> Miss a car payment, remote shut down( this is already a thing for certain high risk buyers).
This doesn't really bother me. I don't like when people don't have total control over things they own, but if you default on a secured loan, you don't own the collateral anymore.
I'm more than okay with them physically taking the car from you, but imagine a nightmare scenario where your wife has a stroke and instead of being able to drive her to the hospital 5 miles away you watch her die since your Tesla XL couldn't verify payment status.
Mistakes happen, Stripe API down, no driving for you .
I suppose, as with "self driving" technology, you have to balance the "nightmare scenarios" with the positive impact and consider the net result. I don't think it would be defensible to disable a car over missing payments, for the reason you describe, but disabling a car because the driver is clearly inebriated would save far more lives than it costs.
Of course, but in this scenario you can clearly see the physical asset is gone.
We have an entire legal framework around how to repossess a car, No one knows what's going to happen once you let Tesla remotely shut off your car since they think you might have missed a payment or something.
This doesn't really bother me. I don't like when people don't have total control over things they own, but if you default on a secured loan, you don't own the collateral anymore.