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Tesla Denies Unintended Acceleration Charge
Posted by: MrNoBody
Date: January 21, 2020 04:05PM
Seems this latest news isn't hurting their stock price! newt's post

Tesla Denies Unintended Acceleration Charge; Blames Short Seller
01/21/2020
Quote
Forbes: Greg Gardner, Senior Contributor
Tesla denied allegations that some of its cars have experienced unintended
acceleration and blamed a “short seller” for promoting the charges in order to
manipulate Tesla’s stock price.

In a company blog post on Monday, the electric vehicle manufacturer said, “We
investigate every single incident where the driver alleges to us that their vehicle
accelerated contrary to their input, and in every case where we had the vehicle's
data, we confirmed that the car operated as designed.”

A petition filed recently with the National Highway Traffic Safety Administration
cited 127 incidents reported by Tesla owners in which their cars accelerated,
they claimed, without cause.

The safety agency is looking at the reports to determined whether it will conduct
a formal investigation. The petition alleged that the issue was a factor in 110
accidents and 52 injuries between 2012 and 2019.
Forbes



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Re: Tesla Denies Unintended Acceleration Charge
Posted by: Carnos Jax
Date: January 21, 2020 04:29PM
The person who filed the petition is a major short seller. He doesn't even own a Tesla.

The individual incidents listed in the petition were already reported to the NHTSA....they were all shown to be driver error.

Teslas have fewer instances of 'unintended accelerations' than the industry average.

Funny that @ssholes like this can get away with overt attempts to manipulate stock prices.



Edited 1 time(s). Last edit at 01/21/2020 04:37PM by Carnos Jax.
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Re: Tesla Denies Unintended Acceleration Charge
Posted by: davester
Date: January 21, 2020 04:48PM
Weren't short sellers also a problem for Apple back in the day? How often does this problem come up? I agree that short sellers who sow propaganda to influence stock prices should be treated just like insider traders are...sent to jail.



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Re: Tesla Denies Unintended Acceleration Charge
Posted by: Carnos Jax
Date: January 21, 2020 04:57PM
Yes they were a problem for Apple. In fact, in terms of dollar amounts, Apple I believe is the most shorted stock in history. However, in terms of percentage of shares or market capitalization, Tesla would take that title.
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Re: Tesla Denies Unintended Acceleration Charge
Posted by: Paul F.
Date: January 21, 2020 05:24PM
Sounds like a desperate short seller, who is seeing an approaching "call" of his position and is about to become a bankrupt former short seller in a lot more debt than he can cover.



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Re: Tesla Denies Unintended Acceleration Charge
Posted by: pRICE cUBE
Date: January 21, 2020 07:34PM
It happened to Toyota so why couldn't it happen to another manufacturer?



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Re: Tesla Denies Unintended Acceleration Charge
Posted by: mikebw
Date: January 21, 2020 07:44PM
Quote
pRICE cUBE
It happened to Toyota so why couldn't it happen to another manufacturer?

I thought it all turned out to be from pedals sticking to floor mats, which is why they now have extra floor mat anchors on the driver side.
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Re: Tesla Denies Unintended Acceleration Charge
Posted by: Carnos Jax
Date: January 21, 2020 07:56PM
Quote
mikebw
Quote
pRICE cUBE
It happened to Toyota so why couldn't it happen to another manufacturer?

I thought it all turned out to be from pedals sticking to floor mats, which is why they now have extra floor mat anchors on the driver side.

Plus, Tesla already proved these incidents were driver error. In addition these types of incidents happen less frequently in Tesla’s than on average. Therefore this is nothing but a phallic move by a short seller trying to save his butt. Why should it get any attention at all?
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Re: Tesla Denies Unintended Acceleration Charge
Posted by: pRICE cUBE
Date: January 21, 2020 08:04PM
Quote
mikebw
Quote
pRICE cUBE
It happened to Toyota so why couldn't it happen to another manufacturer?

I thought it all turned out to be from pedals sticking to floor mats, which is why they now have extra floor mat anchors on the driver side.

From wikipedia:
The 2009–11 Toyota vehicle recalls involved three separate but related recalls of automobiles by Toyota Motor Corporation, which occurred at the end of 2009 and start of 2010. Toyota initiated the recalls, the first two with the assistance of the U.S. National Highway Traffic Safety Administration (NHTSA), after reports that several vehicles experienced unintended acceleration. The first recall, on November 2, 2009, was to correct a possible incursion of an incorrect or out-of-place front driver's side floor mat into the foot pedal well, which can cause pedal entrapment. The second recall, on January 21, 2010, was begun after some crashes were shown not to have been caused by floor mat incursion. This latter defect was identified as a possible mechanical sticking of the accelerator pedal causing unintended acceleration, referred to as Sticking Accelerator Pedal by Toyota. The original action was initiated by Toyota in their Defect Information Report, dated October 5, 2009, amended January 27, 2010.[1] Following the floor mat and accelerator pedal recalls, Toyota also issued a separate recall for hybrid anti-lock brake software in February 2010.[2]



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Re: Tesla Denies Unintended Acceleration Charge
Posted by: RAMd®d
Date: January 22, 2020 03:25AM
It happened to Toyota so why couldn't it happen to another manufacturer?


The question isn't so much 'why couldn't it...', but more so 'did it...'

Tesla had telemetry that's pretty amazing, though maybe not if you're familiar with rocket science.

Are there any documented cases of Teslas exhibiting 'unintended accelerations'? By that I mean a malfunction of Tesla hardware or software unrelated to driver input (and floor mats)/

I think Audi and Jeep had a spade this. Were any of them documented as being the fault of the vehicle and not the driver (not including floor mats).

I'm sure it can actually happen, but I'm aware of some similar claims that turned out be be major pilot error, hitting the 'gas' instead of the brake, then blaming the car.





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Re: Tesla Denies Unintended Acceleration Charge
Posted by: Ken Sp.
Date: January 22, 2020 08:49AM
Tesla has software, added over a year ago on all AutoPilot cars, even older ones as a software update.
There is also a warning, and prevention, if two pedals are pressed at the same time.
[cleantechnica.com]
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