Yeah, these tooltips changed with the latest Update where they introduced the new “lock” interaction method. You can switch back to “legacy” in the options but I don’t know if that also changes the tooltips back. I think you have to lock on the control to see the status, so not just hover over it but click and hold left mouse button to lock onto it.
There is this post where you can find all kinds of infos, tipps and tricks about the cockpit interaction method: