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TESLA and Elon Musk - anything not elsewhere

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Re: TESLA anything

#26

Post by raison de arizona »

“Remember, democracy never lasts long. It soon wastes, exhausts, and murders itself. There never was a democracy yet that did not commit suicide.” —John Adams
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Re: TESLA anything

#27

Post by RTH10260 »

Tesla, bowing to pressure, stops allowing drivers to play video games while driving
The company will send out a software update that will prevent its games from being played on center consoles while the vehicle is in motion

Associated Press
Thu 23 Dec 2021 20.46 GMT

Under pressure from US auto safety regulators, Tesla has agreed to stop allowing video games to be played on center touch screens while its vehicles are moving.

The National Highway Traffic Safety Administration says the company will send out a software update over the internet so the function called “Passenger Play” will be locked and won’t work while vehicles are in motion.

The move comes one day after the agency announced it would open a formal investigation into distracted driving concerns about Tesla’s video games, some of which could be played while cars are being driven.

An agency spokeswoman said in a statement Thursday that the change came after regulators discussed concerns about the system with Tesla.

The statement says NHTSA regularly talks about infotainment screens with all automakers. A message was left Thursday seeking comment from Tesla, which has disbanded its media relations department.

The agency says its investigation of Tesla’s feature will continue even with the update.

“The Vehicle Safety Act prohibits manufacturers from selling vehicles with defects posing unreasonable risks to safety, including technologies that distract drivers from driving safely,” NHTSA’s statement said.

The agency said it assesses how manufacturers identify and guard against distraction hazards due to misuse or intended use of screens and other convenience technology.

The agency announced Wednesday that it would formally investigate Tesla’s screens. The probe covers about 580,000 Tesla Models S, X, Y and 3 from the 2017 through 2022 model years.




https://www.theguardian.com/technology/ ... es-driving
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Re: TESLA anything

#28

Post by RTH10260 »

Watch a Tesla owner blow up his Model S with 66 pounds of dynamite instead of paying $22,000 to repair it
Dominick Reuter
Mon, December 27, 2021, 5:17 PM
  • The owner of a 2013 Tesla Model S was facing a $22,000 repair bill to fix a faulty battery.
    He teamed up with several YouTubers to strap 66 pounds of explosives to the car and blow it up.
    The resulting videos have been seen a combined 5 million times.
For the first 900 miles, Tuomas Katainen's modified 2013 Tesla Model S worked fine, he said. Then water leaks and error codes forced him to call a tow truck to take it in for repairs.

After about a month, the shop told him the faulty battery needed to be replaced, at a cost of about $22,000. In addition to the hefty fee, the work would need to be authorized by Tesla, which was apparently not very enthusiastic about prior work that had been done on the car.

Rather than shell out half the cost of a new Tesla to fix an old one, Katainen decided to do something different. He contacted some of his favorite YouTubers, including Lauri Vuohensilta of Hydraulic Press fame.

After removing the lithium-ion battery, motors, and other expensive components, the crew hauled the chassis out to an old quarry on the outskirts of Jaala, a remote village about two hours from Helsinki, Finland.


The demolition experts from the YouTube channel Pommijätkät (Bomb Dudes) strapped 66 pounds of high explosives to the car and surrounded the area with slow-motion cameras.

As they were finishing the setup, a helicopter swooped in and dropped a mannequin with the face of Tesla CEO Elon Musk, which they strapped into the driver's seat of the doomed sedan.

The crowd retreated to a blast shelter, where Katainen was given the honor of pressing the button and sending his former ride to vehicular Valhalla.

In the video, a charge can be seen racing along the detonation cord, setting off a series of blasting caps that break the windshield and loosen several body panels.

After a short pause, the 14 hotdog-shaped charges erupt into a blinding ball of fire, sending a massive shockwave rippling out from the car.

Footage from a drone flying through the cloud of shrapnel and smoke shows a gray and black smudge where the car used to be.

The videos of the explosion have a combined 5 million views.

