...Elon Musk has a history of leading on his cult worshippers with hyping up a 'promise' that he fails to deliver or deliver in time, time and time again.
...but no worries, they still believe totally in him.
...the same quality he shares with Trump. He can do no wrong to his worshipping followers. Total devotion even after he screws them over.
Investigators are exploring whether Tesla committed wire fraud, which involves deception in interstate communications,
by misleading consumers about its driver-assistance systems, the sources said.
They are also examining whether Tesla committed securities fraud by deceiving investors, two of the sources said.
The Securities and Exchange Commission is also investigating Tesla’s representations about driver-assistance systems to investors, one of the people said. The SEC declined to comment.
TSLA shares are down around 3-4% in the pre-market on the headlines...
Presumably, the Biden administration knows best exactly what level of full autonomy 'counts'; knows best what tolerance for 'death' is allowed on the streets; and knows best just what the buyers of Tesla's FSD system expected.
It appears the Biden administration also knows better than Beijing since
Chinese officials told Musk that China "welcomes Tesla to do some robotaxi tests in the country" and hopes it to "set a good example", and sources indicated that the Chinese government may have offered partial support for this FSD rollout plan.
And why go after Musk? (rhetorical question of course) - ...
because no other executive at any firm in history has ever exaggerated claims about product features.
