Tag: petitions

By on January 21, 2020

Following confirmation from the National Highway Traffic Safety Administration (NHTSA) that it will look into a petition calling on the agency to formally investigate 500,000 Tesla vehicles over reports of unintended acceleration, the automaker took to the internet to defend itself.

On Monday, Tesla issued a blog post to say the allegations against it are wrong. It believes claims of unintended acceleration are erroneous, pushed by someone hoping to scoop up Tesla shares at a lower price so they can be swiftly flipped.

The short-seller defense is a popular one with CEO Elon Musk. He’s previously called short sellers “value destroyers,” repeatedly suggesting that the practice should be made illegal. But it’s also in his interest to keep Tesla’s stock ludicrously high, which it is. Despite being several times smaller than either General Motors or Ford, Tesla’s market worth has surpassed their combined value.  (Read More…)

By on November 17, 2014

tesla-store-opening-in-westfield-mall-london-oct-2013_100444200_l

Tesla’s ongoing battle to directly sell its wares to the public has come to Georgia, where the automaker is asking for a dismissal of a petition by the state’s dealer association seeking to ban Tesla from conducting such sales.

(Read More…)

By on August 11, 2014

uber fashion shoot 01

The Republican Party — both halves, presumably — are doing for Uber what they’ve done with Tesla by throwing its support for the way the ridesharing service is disrupting the status quo of ferrying passengers to and fro.

(Read More…)

By on April 21, 2014

volkswagen-chattanooga-solar-park-08

The Huffington Post reports the United Auto Workers has withdrawn its petition with the National Labor Resources Board challenging the results of the February 2014 election regarding organization of the workforce at Volkswagen’s plant in Chattanooga, Tenn.

(Read More…)

By on April 1, 2014

Tesla Model X Concept

Should Tesla and the Alliance of Automobile Manufacturers — including General Motors, Toyota and Volkswagen — be successful in their petition with the National Highway Traffic Safety Administration, new cars could soon have cameras instead of side mirrors.

(Read More…)

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