"court made a judgment in his favor in the amount of $10,672.88, the amount Gawiser paid for FSD, including taxes and court fees." should include interest as well
For instance CPI inflation calculator says 10672 in Jan. 2022 is $12,534.44 today.
Which is why I think Tesla shouldn't be slow-rolling their doing whatever is necessary to get those of us who pre-bought FSD up to the HW4 level. HW4 won't physically fit in a 2016 Model S? Give us a 2026 Model X (they dropped Model S), and you're still $160K ahead.
I've been surprised that there hasn't been a major class action about the FSD. I've been very happy with the car, but the FSD was outright fraud.
Garbage. It was never advertised as that, and all the subsequent "clarifications" or "scoping" of FSD have been because Tesla has been dragged kicking and screaming into adding them, by lawyers, by attorneys general, by the NHTSA, etc.
"The car CAN (emphasis mine) drive itself. The driver is only in the seat for legal purposes." is how it was sold, not "invest in the vision of a FSD future". Then there was "well, providing regulators allow us", then "well, once we actually finally finish the software", and all that garbage.
I don't see how you reconcile "it'd be fair to consider it an investment" with "outright fraud". Even if you ignore my lens, it's not "fair" to rope some into an "outright fraud" "investment".
That rate was determined by the Consumer Credit Commissioner of Texas, which calculated it using the federal reserve rate, which itself is selected to meet an inflation goal, incorporating current inflation levels as well as the predicted inflationary effect of changing the server rate.
If inflation was zero, the interest rate would have been lower. If inflation were double, that rate would be higher.
Interest is awarded to counter the affects of inflation and the loss of opportunity cost. They aren't accounted for individually, instead inflation is part of the equation.
I meant that the ruling awarded interest from the date of judgement to the date of payment but does not account for Inflation between the date of purchase and the date of judgement.
I didn’t mean to imply that interest and inflation are unrelated, I was referring to the two different time periods. Sorry if that wasn’t clear.