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Five@slrpnk.net to Technology@beehaw.orgEnglish · 2 years ago

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

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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

Five@slrpnk.net to Technology@beehaw.orgEnglish · 2 years ago
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Earlier this year, Reuters reported that Tesla had created a special “diversions team” to avoid dealing with complaints from customers about their vehicle ranges.
  • Tonya Canning@mstdn.social
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    2 years ago

    @MayonnaiseArch @Five This is why people argue government officials shouldn’t hold individual stocks. He is hoping there are enough people in a position to gut the investigation who own a lot of Tesla stock.

    • mPony@kbin.social
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      2 years ago

      Bingo! If accountability hurts the bottom line, then The Big Money will argue against accountability in any form.

      Big Money got a mighty voice.
      Big Money make no sound.

    • HumbleFlamingo@beehaw.org
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      2 years ago

      Hurts 401k’s too.

      • explodicle@local106.com
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        2 years ago

        Those are usually more diversified, and pay less attention to individual stocks.

      • Maeve@kbin.social
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        2 years ago

        Pester your hr to invest in less crappy (I’m loathe to say “more ethical”) businesses?

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