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Elon Musk agrees with fmr president of PayPal on PayPal's drastic move Elon Musk agrees with fmr president of PayPal on PayPal's drastic move

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Elon Musk agrees with fmr president of PayPal on PayPal’s drastic move

Credit: TED

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Update, a Paypal spokesperson told Teslarati in an email:

“An AUP notice recently went out in error that included incorrect information. PayPal is not fining people for misinformation and this language was never intended to be inserted in our policy. Our teams are working to correct our policy pages. We’re sorry for the confusion this has caused.”

Note, at the time of this writing, PayPal’s AUP page still reflects the $2,500 fine as seen in the screenshot below. We’ll keep checking the user agreement page and update you when the language is removed.

 

Elon Musk, who co-founded what is now known as PayPal, agreed with PayPal’s former president, David Marcus, on the company’s drastic new move. Marcus said that PayPal’s new AUP (Acceptable Use Policy) goes against everything he believes in.

“A private company now gets to decide to take your money if they say something you disagree with. Insanity.”

A new policy will allow PayPal to fine users $2,500 for “misinformation,” according to a report from The Daily Wire. This “misinformation” isn’t defined, and the new policy takes effect on November 3. The changes will be added to the company’s restricted activity section of its user agreement.

The policy changes include prohibitions on “the sending, posting, or publication of any messages, content, or materials” that “promote misinformation.”The Daily Wire noted that deliberations will be made at the “sole discretion” of PayPal and could fine users $2,500 “debited directly from your PayPal account” per offense.

According to PayPal,

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“If you are a seller and receive funds for transactions that violate the Acceptable Use Policy, then in addition to being subject to the above actions, you will be liable to PayPal for the amount of PayPal’s damages caused by your violation of the Acceptable Use Policy.’

“You acknowledge and agree that $2,500.00 U.S. dollars per violation of the Acceptable Use Policy is presently a reasonable minimum estimate of PayPal’s actual damages…”

Elon Musk also commented, “?,” on a post from Andrea Stroppa sharing an article about PayPal’s drastic move. Stroppa said, “Worrying. That’s why we need the X platform more than ever.”

Elon Musk was one of the co-founders of X.com, which merged with Confinity in 2000 to become PayPal. In 2002, eBay purchased PayPal for $1.5 billion. In 2017, Elon Musk bought X.com back from PayPal. At that time, Elon Musk didn’t have any plans for the website but recently said he wants to create X the everything app.

Aaron Terr, a senior program officer at the Foundation for Individual Rights and Expression told The Daily Wire that PayPal has the ability to do this under existing law. “Under existing law, PayPal has the ability as a private company to implement this type of viewpoint-discriminatory policy,” said Terr.

“Whatever motivation PayPal has for establishing these vague new categories of prohibited expression, they will almost certainly have a severe chilling effect on users’ speech. As is often the case with ill-defined and viewpoint-discriminatory speech codes, those with unpopular or minority viewpoints will likely bear the brunt of these restrictions.”

The Daily Wire said it reached out to PayPal for a comment, but the financial services company hasn’t responded yet. Teslarati also reached out to PayPal for a comment. We’ll update you if we get one.

My 2.5¢

I understand the need to protect minority groups and their viewpoints. However, PayPal doesn’t define what “misinformation” is. And anyone employed by the company could simply disagree with you and fine you $2,500. Perhaps some businesses may survive that, but for many individuals who use PayPal, this could overdraft their accounts. It will also hurt small businesses.

Hate speech isn’t good, and neither is using free speech to bring harm and spread misinformation. But, again, PayPal chooses the definition of misinformation and doesn’t disclose what it thinks is misinformation–at least for now. And if they disagree with you, they could say, “Oh hey, Johnna is spreading misinformation. Let’s take $2,500 from her.”

And just a side note, many sellers start out as individuals. As an artist, I used PayPal before I started my LLC.

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I find this incredibly disturbing as someone who has a small business and uses PayPal regularly. Elon Musk, David Marcus, and Andrea Stroppa are right to find this alarming.

Your feedback is essential. If you have any comments or concerns or see a typo, you can email me at johnna@teslarati.com. You can also reach me on Twitter at @JohnnaCrider1.

Teslarati is now on TikTok. Follow us for interactive news & more. Teslarati is now on TikTok. Follow us for interactive news & more. You can also follow Teslarati on LinkedInTwitter, Instagram, and Facebook.

Johnna Crider is a Baton Rouge writer covering Tesla, Elon Musk, EVs, and clean energy & supports Tesla's mission. Johnna also interviewed Elon Musk and you can listen here

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Tesla to increase Full Self-Driving subscription price: here’s when

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Credit: Tesla

Tesla will increase its Full Self-Driving subscription price, meaning it will eventually be more than the current $99 per month price tag it has right now.