The standard warranty on a Model S covers eight years or 150,000 miles but may be voided if the battery is opened or serviced by anyone not authorized by Tesla. The warranty does not cover "damage resulting from intentional actions," like blowing the car up for a YouTube video.


https://www.yahoo.com/news/watch-tesla- ... 12290.html
to see only the final demise of the car, go to the 6min30sec marker

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Re: TESLA anything

#29

Post by raison de arizona »

“Remember, democracy never lasts long. It soon wastes, exhausts, and murders itself. There never was a democracy yet that did not commit suicide.” —John Adams
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Re: TESLA anything

#30

Post by Suranis »

https://twitter.com/rothschildmd/status ... 4817001475
Mike Rothschild@rothschildmd
·4h
Elon Musk just finished selling off nearly 10% of his Tesla stock - a day before the company announced it was recalling more cars than it sold in the US this year due to safety issues. Not suggesting a conspiracy, just noting the timing.

BBC News (World)@BBCWorld
· 7h
Tesla to recall 475,000 cars in the US https://bbc.in/3zcoqfN
:shh:
Hic sunt dracones
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Re: TESLA anything

#31

Post by raison de arizona »

Well wow that sounds a lot like insider trading, if only we had some government entity that regulated that sort of thing... :think:
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Re: TESLA anything

#32

Post by tek »

Those had better have been preplanned trades, planned long before there was any internal discussion about any recalls...
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Re: TESLA anything

#33

Post by RTH10260 »

Elon Musk sold earlier this year already larger chunks of his shares, mainly cause of the tax man, but it was speculated for further investment into new enterprises. My guess this is part of that strategy. just bad luck in the timing.
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Re: TESLA anything

#34

Post by humblescribe »

I recall that Musk had been awarded zillions of shares through stock options that were going to expire sometime in 2022. He pulled the trigger on those options over several weeks in the fourth quarter 2021. I don't know when those options were granted, but if sometime in 2015 or 2016, the share price has skyrocketed obviously, so he needed to capture the thousands of dollars/share profit between the grant price and exercise price (remember Tesla split 5/1 in 2020) before the options expired.

Tesla traded around $850 in early October, and as high as $1,240 the first of November. Since then it has oscillated down to $1,057 as of today. I don't know if there is any reason to believe that Musk was devious in the timing of his exercising of the options and the announcement of the recall for back up cameras.

And I am no fan of Musk.
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Re: TESLA anything

#35

Post by RTH10260 »

not tesla but
Elon Musk is now the largest Twitter shareholder, setting up a showdown
His 9.2 percent stake in the company sets up a confrontation with advocates for restricting harmful accounts

By Elizabeth Dwoskin, Faiz Siddiqui and Taylor Telford
Yesterday at 8:33 a.m. EDT|Updated today at 10:45 p.m. EDT

SAN FRANCISCO — Elon Musk became the largest shareholder of Twitter on Monday, setting the platform up for a potential political showdown over its efforts to limit harmful content, efforts the firebrand Tesla chief executive has indicated that he sees hastening a turn toward censorship.

His surprise investment, which comes days after questioning the company’s commitment to free speech and suggesting he might start his own social platform, sent Twitter stock soaring. While it was not immediately clear what role Musk plans to play, analysts speculated he may try for an activist restructuring that could change the way Twitter polices its platform as well as who it banishes.

Some inside Twitter worry Musk may push Twitter in a libertarian direction, away from blocking or restricting accounts that cause social harm, according to people familiar with internal conversations who spoke on the condition of anonymity to describe sensitive matters.

Just days after Twitter banned former president Donald Trump in the wake of the Capitol insurrection, Musk wrote on Twitter that “a lot of people are going to be super unhappy with West Coast high tech as the de facto arbiter of free speech.”

Some Twitter employees and experts fear Musk’s involvement could also push the company further into chaos after years of investor activism and the sudden departure of former chief executive Jack Dorsey. The company is already at a critical juncture ahead of the 2022 midterm elections that will determine control of Congress, when it will have to police related misinformation that could help sway votes.

