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.
If enforcement of federal laws does not cause a “material adverse impact” the penalty is far too low.
Translation: “we did the thing you suspect so don’t investigate pretty plz”
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Oh boo hoo!!!
If you need to lie to your customers to make a buck you don’t deserve to be in business.
Tesla and Elmo can both eat a dick.
Is it mean to say I want this company to go bankrupt?
Elon is an idiot but if we could get him to fuck off to an island somewhere I’m hoping Tesla can still do some good.
I think they lit a fire under the big car companies and made them invest in electric. They are still playing catch-up.But yeah I want Elon to disappear and stop being a dip shit.
True. I also disagree that he’s an idiot. He’s just an evil/asshole person.
Why not both?
I’m not a fan of Musk but dumb luck will only get you so far. He’s been successful for too long to be a stumbling idiot. Maybe a successful market manipulator that never got caught, or a great salesman for his ventures, but I wouldn’t use idiot to describe him.
And the “he started with millions” doesn’t cut it fully either. He’s the richest man on earth, surely he had to bet on the right things more than once.
He just never should be at the helm of a company structured like Twitter was. Apparently Tesla built their VP level around Musk with great success.
He’s a more techy Steve Jobs. And a complete asshole
Good.
Lying about your shit product will do that, yeah
Oh no, gosh, what a shame. Anyway…
Cry more you little incompetent trust fund shit. (Elon, not OP)
it’s such bullshit though claimed range 540km, actual range 400km in ideal temp conditions. thats not a small exaggeration. it’s straight up bullshit.
To put some numbers on it…
I don’t think anyone in the US tests EV like TeslaBjorn to make a spreadsheet about it, although I guess you could find out the EPA ranges of all those cars, convert km to miles, and get a reasonable one… percentages would be different as WLTP is a different test (it tends to exaggerate ranges, so will be higher, although nothing like the clusterfuck that NEDC was).
Polestar must be worried too.
This is an SEC filing. They are required to disclose to investors that this is going on and could impact their investment. Pretty standard stuff. They are not complaining that the feds are hurting their business or scaring people away from buying their cars - at least not in this filing. All they are saying is there’s this significant thing going on that could have an impact on the company’s value.
It would probably be smart for Tesla to settle this quickly and quietly because their range estimates are completely bonkers. Some kind of “agree to disagree on testing methods and we will pay up and do a better job” thing without this going too far. A VW diesel-gate kind of situation would be devastating to them. Elon is such a polarizing figure to begin with and there are some pretty good EV alternatives out there now. The only real killer feature they have left is the Supercharger network. Before anyone says FSD, it’s a scam and it doesn’t work.
A VW diesel-gate kind of situation would be devastating to them.
Dieselgate is estimated to have killed 5,000 people per year in Europe alone (and they were selling those cars worldwide).
There is a big difference between lying about how far your car will go on a charge and releasing toxic (and illegal) chemicals into the air while the car is driving… especially when the car has the capability to capture those chemicals but the system was deliberately setup to only activate while the car was undergoing safety checks.
VW’s “solution” to the scandal was to basically do what Tesla is accused of right now. They modified the car to give it worse MPG in winter than what was advertised to buyers (as far as I know, the system to capture chemicals requires a lot of heat, and you need to run the engine at higher RPM to create enough heat in winter).
Where I’m going with the comparison to VW is we don’t know where that rabbit hole goes with Tesla. Diesel-gate just kept getting worse for VW the more investigators dug into it. Tesla appears to be an even less professional operation. I can only imagine what would come out if there was a real investigation there.
Oh no, anyways…
What are you going to get in this weekend?
Maybe bed bath and beyond but not sure if I’ll have enough time
Yeah. Lying does that.
Still waiting for robo taxis. That’s false advertising.
Why do people think robo taxis don’t exist yet?
They do, and they cause a lot of havoc on the roads where they operate (San Fran)
But is it a Tesla Robo Taxi? Using software only from Tesla?
Not tesla robotaxis.
Musk has been pitching “FSD will let you loan out your car as a robo taxi when youre not using it” for years. He literally said you would be a fool for not buying it.
Telsa hasent even gotten to the point where they autonomously cause havoc like Cruise or Waymo. They are just nothing instead.
Poor babies