FINALLY: Tesla is being investigated for securities and wire fraud for self-driving claims

Rocket Jesus is finally at the “find out” stage of his multi-decadal fuck about…

According to Reuters, the probe is looking into statements made by Tesla CEO Elon Musk in particular. For years, Musk has been promising fully autonomous Tesla vehicles are just around the corner — while also admitting that he often sets overly optimistic timelines. Meanwhile, the company’s advanced driver-assist features, Autopilot and Full Self-Driving, do not make the vehicles autonomous and require drivers to keep their hands on the steering wheel and eyes on the road.

Tesla has repeatedly pushed the boundaries of safety by allowing its customers to beta test products that may not be ready for wide release. Tesla vehicles using Autopilot have been subject to numerous recalls and involved in hundreds of crashes over the years, dozens of which have been fatal. The most recent recall, which applied to every single Tesla sold to date, has now come under a new investigation for its failure to prevent driver misuse and correct the flaws identified in the first recall.

https://www.theverge.com/2024/5/8/24151881/tesla-justice-investigation-securities-wire-fraud-self-driving

In the words of a friend:

there’s a SBF sized enron hole at tesla where the phosphor will burn through

it’s called self driving — and there a lot of dead people who can’t testify about it

Leave a comment