Tesla recalls 475000 cars

[RJM Corbet]

From Private Eye Jan 7th 2022
Worth a Google?

 

[Pyan]

Yep, substantiated by the Beeb:

Tesla to recall 475,000 cars in the US

 

[RJM Corbet]

Thanks @Pyan:

They don't seem to be serious functional safety issues. However Elon was quick enough to understand the share value will drop, and he needs the cash for his other stuff; his life's too short to wait around for the share price to recover so he ditched ... calculated move ... lol?

But it's gotta come close to insider trading? I'm sure his legal advice is good

 

[Alex The G and T]

A rather alarming headline for something as trivial as a rear-view camera.

Alarming in that the first thing to come to mind are the batteries, known for spontaneous combustion and explosions.

 

[RJM Corbet]

Elon Musk sells another $1 billion in Tesla shares, nearing 10% target

Tesla and SpaceX CEO Elon Musk has sold another 934,090 shares, or about $1.02 billion worth of his holdings, in his electric car company according to financial filings published late Tuesday.

Since Nov. 8, Musk has been on a selling spree. The Tesla CEO has said he is partly selling shares to pay a massive tax bill that he anticipates will amount to at least $11 billion.

Musk also exercised options to buy nearly 1.6 million Tesla shares at a strike price of $6.24 per share, granted to him via a 2012 compensation package ...

 

[Aknot]

A rather alarming headline for something as trivial as a rear-view camera.

Agreed. I thought I had missed a massive issue with the cars/company.