So what has happened with Tesla lately? The historic source of most of their profits, government-mandated ZEV credits is coming to an end soon. The other major driver of their profits, the poorly conceived self-driving software is getting investigated by the NHTSA. It’s looking like crashes which involved the software were switching off a second prior to impact. This would allow Tesla to say with a straight face that AutoPilot was not engaged and it was driver error. Of course, that wouldn’t be true in spirit.
A recall on the Full Self Driving software would be financially devastating to Tesla. They wouldn’t be able to sell this software until the problems were fixed. Would past sales have to be refunded?
So what does Tesla do? A stock split! The basic idea is to pull in dumb retail investors to prop up the stock price as institutional investors start to head for the exits.
A recall on the Full Self Driving software would be financially devastating to Tesla. They wouldn’t be able to sell this software until the problems were fixed. Would past sales have to be refunded?
So what does Tesla do? A stock split! The basic idea is to pull in dumb retail investors to prop up the stock price as institutional investors start to head for the exits.
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