Investor Ross Gerber of Gerber Kawasaki said on Wednesday that Tesla Inc. (NASDAQ:TSLA) should initiate refunds for customers if the latest version of its Full Self-Driving (FSD) system does not work as intended.

$10K Refunds

In a post on the social media platform X, Gerber weighed in on Tesla’s FSD v14.3 update. “If tesla FSD 14.3 doesn’t work unsupervised… we should all get our $10k back… we’ve waited long enough,” the investor said in the post. The $10,000 Gerber is referring to is the one-time payment Tesla charged for its FSD package from 2020 to 2022.

Waymo Has Solved Autonomy

In another post, the investor hailed Alphabet Inc.-backed (NASDAQ:GOOG) (NASDAQ:GOOGL) Robotaxi service Waymo, sharing that the vehicles drove “better than humans” on the road. “Autonomy has been solved by Google. First,” Gerber said in the post.

Elon Musk Reaffirms FSD, NHTSA Closes Investigation

The comments come as Elon Musk reiterated his bullish views on FSD technology, sharing that the system was instrumental in saving a lot of lives, but also lamented the several lawsuits that the automaker faces over its FSD system and its capabilities.

Meanwhile, the National Highway Traffic Safety Administration (NHTSA) closed its investigation into Tesla’s “Actually Smart Summon” system, which offers limited self-driving capabilities by letting users move their vehicles over short distances, supervising the vehicle via an app.

Despite this, the investigation into the FSD system as a whole is still underway and has moved on to the Engineering Analysis phase, which typically precedes a recall, according to NHTSA rules.

According to Benzinga Edge Rankings, Tesla offers satisfactory Momentum and Growth, but fails to provide a favorable price trend in the Short, Medium and Long term.

Price Action: TSLA fell 0.98.% to $343.25 at Market close on Wednesday, falling 0.61% further to $341.17 during overnight trading.

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