Dave Lee on Investing

Tesla’s Safety Reputation Under Attack by TSLA Short Sellers


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1/20/20 update: Great news, Tesla has posted the following blog post, https://www.tesla.com/blog/no-unintended-acceleration-tesla-vehicles
Last week news broke that NHTSA (National Highway Traffic Safety Administration) is looking into a complaints of Tesla cars suddenly accelerating by themselves. In this video, I’m going to take a deeper look into this and share how we can process this.
CNBS shares that someone named Brian Sparks submitted a petition to NTSHA of a collection of 127 complaints of unintended acceleration by Tesla cars. CNBC notes that Brian Sparks is an individual investor who is currently shorting Tesla stock. In other words, he profits when TSLA stock goes down.
NHTSA should require everyone who petitions to declare if they’re short TSLA stock or options, or if they’ve been compensated in any way for this petition.
Important article links on why Tesla cars don't have a sudden unintended acceleration problem:
https://teslamotorsclub.com/tmc/posts/3448407/
https://teslaweekly.com/why-drivers-are-to-blame-for-all-sudden-unintended-acceleration-accidents-in-a-tesla/
https://www.cnbc.com/2020/01/17/nhtsa-evaluating-tesla-driver-complaints-of-unintended-acceleration.html
https://www.consumerreports.org/hybrids-evs/nhtsa-reviewing-tesla-sudden-unintended-acceleration-claims/
Some quotes from Jason Hughes, Tesla hacker:
“I’ve pulled logs from at least two cars that, when looking back at news and posts, claimed unintended acceleration. The logs in both cases clearly showed the driver applying the accelerator pedal at the time of the accident. “
“Every case of “sudden unintended acceleration” with a Tesla is driver error. Period. There is no way for the vehicle to accelerate on its own like people claim. It’s also always pedal misapplication, too, where the driver presses the accelerator when they should be braking. Almost always cases where the car is slowing to a stop, then “suddenly” accelerates (because the driver hit the accelerator instead of the brake at the time they would be hitting the brake to stop the car).”
“The vehicle logs the outputs of both hall effect sensors in the accelerator pedal independently. They both must match their respective output curves during a go-pedal press in order for the car to respond to a request for acceleration. If anything is off, the car doesn’t move. If one sensor goes out, the car will operate in limp mode with drastically reduced torque.  Suffice it to say, there quite literally is no way for a Tesla Model S/X/3 to do what people claim without the driver pressing the accelerator pedal.”
Please share this video with others on Reddit, Facebook groups, and forums.
Check out my archived articles/posts on Tesla: https://teslamotorsclub.com/tmc/threads/articles-megaposts-by-davet.23473/#post-485768
Disclaimer: All content on this channel is for informational and educational purposes only and should not be construed as professional financial advice. Should you need such advice, consult a licensed financial or tax advisor. No guarantee is given regarding the accuracy of information on this channel.
Tags: Tesla, Elon Musk, Model 3, Model Y, Cybertruck, Investing, China, TSLA Shorts

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