Tesla/Elon Musk’s words twisted in attack over material disclosure of fatal Model S...

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Yesterday, we reported on a strange article in which Fortune Magazine tried to make the case that Tesla should have disclosed the fatal Model S accident on Autopilot before raising capital through a secondary offering a few weeks after the fact. The publication claims that the accident was material to Tesla’s stock and therefore, it should have been announced when the company learned of the event and not when NHTSA decided it would launch a preliminary evaluation on June 30.

Elon Musk argued against it being material to Tesla’s valuation in an email to Fortune, but now the publication is somehow trying to use a boilerplate statement from Tesla to prove that Musk and the company previously considered the accident a material event, which is not necessarily the case. more…

Filed under: Cars, Tesla Tagged: crash, Elon Musk, fortune, Tesla, tesla accident, Tesla Autopilot, tesla autopilot crash


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Badbot

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#2
Did Fortune mag or Alan s Murray write an article claiming GM, Ford, Chrysler, also failed to report a single fatality ?
GM Ignition-Switch Review Complete: 124 Fatalities, 274 Injuries Fortune please help the killer switch victims!
Check and see how many others died in the same timeframe?
Fortune also calls Autopilot antonymous and self driving, it is NOT it is adaptive cruise control.
The fortune article fails to even remotely consider the unlawful left turn by the truck driver who said " I never even saw him ! " who should have LOOKED before he turned blocking the highway and Killing the guy !.

Another left turn across a divided highway killed James Dean. I suppose Fortune will blame that on tesla too.
 

MelindaV

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#6
what is the life expectancy of a billionaire? and do the Koch heirs hold similar political/environmental mindsets(vendettas)?
 
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#7
what is the life expectancy of a billionaire? and do the Koch heirs hold similar political/environmental mindsets(vendettas)?
Good question. If their father taught them to hate Government and disregard the environment, then I would imagine that they have instilled the same mindset in their offspring.