Yes, a poorly written test for a horribly named function with impenetrable argument names make for a shitty experience for the api user, but is that really insightful? Hopelessly meaningless method names with impenetrable arguments would be just as shitty to use if they came with a page-and-a-half of prose.
And if the hypothetical idiot who wrote your hypothetical test-as-documentation is the same idiot who would instead by providing some other form of written documentation, why would you expect it to be any more clear?