Tesla's Autopilot/FSD Recall is a Major Risk

Refunds alone would be $5 billion and full paybacks for the cars would be $19 billion

Key Points

• Tesla’s Autopilot and Full Self-Driving (FSD) features have gone from being a valuation premium for Tesla’s stock to becoming one of its biggest liabilities.

• The recall of FSD over safety concerns is seen by some as a non-issue for Tesla because it can be fixed via an over-the-air (OTA) update with little cost.

• This neglects the legal implicatio…