Tesla

The FT has done an investigation into Tesla’s balance sheet and found out that when comparing Tesla’s capital expenditure—reported at about $6.3 billion for the last six months of 2024—to the corresponding rise in the gross value of its property, plant, and equipment (which increased by roughly $4.9 billion), there appears to be a discrepancy of about $1.4 billion. The FT also notes that while differences between cash outlays and recorded asset increases can sometimes be explained by factors such as depreciation, asset disposals, or foreign currency effects, no clear accounting adjustment was provided by Tesla that would justify this gap. Not only is this anomaly a red flag but also keep in mind Tesla has already been caught red-handed trying to commit fraud in Canada recently by falsifying buying reports (ALL Toronto Tesla Dealers have moved on avg 1200 Teslas per day in the past 4 weeks according to Tesla’s tax credit filing with Canada) in order to cash out on a large lump sum of EV credits from the Canadian Gov.

In other words Tesla is looking more and more like Enron every day now

Tesla shares fell early Thursday after Commerce Secretary Howard Lutnick used a TV appearance to urge Americans to buy stock in Elon Musk's car company.

Tesla (TSLA.O) is recalling nearly all Cybertrucks in the United States to fix an exterior panel that could detach while driving, the company said on Thursday, the latest in a series of call-backs for the pickup truck.

‘At DOGEQUEST, we believe in empowering creative expressions of protest that you can execute from the comfort of your own home,’ site says

Tesla has been removed from the Vancouver Auto Show on the eve of the event, organizers announced Tuesday.

500 events, 277 showrooms, March 29th

cross-posted from: https://lemmy.zip/post/34449054

Link to the news without the paywall https://archive.ph/0dJR2

Elon, the government doesn't need DOGE. But Tesla does need DOGE because it's spending money inefficiently.

Climate group claims responsibility for splashing paint on dealership in city's west end

YouTuber Mark Rober, known for his quirky science experiments and viral videos, is facing major backlash after releasing a video titled “Can You Fool a Self-Driving Car?”—a piece many are calling misleading and deceptive.

Rober never discloses that the video seemingly doubles as a promotion for Luminar, a company struggling with a 96% stock drop over the past five years. Also, Full Self-Driving (FSD) was never used in the video.

Right off the bat, the video’s title misleads viewers. It suggests that Tesla’s FSD is under scrutiny, when in fact, Rober only tested Tesla’s basic Autopilot—a simpler feature designed as advanced cruise control, not as full autonomous driving. While Rober briefly mentions this distinction nine minutes into the video, the damage is done by then.

Tesla reported $2.3 billion of U.S. income in 2024 but paid zero federal income tax. Over the past three years, the Elon Musk-led company reports $10.8 billion of U.S. income on which its current federal tax was just $48 million.

A bit dated post, but still relevant.

Toronto is no longer providing financial incentives for Tesla (TSLA.O), opens new tab vehicles purchased as taxis or ride shares due to trade tensions with the United States, the city's mayor, Olivia Chow, said on Monday.

Tesla Autopilot drove into Wile E. Coyote-style fake road wall in the middle of the road in a camera versus lidar test.

Public Tesla dissent continues.

There’s a certain poetry to Tesla executives discovering that trade wars are, in fact, not good and easy to win. Last week, someone at Tesla sent a detailed letter to the US Trade Representative essentially begging for relief from the very policies their CEO has been championing as he destroys the traditional institutions of government. The internet has many ways to describe this kind of karmic moment — from the “Leopards Eating People’s Faces Party” to “Me Sowing/Me Reaping” to the elegantly concise “FAFO.” But perhaps the most interesting part isn’t that Tesla’s executives are learning about consequences — it’s that they’re apparently too afraid of their own boss to put their names on that learning experience.

Tesla received a permit Tuesday from the California Public Utilities Commission to operate a transportation service in the state, the beginning of a long regulatory road that could eventually lead to the company getting the OK to operate a robotaxi service there.

Protests against Elon Musk’s Tesla spread to London this week, calling for people to boycott the company. Demonstrators gathered outside the Tesla centre in Park Royal, west London, on Saturday (15 March), holding up banners that read “Honk if you hate Elon.” It followed a Just Stop Oil protest on Wednesday. Two protesters were arrested after pouring orange powdered paint over a robot at a shop in Shepherd's Bush, the Metropolitan Police said. Organisers are encouraging Tesla owners to sell their cars and for people to dump stock amid calls for a boycott over Musk's close ties with US president Donald Trump. Tesla has been a target of protests and vandalism in America in recent weeks.

A survey of over 100,000 Germans revealed that 94% won’t buy a Tesla vehicle. It doesn’t bode well for the automaker, whose sales had already been falling off a cliff in the important European market.

Police are investigating the arsons, saying that political motives could not be ruled out

cross-posted from: https://programming.dev/post/26964847

Electric car buyers don’t like right-wing politics. This means Elon Musk’s position at Tesla is very vulnerable and susceptible to economic pressure.