Tesla warns that a federal probe into whether it exaggerated the range of its cars may lead to a ‘material adverse impact on our business’::Earlier this year, Reuters reported that Tesla had created a special “diversions team” to avoid dealing with complaints from customers about their vehicle ranges.
No…fucking…shit…
I dunno. The musky chodelet has avoided consequences for his actions so far. I doubt there will be any significant change or punishment for tesla.
What is a single thing about Twitter that has gotten better? Selling my Tesla for an electric Mustang was the best choice I’ve made in a while.
I don’t give really a shit about him, but from the dropoff in Twitter’s usage and value to production and publicity issues at Tesla and cutting off the Ukraine army’s access to Starlink, it seems there’s, well, a lot to hate about him. And like he might not be that good at his job.
The starlink thing is a bit more complicated then that. https://apnews.com/article/spacex-ukraine-starlink-russia-air-force-fde93d9a69d7dbd1326022ecfdbc53c2
Tldr: Starlink had been providing Ukraine Starlink access for free and specifically didn’t allow them to use it in Crimea only. They weren’t under a military contract or anything that would have required them to do so and I can definitely see the perspective that it would be a bigger step as Crimea is contested land in a different way than Ukraine as a whole.
When Russia took over Crimea, they did it in such a way that it wasn’t a full invasion and was cloaked in “the people voted to be part of Russia” though we know there were many shenanigans afoot such as a “not Russian” military presence and it’s pretty obvious it was in response to the Revolution of Dignity within Ukraine.
Anyway, the US didn’t provide Ukraine with weapons or anything like that to defend themselves from Russia at that point (which, to be fair it wasn’t even close to the same situation as when Russia actually invaded Ukraine) though they did slap a bunch of sanctions on Russia and wagged their finger at them.
So Crimea is a bit of a different situation and the US govt had been pretty clear at that time that Ukraine should only be using the US provisions for defensive purposes, not for attacking Russia, which Crimea could be construed as being part of Russia. Not to mention at the time Russia was very much threatening nuclear war.
Ultimately, it’s a much more complicated situation then a lot of people prefer to actually discuss and instead will immediately label you an Elon lover or Russian apologist or Tankies or w/e if you don’t pretend it’s a black and white good/bad situation.
For example, Ukraine does literally have a Nazi batallion in their military, (Azov) and the US is indirectly funding and providing them with weapons with very little oversight. I think that’s wrong and should be called out, however pretty much any discussion of that in the MSM or by people of congress gets you labeled a Putin supporter or Russian propagandist.
For an even more recent example, look at what’s been going on in Israel/Palestine over the past several decades. Israel has systematically fucked over the Palestinian people, which has bred a far right terroristic group (Hamas) and lead to thousands upon thousands of deaths on both sides (but mostly Palestinians) and you have people on MSM calling for basically genocide of the Palestinians and Jewish celebrities claiming persecution if you don’t agree with every word of the Israel line, yet even the Israeli citizens don’t agree with what their government has been doing.
There’s so much gray and mess in these situations but instead of thoughtfully look at the underlying causes and potential real reasons these things are happening (it’s not just because Musk sucks, Putin sucks, and Hamas sucks, and the Israeli government sucks, though they do don’t get me wrong) everyone just picks a team and ignores any truthful pushback.
I ended up writing way more then I intended to, my b.
“If we are investigated and it turns out we lied to get more sales, it could hurt our sales if we can’t continue to lie about our products.”
I get where they’re coming from.
If there’s a probe that results in no substantial findings, it would likely still impact sales for some period of time, simply because there was a probe. In that case, Tesla’s concern is justified.
If, however, they do find that Tesla is exaggerating their range, then I hope the lawsuit is spectacular and expensive.
My parents have a Tesla (they bought it used), and its range is shite.
… which is why there won’t be a probe unless there are findings first. And from the sounds of it, there are findings.
If Tesla really did create a “special team” to deal with this issue, then that means it’s very much a real issue. Reuters is a reliable publication - they would have gathered evidence before reporting that.
I think Tesla is above wild swigs in public perception. You’re likely already in a camp.
On the market, like most companies, they’re most definitely not above wild swings in public “perception”
They’ve already been hurt from certain antics.
Tesla had a 28% favorable view in January 2022.
It was 13% in January 2023.
The future is wild. Imagine the richest man in the world destroying his companies because he can’t stop himself from Nazi posting.
If enforcement of federal laws does not cause a “material adverse impact” the penalty is far too low.
“…But investigating my frauding will affect my ability to continue profiting off my fraud.”
-Elon probably
