Tesla - Page 17

Tesla shares reportedly dropped 10 percent below their intraday high on Thursday after hedge fund manager David Einhorn publicly questioned Elon Musk over the firm’s accounting practices. This was before the shares took another haircut in Friday’s trading action when Musk himself posted to social media that Tesla’s share price is “too high.”

Tesla CEO Elon Musk referred to government lockdowns as “fascist” during what has been described as an “expletive-laced rant” on Tesla’s quarterly earnings call. Musk also praised China for having “much better” infrastructure than the United States.

Tesla and SpaceX CEO Elon Musk tweeted recently calling on states to “reopen” America in order to revitalize the economy. In one post, Musk simply stated: “FREE AMERICA NOW.”

Tesla and SpaceX CEO Elon Musk, a recipient of government subsidies at both the federal and state level, recently took issue with the U.S. government’s planned aid to oil and gas companies affected by the Wuhan coronavirus pandemic.

Following a number of articles relating to Tesla CEO Elon Musk’s donation — or lack thereof — of medical-grade ventilators to hospitals around the country, Breitbart News reached out to multiple hospitals Musk listed as evidence of his donations to confirm if they had received the ventilators needed to treat the Chinese virus.

U.S. District Judge Edward M. Chen recently ruled in San Francisco that Musk’s infamous “funding secured” tweet from 2018 was false and misleading. The ruling is part of a civil class-action lawsuit brought against Tesla CEO Elon Musk by shareholders.

A recent article from the Sacramento Bee claims that Elon Musk’s ventilator scheme, which the Bee mocks as a “move fast and fake things” plan, is a ‘fiasco’ that shows that California Governor Gavin Newsom’s work to fight the Chinese virus needs serious oversight. Although Newsom applauded Musk’s plan to deliver ventilators in California, no hospitals have yet received machines.

Elon Musk’s Telsa has released its 2020 Q1 delivery numbers, reporting 88,400 vehicles delivered so far this year. The company beat analyst expectations of about 80,000 deliveries.

After promising to deliver ventilators to hospitals treating Chinese virus patients in Los Angles, Elon Musk has reportedly delivered a number of CPAP machines that are not recommended for the treatment for coronavirus, which can “pump viruses into the air” according to experts.

Tesla and SpaceX CEO Elon Musk stated in a recent tweet that he has shipped 1,225 ventilators from China to medical facilities in the United States.

In a recent op-ed, the LA Times discussed the lockdown of multiple businesses due to the spread of the Wuhan coronavirus and Tesla CEO Elon Musk’s resistance to shutting down Tesla’s production facilities.

California Gov. Gavin Newsom confirmed Saturday that Elon Musk’s SpaceX and Tesla have repurposed their manufacturing processes to produce ventilators, much-needed in the fight against the coronavirus outbreak.

Tesla CEO Elon Musk’s misleading tweets about the Wuhan coronavirus have been left on Twitter’s platform despite the social media platform’s promise to crack down on misinformation. Musk tweeted that children are “essentially immune” to the Chinese virus, which is not true.

Tesla cannot operate its main U.S. vehicle factory normally as the San Francisco Bay Area locks down to reduce the spread of the Wuhan coronavirus, according to a spokesman for the Alameda County sheriff’s office.

According to a recent report, New York state officials are considering selling equipment worth $50 million that the state purchased for use at the Tesla solar panel factory in Buffalo. The equipment has remained in storage instead of being put to use to create jobs in the area.

Panasonic has reportedly stated that it will stop solar cell production at Tesla’s New York “Gigafactory,” the latest sign of strain in the relationship between the two companies and a major blow for the Buffalo, New York, facility that is increasingly seen as a billion-dollar boondoggle for the state.

Elon Musk’s Tesla has reportedly lost one of its most senior executives and the leader of the construction of its “Gigafactories,” Kevin Kassekert.

Clearing forest land for Tesla’s German “Gigafactory” is back underway after an environmental challenge to its construction was thrown out of court. The company claims it will plant trees elsewhere in the country to offset the forest it clears to build a manufacturing facility.

