transmission failsafe program on 2001 BMW 740iL

my car is taking a while to accelerate and the transmission failsafe program light went.what does this mean and how do i fix this problem.

7 answers 1 comment
i got a same problem is not transmition is a ABS module is about 1500 dollars but wait. take off youer old ones and send it for rebult . 200 dolars and after you put it problems go aways.
where do you take it to have it rebuilt?
YOU GOT TO REMOVE ABS MODULE AND SEND IT FOR A REBUILT. COST ABAOUT 200 DOLARAS . ONCE YOU GOT THE MODULE BACK YOU NEED TO REPOROGRAMET BY SOMEONY WHO HAS A COMPUTER FOR IT ABAUT 75 DOLLARS . DONT LET ENY BUDDY ELSE SUGEST ANY TRANSMISION WORK . IT AHD NOTHING TO DO WITH IT.
This means there is an issue with the transmission and it needs to be checked out to determine what the problem is. Take it to a good BMW or transmission shop.
try replacing tran. fluid your fluid could be low
neutral safty sfech
Bad batter or alternater causes a transmission failsafe to trigger. If batteries good, regulater in your alternator might be bad...replace entire alternater
this is caused by splip in the transmission disc clutches ,what it means is that the transmission has failed and has to be replaced or rebuilt,. free service from a master technician from bmw,of n/a