Musk has a 9.2 percent stake in the social media company, which was disclosed in a Securities and Exchange Commission filing and sent shares up 27 percent. His stake, worth nearly $2.9 billion based on the closing price of Twitter on Monday, now dwarfs that of Dorsey, who owns a 2.3 percent stake. Musk tweeted, “Oh hi lol,” greeting users of the social media app where he makes many of his most erratic pronouncements, including news about Tesla, where he heads the company. Musk seemed to realize the potential of his influence almost immediately. By Monday evening, he launched a Twitter poll asking users whether they would like an edit button — a longtime bone of contention among users and the app’s leadership.



https://www.washingtonpost.com/business ... ter-stake/
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Re: TESLA anything

#36

Post by Phoenix520 »

Maybe my terrible crime will be forgiven and I’ll be reinstated! :faint:
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Re: TESLA anything

#37

Post by raison de arizona »

Elon Musk dares United Autoworkers to try to unionize Tesla

Tesla CEO Elon Musk, a vocal union opponent, is now inviting the United Autoworkers to organize his company in an attempt to goad the labor union.

Musk tweeted Thursday that he's able to maintain the Tesla workforce because the company compensates and treats its employees well. Because of this, Musk claimed, he's not worried about union organizing at his company.

"I'd like hereby to invite UAW to hold a union vote at their convenience. Tesla will do nothing to stop them," he tweeted.
:snippity:
https://www.npr.org/2022/03/03/10843668 ... nize-tesla
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Re: TESLA anything

#38

Post by Lani »

I do not like this Elon person. He seems to enjoy breaking things.
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Re: TESLA anything

#39

Post by raison de arizona »

Oh look. Musk criming for profit. Color me astonished. :faint:
Elon Musk [illegally] delayed filing a form and made $156 million [really, let's not bother pointing out in headline that what he did violated securities law]
By delaying his disclosure of his stake in Twitter, Musk bought it at an artificially low price

Elon Musk was 11 days late in publicly declaring he had amassed a large stake in Twitter. That omission may have earned him $156 million, according to a half-dozen legal and securities experts.

That’s because of a 50-year-old law that requires that investors notify the Securities and Exchange Commission when they surpass a 5 percent stake in a company. Musk reached that benchmark March 14, according to the filings. But he made his public disclosure only Monday.

In between, he continued to buy stock at the price of around $39 per share, bringing his total stake to 9.2 percent. After his disclosure, Twitter’s share price rose roughly 30 percent and is now above $50 per share.

The late filing netted Musk $156 million, said David Kass, a finance professor at University of Maryland’s business school. “I really don’t know what’s going through his mind. Was he ignorant or knowledgeable that he was violating securities law?” he said. Whoever was handling the trades for Musk should have known, Kass said. [Seriously, WTF? Kass can't possibly be this dense. What was going through Musk's mind was the upside of making over $150M in profit vs. the downside of POSSIBLY having to pay a couple hundred thousand in fines.]

The disregard for securities laws — whether intentional or accidental — highlights the way billionaires and powerful individuals can skirt federal rules and even tax code to continue to build their wealth.

Musk’s windfall may come with a slap on the wrist in the form of a fine from the SEC but will probably be limited to hundreds of thousands of dollars, according to the legal and security experts.

The SEC could also argue in court that Musk needs to part with the theoretical profit, but that would be a long shot, said Adam Pritchard, a professor of securities law at University of Michigan’s law school.
:snippity:
https://www.washingtonpost.com/technolo ... itter-sec/

Oh well, what is illegally profiting $156M to Musk, pocket change? And how do I get in on it? :twisted:
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Re: TESLA anything

#40

Post by RTH10260 »

BUT... But... but... "I never knew that I had already passed the reporting limit, all my brokers just acquired bits and pieces, and it took weeks if not months to make the total count" :twisted:
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Re: TESLA anything

#41

Post by raison de arizona »

Elon Musk is sued by shareholders over delay in disclosing Twitter stake

Elon Musk was sued on Tuesday by former Twitter Inc (TWTR.N) shareholders who claim they missed out on the recent run-up in its stock price because he waited too long to disclose a 9.2% stake in the social media company.

