Profile picture
, 9 tweets, 6 min read
My Authors
Read all threads
Some highlights from the Tesla SUA lawsuit filed this week:

1. $TSLA has a long documented history of reports of Sudden Unintended Acceleration. ~70x more SUA complaints than the average automaker.
2. $TSLA tried to solve the SUA issue with Obstacle Awareness update in October 2018

The update only went to cars that had Auto Pilot II hardware installed meaning no attempt was made to solve the SUA in cars without this hardware

Update didn't even address parking situations
3. 1/2 of the SUA complaints come from cars that have Hardware 2.0 installed

Obstacle Awareness is insufficient to solve the SUA defect.
4. The vast majority of SUA events have occurred while the car is parking.

Tesla has known this is an issue but has done little to disclose, explain, fix or program safeguards to prevent the issue.
5. Tesla's Automatic Emergency Braking does not activate if the car believes that the accelerator has been pushed even if it detects an object right in front of the car

Tesla has known it has a SUA issue for years yet has not designed a fail safe to prevent or mitigate the issue
6. Tesla has repeatedly lied about its SUA problem.
Pictures of the SUA accidents for some of the plaintiffs
And more....
7. The SUA problem is in ALL Tesla Models and Model Years.

Tesla's software is designed to record an accelerator was pushed in every SUA accident

Tesla settled a prior SUA case with a software fix. Clearly that fix hasn't worked.
Missing some Tweet in this thread? You can try to force a refresh.

Keep Current with JC Oviedo

Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

More from @JCOviedo6 see all

Profile picture
JC Oviedo
@JCOviedo6
One of the 2 completed NHTSA investigations into a $TSLA Autopilot crash was the Joshua Brown crash in 2016.

nhtsa.gov/sites/nhtsa.do…
In January 2017 right at the end of the Obama administration, NHTSA issued a report declaring that there were no safety defects with Autopilot and that autopilot resulted in a 40% reduction in the Tesla vehicle crash rate.

static.nhtsa.gov/odi/inv/2016/I…
The NTSB also issued a report on this crash in September 2017 where it determined the operational design of the Tesla’s vehicle automation permitted the car driver’s overreliance on the automation (ie #predictableabuse) was a contributor to the crash.

ntsb.gov/investigations…
Read 5 tweets
Profile picture
JC Oviedo
@JCOviedo6
Fun Facts to consider after today's deposit pump:

In the Q1 2018 $TSLA Quarterly letter, Tesla claimed that it had Model 3 "net reservations" that "continued to exceed 450,000 at the end of Q1."

As of the end of Sep 2019, Tesla has delivered a total of 356,084 Model 3s.
In the Q2 2019, Earnings letter, Tesla wrote "order generation has shifted nearly entirely to non-reservation holders."

This implies that no more than 200,000 (and likely less than 150,000) of the Model 3 order backlog actually ended up purchasing a car.
The Model 3 was "unveiled" and started taking deposits on 3/31/2016.

At the unveiling event, Musk announced Tesla had 135k orders for the Model 3.

On 4/1/2016 Musk tweeted that Tesla had 180k orders for the Model 3 and then later tweeted that Tesla had 198k orders.
Read 19 tweets
Profile picture
JC Oviedo
@JCOviedo6
As we enter September (the 3rd month of Q3), $TSLA is in need of another "miracle" in order to hit its delivery guidance.
In its Q2 investor letter, Tesla wrote "We are working to increase our deliveries sequentially and annually, with some expected fluctuations from seasonality. This is consistent with our previous guidance of 360,000 to 400,000 vehicle deliveries this year."
Q2 deliveries were 95,356. Guidance therefore implies Q3 deliveries of >95,356. Sell side estimates are currently for deliveries of around 96k in Q3.

YTD Tesla has delivered 158,375 vehicles. To hit the low end of its annual guidance Tesla needs to deliver 201,625 vehicles in H2
Read 28 tweets

Embed code for your website

×
Follow Us on Twitter!

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!