Already stating that the ability to purchase the suite outright will be removed, Tesla CEO Elon Musk said earlier this week that the Full Self-Driving subscription price would increase when its capabilities improve:

“I should also mention that the $99/month for supervised FSD will rise as FSD’s capabilities improve. The massive value jump is when you can be on your phone or sleeping for the entire ride (unsupervised FSD).”

This was an expected change, especially as Tesla has been hinting for some time that it is approaching a feature-complete version of Full Self-Driving that will no longer require driver supervision. However, with the increase, some are concerned that they may be priced out.

$99 per month is already a tough ask for some. While Full Self-Driving is definitely worth it just due to the capabilities, not every driver is ready to add potentially 50 percent to their car payment each month to have it.

While Tesla has not revealed any target price for FSD, it does seem that it will go up to at least $150.

Additionally, the ability to purchase the suite outright is also being eliminated on February 14, which gives owners another reason to be slightly concerned about whether they will be able to afford to continue paying for Full Self-Driving in any capacity.

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Some owners have requested a tiered program, which would allow people to pay for the capabilities they want at a discounted price.

Unsupervised FSD would be the most expensive, and although the company started removing Autopilot from some vehicles, it seems a Supervised FSD suite would still attract people to pay between $49 and $99 per month, as it is very useful.

Tesla will likely release pricing for the Unsupervised suite when it is available, but price increases could still come to the Supervised version as things improve.

This is not the first time Musk has hinted that the price would change with capability improvements, either. He’s been saying it for some time. In 2020, he even said the value of FSD would “probably be somewhere in excess of $100,000.”

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Tesla starts removing outright Full Self-Driving purchase option at time of order

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(Credit: Tesla)

Tesla has chosen to axe the ability to purchase Full Self-Driving outright from a select group of cars just days after CEO Elon Musk announced the company had plans to eliminate that option in February.

The company is making a clear-cut stand that it will fully transition away from the ability to purchase the Full Self-Driving suite outright, a move that has brought differing opinions throughout the Tesla community.

Earlier this week, the company also announced that it will no longer allow buyers to purchase Full Self-Driving outright when ordering a pre-owned vehicle from inventory. Instead, that will be available for $99 per month, the same price that it costs for everyone else.

The ability to buy the suite for $8,000 for a one-time fee at the time of order has been removed:

This is a major move because it is the first time Tesla is eliminating the ability to purchase FSD outright for one flat fee to any of its vehicles, at least at the time of purchase.

It is trying to phase out the outright purchase option as much as it can, preparing people for the subscription-based service it will exclusively offer starting on February 14.

In less than a month, it won’t be available on any vehicle, which has truly driven some serious conversation from Tesla owners throughout the community.

There’s a conflict, because many believe that they will now lose the ability to buy FSD and not pay for it monthly, which is an attractive offer. However, others believe, despite paying $8,000 for FSD, that they will have to pay more money on top of that cost to get the unsupervised suite.

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Additionally, CEO Elon Musk said that the FSD suite’s subscription price would increase over time as capabilities increase, which is understandable, but is also quite a conflict for those who spent thousands to have what was once promised to them, and now they may have to pay even more money.

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Tesla Robotaxi has a highly-requested hardware feature not available on typical Model Ys

These camera washers are crucial for keeping the operation going, as they are the sole way Teslas operate autonomously. The cameras act as eyes for the car to drive, recognize speed limit and traffic signs, and travel safely.

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Credit: David Moss | X

Tesla Robotaxi has a highly-requested hardware feature that is not available on typical Model Ys that people like you and me bring home after we buy them. The feature is something that many have been wanting for years, especially after the company adopted a vision-only approach to self-driving.

After Tesla launched driverless Robotaxi rides to the public earlier this week in Austin, people have been traveling to the Lone Star State in an effort to hopefully snag a ride from one of the few vehicles in the fleet that are now no longer required to have Safety Monitors present.

BREAKING: Tesla launches public Robotaxi rides in Austin with no Safety Monitor

Although only a few of those completely driverless rides are available, there have been some new things seen on these cars that are additions from regular Model Ys, including the presence of one new feature: camera washers.

With the Model Y, there has been a front camera washer, but the other exterior “eyes” have been void of any solution for this. For now, owners are required to clean them manually.

In Austin, Tesla is doing things differently. It is now utilizing camera washers on the side repeater and rear bumper cameras, which will keep the cameras clean and keep operation as smooth and as uninterrupted as possible:

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These camera washers are crucial for keeping the operation going, as they are the sole way Teslas operate autonomously. The cameras act as eyes for the car to drive, recognize speed limit and traffic signs, and travel safely.

This is the first time we are seeing them, so it seems as if Safety Monitors might have been responsible for keeping the lenses clean and unobstructed previously.

However, as Tesla transitions to a fully autonomous self-driving suite and Robotaxi expands to more vehicles in the Robotaxi fleet, it needed to find a way to clean the cameras without any manual intervention, at least for a short period, until they can return for interior and exterior washing.

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