criticism of tesla inc
“Elon Musk’s Texas Lawsuits: Judge with Tesla Stock to Hear Cases [Update]”
Instead of focusing on Tesla’s plummeting profits and sales slump, CEO Elon Musk is busy suing various companies and organizations for taking issue with his bigotry. The lawsuits are generally laughable, but he does have an ace up his sleeve — a Texas judge who’s proven to be incredibly friendly to Musk. NPR reports…
“Fatal Collision: Tesla’s Full Self-Driving Mode Involved in Motorcyclist’s Death | Giga Gears”
A Tesla Model S had Full Self-Driving engaged when it hit and killed a 28-year-old on a motorcycle near Seattle in April. This marks at least the second fatal accident involving Elon Musk’s prized driver assistance technology.
“Tesla Model Y Self-Damages While Remote Parking | Giga Gears”
A Tesla Model Y owner might be out thousands of dollars after an incident that could have easily been avoiding. As documented on Twitter, the owner used Tesla’s Summon feature to remotely back their Model Y into a parking space, but the car didn’t detect low section of garage, resulting in the Tesla breaking its own…
Elon Musk’s Plan to Use Tesla Funds for xAI Bailout | Giga Gears
Elon Musk loves pressing his luck when it comes to what he can get his Tesla shareholders to do. Just a few weeks after he got them to approve a $56 billion pay package, he’s apparently asking them to indirectly bail out the investors of his social media company, X (Twitter, baby).
“Tesla’s Q2 Profit Boosted by Taxpayer Contributions | Giga Gears”
Tesla did not have a good second quarter for 2024, and it could have been a whole lot worse had it not been for the U.S. government. Sure, profits fell 45 percent during the time period, but Tesla benefitted from one very important weapon for improving an income statement: regulatory credits.