In a proposed class action filed in Manhattan federal court, the shareholders said Musk, the chief executive of electric car company Tesla Inc (TSLA.O), made "materially false and misleading statements and omissions" by failing to reveal he had invested in Twitter by March 24 as required under federal law.
:snippity:
https://www.reuters.com/technology/elon ... 022-04-12/
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Re: TESLA anything

#42

Post by keith »

Tesla "ANYTHING", you say?

NAD 5120 or Tesla NC470
(that is not my blog)


I have owned the NAD version (with the flat "floppy" arm) from new and it still works absolutely perfectly. Speed is rock steady at 33.33 rpm (as measured by a not necessarily trustworthy android RPM app). I have used 4 different cartridges over the years and by far the best is the Rega Elys 2 which is an excellent match for the flat arm. Which is ironic because Rega had a hand in unfairly destroying the reputation of the Flat arm design in the 80's, forcing NAD to switch to the decidedly inferior tubular arm.

The old Tesla factory now builds Pro-Ject turntables.
Has everybody heard about the bird?
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Re: TESLA anything

#43

Post by raison de arizona »

Tesla shares sink, wipe out over $125 billion in value, as Musk scores Twitter deal

Taking over Twitter may be good for Elon Musk, but it hasn't been good for Tesla's shares.

One day after Twitter announced it had accepted Musk's $44 billion takeover bid, Tesla shares sank 12.2%, wiping out more than $125 billion off the electric vehicle maker's market value.

The falls come as Wall Street fretted about how the deal could impact the electric vehicle maker and its stock price.

When Musk announced he had secured the money to finance the transaction, he said he would cover $21 billion himself, with banks helping finance the other half.

What remains unclear is how he will come up with that money — whether he will sell some of the Tesla shares he owns, borrow against them, bring in additional investors, or all three.

There is also growing concern about whether owning Twitter would bring him into conflict over free speech with the government in China, a key market for Tesla where the auto maker also has significant production.
:snippity:
https://www.npr.org/2022/04/26/10948704 ... -elon-musk
“Remember, democracy never lasts long. It soon wastes, exhausts, and murders itself. There never was a democracy yet that did not commit suicide.” —John Adams
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Re: TESLA anything

#44

Post by Foggy »

Twitter is only 2.5 years older than Fogbow.

I'm willing to sell Fogbow for $44 billion. Not to Musk, but if a stinkin' knee-jerk liberal wants it ...
Out from under. :thumbsup:
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Re: TESLA anything

#45

Post by raison de arizona »

Judge rejects Elon Musk's bid to end 2018 settlement with SEC

A federal judge on Wednesday denied Elon Musk's request to scrap a 2018 settlement with the Securities and Exchange Commission that required some of his tweets to be preapproved.

Why it matters: The decision means Musk could remain barred from freely tweeting about Tesla despite reaching an agreement to buy Twitter for $44 billion.

Musk asked a federal judge in March to terminate the consent decree, which required Tesla's counsel to vet his tweets about the company after he claimed on Twitter to have "funding secured" to take Tesla private.

The settlement also required him to step down as Tesla's chair and pay a $20 million fine.

Between the lines: Musk said in court papers that he was coerced into making the deal with the SEC, claiming that he "never lied to shareholders" in his initial tweet that he had secured funding to take Tesla private.

Since asking the court to end the SEC settlement, Musk launched a campaign to takeover that resulted in him purchasing the company for $54.20 a share.

What they're saying: "Musk, by entering into the consent decree in 2018, agreed to the provision requiring the pre-approval of any such written communications that contain, or reasonably could contain, information material to Tesla or its shareholders," U.S. District Judge Lewis Linman said in the written opinion.

"He cannot now complain that this provision violates his First Amendment rights. Musk's argument that the SEC has used the consent decree to harass him and to launch investigations of his speech is likewise meritless and, in this case, particularly ironic," he added.
https://www.axios.com/elon-musk-judge-s ... b6b91.html
https://www.documentcloud.org/documents ... e3e08f293c
“Remember, democracy never lasts long. It soon wastes, exhausts, and murders itself. There never was a democracy yet that did not commit suicide.” —John Adams
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Re: TESLA anything

#46

Post by MN-Skeptic »

Tesla stock's 52-week high was 1,243.49 last fall

Tesla's high in the past month, just 23 days ago, was 1,152.87.