Researchers at McAfee reportedly used a 2-inch strip of tape on a 35-mph speed limit sign to trick two Tesla vehicles into misreading the signs as 85-mph and accelerating 50 mph to match the modified sign.

Elon Musk’s Tesla has been ordered to stop clearing forest land near the capital of Berlin, Germany, to build its new “Gigafactory.”

An Apple engineer who recently died in a crash of his Tesla Model X when it slammed into a concrete barrier had previously complained about Tesla’s “Autopilot” malfunctioning on that particular stretch of freeway, according to newly released NTSB documents.

A former Tesla employee has filed a formal whistleblower complaint with the SEC alleging that Tesla failed to disclose that authorities had discovered an alleged drug trafficking scheme involving an employee at the firm’s “Gigafactory” plant in Nevada. Among the other claims in the complaint, the whistleblower also describes the theft of more than $37 million worth of copper from Elon Musk’s Nevada facility.

A recent article in the Las Vegas Review-Journal calls for Elon Musk’s Boring Company to provide more information on the $52.5 million tunnel its been constructing under the Las Vegas Convention Center. Up to this point, the public has been given very little information about the project, and sources will only talk to the Review-Journal off the record.

Tesla and SpaceX CEO Elon Musk has taken a swipe at social media giant Facebook, calling it “lame” and encouraging users to delete their accounts.

Tesla reportedly removed autopilot features from a customer’s used Tesla vehicle without any notice whatsoever. The practice is likely to add more Tesla buyers to the growing chorus of dissatisfaction surrounding Elon Musk’s treatment of customers.

According to a recent report, Amazon CEO Jeff Bezos’ attempt to open the company’s HQ2 in New York because he was jealous of Elon Musk and the government subsidies that Tesla has received.

Elon Musk’s girlfriend, the Canadian pop star known as Grimes, has dished publicly on her pregnancy for the first time, admitting that she was “woefully ill prepared” and that the “whole thing has been a bit of an ordeal.”

Toyota and Panasonic recently announced a joint venture to develop electric vehicle batteries starting in April as the companies expect a surge in demand for electric vehicles. Panasonic has previously been a close partner of Tesla’s efforts to build electric cars and solar systems.

Tesla’s entire Board of Directors, with the exception of CEO Elon Musk, has reportedly agreed to pay a $60 million settlement to resolve a shareholder lawsuit relating to the company’s purchase of SolarCity. 

China’s state-run newspaper Global Times questions in a recent article whether Tesla’s new commitments in China will help the country to take over the electric car market, as Apple’s investment in Chinese factories helped it to dominate the smartphone manufacturing industry.

In an interview with CNBC at the World Economic Forum in Davos, Switzerland, President Donald Trump praised Tesla CEO Elon Musk stating that he is “one of our very smart people, and we want to cherish those people.”

Elon Musk’s Tesla has called claims that its vehicles suffer from sudden unintended acceleration (SUA) “completely false.”

Twitter CEO Jack Dorsey reportedly asked Tesla CEO Elon Musk how he should fix the social media platform, Musk reportedly told Dorsey that “bots and troll armies” were the issue to focus on.

The National Highway Traffic Safety Administration (NHTSA) has announced plans to review a petition requesting that the administration investigate 500,000 Tesla vehicles over reports of sudden unintended acceleration, in which vehicles suddenly accelerate without human control — complainants often report their foot wasn’t even on the gas pedal when incidents occur.

According to recent reports, Tesla owners are unintentionally purchasing software upgrades for their vehicles which range from $4,000 to almost $10,000. Despite the fact that the purchases were unintentional and compared by one Tesla owner to a “butt dial,” Elon Musk’s company initially refused to refund the purchases. 

Urban Design blog Curbed published an article recently which takes issue with Elon Musk’s Boring Company tunnel, which was unveiled at the Las Vegas Consumer Electronics Show. According to the article, what was once touted as an underground transportation system has turned into a “mechanism for giving one-minute test rides in Teslas.”