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Tag Archives: tesla

Tesla cars will play video with a future update

Tesla is planning to bring games to its electric cars' giant touchscreens, so why doesn't it have video playback while the car isn't moving -- something drivers have wanted for years? Don't worry, you'll get your wish soon. Elon Musk has responded to...

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The Morning After: Your weekend edition

Hey, good morning! Welcome to your weekend. This week included our full review of Samsung's new Galaxy Note 9, Google's opaque location tracking and just a lot of bad news for MoviePass. Elon Musk also talked about his tough year heading up Tesla an...

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Tesla lost nearly $8 billion in shareholder value this week and its board should be ashamed

Over the last five days, Tesla shareholders have watched the value of their stock decline by roughly 16% and seen nearly $8 billion in value erased, as the company’s celebrity chief executive, Elon Musk, has what amounts to a very public breakdown. However, Musk is not the only person responsible for the collapse of Tesla’s stock price. As  The New York Times  article which precipitated the latest slide in Tesla’s value on the public markets makes clear, the company’s board is also to blame . For months, Musk has been showing signs of strain (generously speaking), and has been accused of making questionable decisions to drive growth and stifle criticism or dissent at the revolutionary electric vehicle company he founded. During that time, as Shira Ovide notes in her piece from Bloomberg, Tesla’s board (primarily composed of Musk’s friends, relatives, and initial investors) took no public steps to control or manage the situation. Some Tesla board members are reportedly concerned about Elon Musk's workload and his use of Ambien. If so, here's a solution for directors: Do your jobs. https://t.co/fQaENm9tS7 — Shira Ovide (@ShiraOvide) August 17, 2018 Privately and on background the board (or certain members) expressed concern over Musk’s recent behavior, drug use (both medicinal and recreational) and Twitter habits. Those concerns should have been aired at the board level and the company’s directors should have exercised their ability to manage the mercurial Musk as his public actions became increasingly unmoored. Something could have happened after the disastrous earnings call with analysts . It could have happened around the time of the strange active shooter allegations that were made against a Tesla whistleblower

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Elon Musk says ‘the worst is over’ for Tesla

Elon Musk said he's had an "excruciating" year so far, often working 120-hour weeks to get Tesla Model 3 production on track, according to a New York Times interview. He also described the sequence of events that led to his infamous "taking Tesla pri...

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New whistleblower claims against Tesla allege drug trafficking, theft and phone hacking coverup

This post has been updated with a comment from Tesla and to indicate that a single employee was allegedly involved in the drug trafficking ring.  Employees at Tesla’s Nevada gigafactory were allegedly involved in a massive drug ring, stole $37 million worth of precious metals and equipment and illegally spied on former employees at the behest of chief executive Elon Musk, according to a new whistleblower complaint filed against the company. First reported by Jalopnik , the complaint is only the latest in a string of damaging news stories that have erased millions in value for Tesla shareholders and could cast the future of the company’s celebrity chief executive, Elon Musk, into doubt. It’s also the second whistleblower claim filed against the company this summer. Ex-Tesla worker makes it official and blows the whistle to SEC This time the whistleblower is Karl Hansen, a former member of Tesla’s internal security department and investigations division. The complaint from Hansen, a former special agent, member of the US Army’s Criminal Investigation Command, and senior investigator for the Federal Maritime Commission, reads like a weird mashup of Sons of Anarchy, Silicon Valley and Scandal. Hansen claims that Tesla failed to disclose a recent internal investigation the company made into a tip it received from the U.S. Drug Enforcement Agency and Storey County Sheriff’s Office that one of its gigafactory employees were part of “a narcotics trafficking ring involving the sale of significant quantities of cocaine and possibly crystal methamphetamine at the Gigafactory on behalf of a Mexican drug cartel from Sonora Mexico.” According to a statement from Hansen’s legal counsel (Meissner Associates — the firm also representing Tesla’s other whistleblower, Martin Tripp), Hansen claims that he corroborated connections between the named employees and alleged members of the Mexican drug cartel, but Tesla refused to investigate the matter further and said it would hire “outside vendors” to follow up. Hansen says the company never did. For its part, the Drug Enforcement Agency issued a statement to BuzzFeed  saying that it would not inform any “non-law enforcement entities” of ongoing or pending investigations. Drug smuggling may not be the wildest allegation in Hansen’s complaint. According to the summary from Meissner, Hansen also claims that Tesla installed eavesdropping and wiretapping equipment at its facilities and was illegally listening to conversations and scanning messages from Tripp at the behest of the company’s chief executive, Elon Musk

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Tesla whistleblower tweets photos of allegedly damaged batteries

Martin Tripp, the former Tesla employee who was fired from Tesla and then  sued by the company, has tweeted a number of photos that allegedly show damaged batteries and flawed practices at Tesla’s battery factory, CNBC first reported . In an attempt to corroborate some of his claims, Tripp has posted photos of vehicle identification numbers that he says were delivered with faulty, punctured battery cells. “As we’ve said before, these claims are false and Mr. Tripp does not even have personal knowledge about the safety claims that he is making,” a Tesla spokesperson told TechCrunch via email. “No punctured cells have ever been used in any Model 3 vehicles in any way, and all VINs that have been identified have safe batteries. Notably, there have been zero battery safety issues in any Model 3.” Here's what many of your M3 modules look like before and after, because they are generally reworked! Aren't they beautiful? pic.twitter.com/QyoM0K2ozf — Martin Tripp (@trippedover) August 15, 2018 Are any of these VIN's YOUR car? If so, you have a module(s) that IS punctured/dented/damaged. #TSLA #TSLAQ @elonmusk (Subsidy Fraud-Boy) pic.twitter.com/pOZWDeeXcO — Martin Tripp (@trippedover) August 15, 2018 In one tweet, Tripp shows what he alleges is proof that Tesla stores waste and scraps in open parking lots and trucks at the Gigafactory, instead of properly storing them in temperature-controlled warehouses. Hmmm.. #TSLA commented several times that all their scrap/waste is being stored in climate controlled warehouses…could this be true?! Let these pics speak for themselves: HUNDREDS of trailers at the new parking lot at GF1… pic.twitter.com/4Agz80j5Ow — Martin Tripp (@trippedover) August 15, 2018 Tesla sued Tripp in June for $1 million alleging he leaked information with the intent to sabotage Tesla and its CEO, Elon Musk. Tripp then filed a formal whistleblower tip to the U.S

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