It’s deja vu. Jim Chanos just used the V-word. CNBC reported this morning that the famed short-seller, who was early in spotting problems at energy disaster Enron, says Tesla Motors TSLA 0.92% reminds him a lot of certain troubled drug company: Valeant Pharmaceuticals VRX 1.13% . Tesla, Chanos noted, has seen eight executives leave the […]Read more "Here’s the Thing About Tesla That Most Reminds Jim Chanos of Valeant"
Summary Yet another story broke yesterday of an executive leaving Tesla to go to Facebook. This caps off a year where nearly 10 major executives have left Tesla. In a previous article we speculated that something could be fishy. Today we ask again, “Why do executives keep leaving Tesla?”. There is a reason that Jim […]Read more "Tesla: Executive Exodus Red Flags"
The nation’s top auto safety regulator said on Wednesday that it had begun an investigation of a second crash involving a Tesla Motors car equipped with Autopilot technology, a system designed to let vehicles drive themselves for brief periods. In the nonfatal crash, a Tesla sport utility vehicle rolled over last Friday on the Pennsylvania Turnpike […]Read more "U.S. Safety Agency Investigates Another Tesla Crash Involving Autopilot"
Joshua Brown fatally crashed into a tractor trailer turning in front of his Tesla Model S on autopilot almost exactly two months ago, but we only found out about it on Thursday evening. That’s when Tesla first told the public about the crash, nearly two months after they sold $2 billion in stock. What’s surprising, […]Read more "Tesla Did Not Disclose Autopilot Death Before $2 Billion Stock Sale"
Last week, news broke of the first fatal car crash involving a Tesla running in autopilot mode. But while the world only just learned about the accident, which killed a 40-year-old man in Florida, the accident itself occurred in May — a potentially material piece of information, first noted by Fortune’s Carol Loomis, that Tesla […]Read more "Elon Musk’s Goes Defensive on Twitter"