Some people were worried because not many Tesla car owners decided to pay money every month for a special feature called FSD that helps the car drive itself. Only 2% of people who tried it for free wanted to keep using it. A man named Gary Black said he was disappointed by this and wondered why so few people wanted it. He thought maybe the feature didn't seem very useful or it cost too much money every month. This made some people question if Tesla's FSD technology is as good as they thought, since not many people were willing to pay for it. Read from source...

1. The article focuses too much on the opinions of Gary Black and his concerns about the low subscription rate of Tesla’s FSD service, while ignoring other perspectives and data that might provide a more balanced view of the situation. For example, the article does not mention any positive feedback or success stories from users who have subscribed to the FSD service, nor does it cite any independent expert opinions on the potential value and impact of the technology.
2. The article uses selective and potentially misleading data sources, such as YipitData, which is a credit card data provider that may not have access to comprehensive or accurate information about Tesla owners and their FSD usage patterns. Moreover, the article does not disclose any potential conflicts of interest or biases that might influence Gary Black's views on the FSD service, such as his involvement with Future Fund or his financial stake in Tesla's stock price.
3. The article relies too heavily on anecdotal evidence and speculation to make sweeping claims about the market expectations for Tesla’s FSD technology, without providing any solid empirical support or evidence. For instance, the article mentions a "community feedback forum" by Moomook Technology that questioned the market expectations of the FSD service, but does not provide any details or data on what this forum consisted of, how many participants were involved, or what their opinions were based on. Furthermore, the article cites Musk's assertion that Tesla’s FSD technology is "half a decade ahead or more" compared to Mercedes, without providing any comparable or objective criteria to evaluate this claim.

Bearish

Key points:
- Only 2% of free trial users subscribed to Tesla's FSD service after the trial period ended
- Gary Black, a Future Fund executive, expressed disappointment and concern about the low subscription rate
- The sample size was small and might not be representative of the entire Tesla owner population
- Some bulls predicted higher take rates, but others thought they were absurd
- The FSD v12.3 is expected to have a lot of value added, but the market may doubt its potential due to the low uptake
- Musk claimed that Tesla's FSD technology is far ahead of competitors like Mercedes