No...fucking...shit...

"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."

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.

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

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

-Elon probably

Translation: "we did the thing you suspect so don't investigate pretty plz"

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.

That's the idea...

Good. Now stop lying about shit.

Cry more you little incompetent trust fund shit. (Elon, not OP)

Is it mean to say I want this company to go bankrupt?

This is an SEC filing. They are required to disclose to investors that this is going on and could impact their investment. Pretty standard stuff. They are not complaining that the feds are hurting their business or scaring people away from buying their cars - at least not in this filing. All they are saying is there’s this significant thing going on that could have an impact on the company’s value.

It would probably be smart for Tesla to settle this quickly and quietly because their range estimates are completely bonkers. Some kind of “agree to disagree on testing methods and we will pay up and do a better job” thing without this going too far. A VW diesel-gate kind of situation would be devastating to them. Elon is such a polarizing figure to begin with and there are some pretty good EV alternatives out there now. The only real killer feature they have left is the Supercharger network. Before anyone says FSD, it’s a scam and it doesn’t work.

If people find out that we lied, they will know what we lied!

Oh. Anyway...

Lying about your shit product will do that, yeah

Good.

Oh no, gosh, what a shame. Anyway....

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.

To put some numbers on it..

https://docs.google.com/spreadsheets/d/1V6ucyFGKWuSQzvI8lMzvvWJHrBS82echMVJH37kwgjE/edit#gid=866693557

I don't think anyone in the US tests EV like TeslaBjorn to make a spreadsheet about it, although I guess you could find out the EPA ranges of all those cars, convert km to miles, and get a reasonable one.. percentages would be different as WLTP is a different test (it tends to exaggerate ranges, so will be higher, although nothing like the clusterfuck that NEDC was).

Polestar must be worried too.

Yeah that's the point dipshit

Yeah. Lying does that.

Oh no, anyways...

What are you going to get in this weekend?

Still waiting for robo taxis. That's false advertising.

Poor babies

This is the best summary I could come up with:

Tesla says it has received requests for information and subpoenas from the US Department of Justice related to potential personal benefits violations, the advertised range of its vehicles and personnel decisions.

The Wall Street Journal in September reported that federal prosecutors are investigating perks provided to Chief Executive Officer Elon Musk going back as far back as 2017, including a project described as a glass house for Musk.

Earlier this year, Reuters reported that Tesla had created a special “diversions team” to avoid dealing with complaints from customers about their vehicle ranges.

The filing warned of “the possibility of a material adverse impact on our business” should the government pursue an enforcement action.

The subpoenas add to a mounting number of government probes into the electric-vehicle maker.

In September, the US Equal Employment Opportunity Commission sued Tesla alleging that it has been “tolerating widespread and ongoing racial harassment of its Black employees” at its Fremont, California, plant.

The original article contains 196 words, the summary contains 155 words. Saved 21%. I'm a bot and I'm open source!

That's the point, yes.

Feck off

“If we can’t lie about what it can do, how can we sell our product?” is an absolutely wild admission.

Oh my

tesla warns that being outed for lying about range will make people not buy their cars.