In an SEC filing just three days after the fatal accident. Apparently, a crash related to Tesla’s autopilot feature was material, before it wasn’t. On Tuesday, Fortune reported that Elon Musk and Tesla Motors TSLA 0.45% may have withheld a material fact from shareholders when it failed to disclose that a driver had died using […]
Read more "The Case for the SEC Investigation on Tesla"The US Securities and Exchange Commission is investigating Tesla for a possible securities-law violation, according to the Wall Street Journal. The inquiry — at its early stages — is in connection to Tesla’s failure to disclose a fatal crash involving one of the company’s Autopilot-equipped cars to investors, the newspaper said, citing a person familiar with the matter. “Tesla […]
Read more "Report: SEC is investigating Tesla for possible violation of securities law"For the third time in two weeks, a Tesla electric vehicle has crashed with the driver telling authorities that the car’s Autopilot self-driving system was engaged at the time. Also on Monday, The Wall Street Journal reported that the Securities and Exchange Commission is investigating whether Tesla violated securities law by failing to disclose more quickly a fatal accident in Florida […]
Read more "Third Tesla crashes amid report of SEC probe"Joshua Brown’s family has not ruled out the possibility of suing Tesla. The family of Joshua Brown, the Tesla enthusiast who was killed in a car crash last month, has hired a prominent personal injury law firm. Jack Landskroner, who has been hired by the family, says it hasn’t been determined whether Brown’s family may […]
Read more "Tesla Autopilot Crash Victim’s Family Has Hired a Personal Injury Lawyer"Tesla hilariously finishes dead last in mystery shoppers study, salesmen found to act like ‘museum curators’ If there’s a list Tesla is probably OK with not being at the top of, it’s ‘Best Car Salesmen’. The company boasts about its distribution and servicing model being unlike any other in the industry and the latest mystery […]
Read more "Tesla hilariously finishes dead last in mystery shoppers study, salesmen found to act like ‘museum curators’"Summary Tesla’s explanation of vertical integration benefits from a SolarCity acquisition belies a lack of understanding of what vertical integration means and its associated benefits and costs. The Tesla identified forward and backward integration benefits created from a SolarCity acquisition are murky at best and do not necessarily correspond to traditional vertical integration value levers. […]
Read more "Disproving Elon Musk’s “Vertical Integration Theory” for Tesla-SolarCity Deal"Summary Elon Musk about to reveal Tesla Master Plan 2. A large part of the first plan was not successful. Analysts are starting to lose hope for the stock. Someday there will be a book written on how just a few words on Twitter can dramatically move a stock. The lead example will most likely […]
Read more "Tesla MasterPlan 2 - A Reminder of the Past"