should be similarly subject to prosecution.
There's lots of oversight in the automotive space; everything from the dashboard indicators to the crash standards are tightly regulated. Perhaps the regulators should be 'better', but it seems to me that Tesla is quite compliant (as it does 'recalls' and all the like). Which regulations is Tesla maliciously failing to comply with?
There are no requirements in FMVSS that meaningfully apply to FSD, unless you want to consider AEB part of FSD (which it isn't). Tesla voluntarily follows ISO 26262 for the parts they consider safety critical (i.e. not FSD), but that's just a generic software process standard. ISO 21448 is both uncommon in industry and voluntary. Tesla does not follow SAE J3016 terminology internally. Tesla does not follow UL4600. Tesla flouts both the CA DMV and the NHTSA reporting requirements. Etc.
Can you point out where there's meaningful oversight that Tesla cooperates with without complaining or missing data?
Because the product here isn't the car itself.
It's FSD. Which is bought separately and advertised separately.
But both are made by the same company so the liability is still on Tesla.
>[...] the quote about markets doesn't apply
I'm about to blow your mind.
https://www.blackrock.com/se/individual/themes/discovering-p...
Theranos survived for years after people first began raising the alarm... if you'd somehow figured out a way to make a large bet against it, there's a decent change the market would have remained irrational longer than you could have remained solvent unless you were very lucky with your timing.