475000 Tesla Cars Recalled After Musk Ditches Shares

Discussion in 'Science and the Universe' started by RJM Corbet, Jan 8, 2022.

  1. RJM Corbet

    RJM Corbet God Feeds the Ravens Admin

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    From Private Eye Magazine 7th Jan 2022
    Worth a Google?

    upload_2022-1-8_16-40-42.png
     
  2. Phyllis Sidhe_Uaine

    Phyllis Sidhe_Uaine Junior Moderator, Intro Moderator

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    I wonder what the safety problem is and whether I need to practice my evasion tactics to avoid major injuries.

    I'm sick and tired of that BS/MS/PhD!

    Phyllis Sidhe_Uaine
     
  3. wil

    wil UNeyeR1 Moderator

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    Automation and do you crash into the train, the mom pushing the carriage, the deer crossing the road, or run the car and driver off the cliff.

    Auto driving has to solve all the unsolvable what if questions I hate! But they need to be solved....as human drivers kill way too many people with their incompetence
    Tesla will do better...

    Musk n Bezos on the other hand...
     
    Last edited by a moderator: Jan 8, 2022
  4. RJM Corbet

    RJM Corbet God Feeds the Ravens Admin

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    They don't seem to be serious functional safety issues. However Elon was quick enough to understand the share value will drop, and he needs the cash for his other stuff; his life's too short to wait around for the share price to recover so ... calculated move ... lol?


    https://www.bbc.co.uk/news/technology-59818800

    Tesla is to recall more than 475,000 cars in the US, according to documents filed with the US safety regulator.

    The electric vehicle firm announced it was recalling 356,309 vehicles because of potential rear-view camera issues affecting 2017-2020 Model 3 Teslas.

    A further 119,009 Model S vehicles will also be recalled because of potential problems with the front trunk, or boot.

    The total recall figure is almost equivalent to the 500,000 cars Tesla delivered last year ...
     
  5. RJM Corbet

    RJM Corbet God Feeds the Ravens Admin

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    It's gotta come close to insider trading, but I'm sure he's good good legal advice, lol ...

    Elon Musk sells another $1 billion in Tesla shares, nearing 10% target


    • Tesla and SpaceX CEO Elon Musk has sold another 934,090 shares, or about $1.02 billion worth of his holdings, in his electric car company according to financial filings published late Tuesday.
    • Since Nov. 8, Musk has been on a selling spree. The Tesla CEO has said he is partly selling shares to pay a massive tax bill that he anticipates will amount to at least $11 billion.
    • Musk also exercised options to buy nearly 1.6 million Tesla shares at a strike price of $6.24 per share, granted to him via a 2012 compensation package.
     
  6. wil

    wil UNeyeR1 Moderator

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    It is his responsibility to insure the company stays afloat...his shareholders have invested in it.
     
  7. Namaste Jesus

    Namaste Jesus Praise the Lord and Enjoy the Chai Moderator

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    I think I'm about ready for an EV. Won't be a Tesla, can't afford that, but maybe a secondhand Leaf or eGolf.
     
    RJM Corbet likes this.

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