Tesla warns that a federal probe into whether it exaggerated the range of its cars may lead to a 'material adverse impact on our business'
fortune.com
Earlier this year, Reuters reported that Tesla had created a special “diversions team” to avoid dealing with complaints from customers about their vehicle ranges.

Tesla warns that a federal probe into whether it exaggerated the range of its cars may lead to a ‘material adverse impact on our business’::Earlier this year, Reuters reported that Tesla had created a special “diversions team” to avoid dealing with complaints from customers about their vehicle ranges. 

  • silverbax@lemmy.worldEnglish
    971·
    2 years ago

    “If we are investigated and it turns out we lied to get more sales, it could hurt our sales if we can’t continue to lie about our products.”

  • vector_zero@lemmy.worldEnglish
    662·
    2 years ago

    I get where they’re coming from.

    If there’s a probe that results in no substantial findings, it would likely still impact sales for some period of time, simply because there was a probe. In that case, Tesla’s concern is justified.

    If, however, they do find that Tesla is exaggerating their range, then I hope the lawsuit is spectacular and expensive.

    My parents have a Tesla (they bought it used), and its range is shite.

    • abhibeckert@lemmy.worldEnglish
      10·
      2 years ago

      … which is why there won’t be a probe unless there are findings first. And from the sounds of it, there are findings.

      If Tesla really did create a “special team” to deal with this issue, then that means it’s very much a real issue. Reuters is a reliable publication - they would have gathered evidence before reporting that.

    • assassin_aragorn@lemmy.worldEnglish
      1·
      2 years ago

      Just goes to show that you should not create a situation where a probe like that is justified. This is all Tesla’s own fault.

    • Toto@lemmy.worldEnglish
      133·
      2 years ago

      I think Tesla is above wild swigs in public perception. You’re likely already in a camp.

  • Hildegarde@lemmy.worldEnglish
    58·
    2 years ago

    If enforcement of federal laws does not cause a “material adverse impact” the penalty is far too low.

  • hogunner@lemmy.worldEnglish
    501·
    2 years ago

    “…But investigating my frauding will affect my ability to continue profiting off my fraud.”

    -Elon probably

  • Coreidan@lemmy.worldEnglish
    43·
    2 years ago

    Oh boo hoo!!!

    If you need to lie to your customers to make a buck you don’t deserve to be in business.

    Tesla and Elmo can both eat a dick.

  • set_secret@lemmy.worldEnglish
    6·
    2 years ago

    it’s such bullshit though claimed range 540km, actual range 400km in ideal temp conditions. thats not a small exaggeration. it’s straight up bullshit.