I understand that many people are confused by the name. I get the argument that aircraft autopilot has a lot of the same constraints, but there are plenty of people who hear "Autopilot" and don't understand the disambiguation between a hands-on assist system, vague rumors that "Teslas drive themselves", and "Full Self Driving". An appropriate remedy is to change the name or put heavy disclaimers on. But it doesn't feel intentionally deceptive like Full Self Driving.
Full Self Driving is a huge mess and there should absolutely be more regulatory action or class action. I paid $10k for the language in the article - get in your car and it drives you where you want to go. Every 8-10 months it's only another year away. I'm not 100% convinced that what Musk claims is even possible with the hardware on my car at this point.
The FSD beta is fun but terrifying and not useful. It drives like a 15 year old and I've never had a single drive where I haven't taken over, either for safety or because the car was holding up traffic. It's also important not to confuse safety (it rarely tries to drive me into a solid object!) with actual usability (it consistently gets confused and blocks other cars in traffic). It's not a few updates away, it's fundamentally not even close to full autonomy. It's not what I bought and it's absolutely false advertising to take $7-12k and just push out the deadline indefinitely.