Today Tesla is currently trading the the range of 870.

That's a 30% drop from last fall, and a 24½% drop from just 23 days ago.

If Musk is borrowing against his Tesla stock, that's not great.
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Re: TESLA anything

#47

Post by raison de arizona »

MN-Skeptic wrote: Thu Apr 28, 2022 1:07 pm If Musk is borrowing against his Tesla stock, that's not great.
Musk is using Tesla shares as collateral for a loan for part of his offer, and it is unclear where the cash portion of his offer is coming from. It is likely that falling Tesla stock prices are going to screw up the aforementioned loan to some degree, as the loan is based on 20% of the value of the collateral.
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Re: TESLA anything

#48

Post by RTH10260 »

Tesla Uses Engineering Samples for the Modem in All the New Model S, 3, and Y Units

19 Apr 2022, 06:30 UTC ·
by Gustavo Henrique Ruffo

To defend the lousy quality control of Tesla cars, one of its advocates once wrote that the company sold prototypes, not production vehicles. While that is true regarding software – especially Autopilot and FSD – the cars should not be regarded as such. A recent discovery may give that Tesla advocate reason: the company is shipping cars with modem engineering samples.

According to GreenTheOnly – a white-hat hacker that has studied Tesla products and software for years – all units of the Model S Plaid and all Model 3s and Model Ys with AMD chips come with modem chips that read “engineering sample.” The hacker was told that this was a way to include radio equipment that has not yet passed the necessary FCC certification in production vehicles.

That opens a broad discussion if production vehicles can come with engineering samples. Apparently, the Quectel AG525R-GL modem chip was approved by the FCC in October 2020, making it legal to use production versions of the chip in Tesla vehicles. However, GreenTheOnly said that all cars he and his colleagues have checked so far come with engineering samples.

That makes it look like an attempt to solve the chip crisis that is still affecting the automotive industry. As new chips are in short supply, Tesla took the engineering samples to make sure it could deliver its cars. If that is correct, it is still up to debate whether these engineering samples are ready to stand regular use.

If they are not, we could have a similar crisis to that with the MCU in the making – only with Tesla's more recent computers, the ICEs. If you do not remember it, Tesla put an 8 GB eMMC flash memory chip in the Model S and Model X MCUs which could only last four years of use due to constant logging.

Instead of replacing only the memory chip, Tesla had to substitute the entire computer, charging customers for it when their cars were no longer under warranty. Improperly discarded MCUs also contained data from their clients. That happened until Tesla admitted the problem and was forced by NHTSA (National Highway Traffic Safety Administration) to perform a recall and refund customers that had to pay for the MCUs. We have not heard of the company properly discarding the computers so far.



https://www.autoevolution.com/news/tesl ... 86725.html
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Re: TESLA anything

#49

Post by Volkonski »

‘No Reasonable Jury Could Find That Mr. Musk Did Not Act Recklessly’: Investors Notch Victory as Judge Knocks Tesla Co-Founder in Unsealed Ruling

https://lawandcrime.com/high-profile/no ... ed-ruling/
On Aug. 7, 2018, Musk told his then-22 million Twitter followers that he had been considering taking Tesla private at $420 per share, a price tag widely perceived to be an in-joke for cannabis culture.

Musk added: “Funding secured,” an assertion that multiple federal judges later determined to have been false.

The tweet’s blast radius shook federal courts from coast to coast.

The Securities and Exchange Commission sued Musk in the Southern District of New York, ultimately obtaining a $20 million civil penalty and a consent order that would put Musk’s tweets under regulatory oversight. Musk recently lost a First Amendment challenge against that condition, which would have freed his Twitter feed from SEC scrutiny.
“If everyone fought for their own convictions there would be no war.” ― Leo Tolstoy, War and Peace
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Re: TESLA anything

#50

Post by raison de arizona »

Peas in a pod, neither can behave themselves. tfg just got kicked off, Musk has to have his tweets reviewed by the SEC.
“Remember, democracy never lasts long. It soon wastes, exhausts, and murders itself. There never was a democracy yet that did not commit suicide.” —John Adams
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