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True, but it's still fraud because the fact wasn't disclosed. I think you're misunderstanding the part where the relationship of "owner" was reversed. Musk, still owns the Truck technically after you've purchased it and had the title transferred. You see, he created the truck(held in a trust) so he owns the original manufacturer certificate. Even if you bought it, you never "TRULY" own the truck unless you hold this certificate. This is also why police can issue tickets to the vehicle. If you create and drive your own vehicle, they can't issue a ticket even if you go super fast on the highway.
this territory is moderated