🚨 The Chinese Government is Furious With #Tesla: Thread
State-controlled media in China is abuzz with slamming Tesla's dangerous "Autopilot". Less than 2 months ago, Tesla was summoned by 5 regulators over quality problems. $TSLA $TSLAQ 1/9 asia.nikkei.com/Spotlight/Elec…
CCTV, China's premier state-owned national TV channel, opens with this headine on a Tesla blowing a red light and hitting motorcyclists on 3/23:
QQ, the 3rd most popular website in China, had this to say on 3/29:
"Foreign Tesla owners are involved in more than $100,000 legal proceedings for Tesla's autonomous driving" 3/9 new.qq.com/omn/20210329/2…
Sina, the 8th most popular site in China, said on 3/30:
"It’s difficult for a streaking #Tesla to achieve freedom of driving"
A Sina poll shows 77% of those surveyed distrust Tesla's statements on spying on customers or "FSD" beta testing. 4/9 finance.sina.com.cn/tech/csj/2021-…
Sohu, the 4th most popular Chinese website, said on 3/30:
"The U.S. official finally took a shot at #Tesla! When will autonomous driving 'get out of trouble'?" 5/9 sohu.com/a/457992412_54…
"#Tesla auto-assisted driving rear-end trucks! The body was almost completely damaged, the driver was only slightly injured" 6/9 news.mydrivers.com/1/748/748098.h…
CCTV came out with yet another piece on 3/30 slamming #Tesla:
"Chatted with the owner of the accident and discovered the 'sorry operation' behind Tesla"
Chinese driver pressured to accept settlement after Tesla denied liability for SUA. 7/9 auto.cctv.com/2021/03/30/ART…
Many other Chinese websites have syndicated the above condemnations.
#Tesla China VP Grace Tao went on TV on 3/30 to respond. She directly contradicted the Chinese governmental directive of quality control... 8/9 auto.sina.com.cn/zz/wb/2021-03-…
...deflected on #Tesla spontaneous combustion, and blamed driver error and wet floors for SUA/Autopilot crashes.
Sina reflects: "Behind the cold numbers given by Tesla is a disregard for living lives."
Tesla's callous disregard is now the 3rd most popular topic on Sina. 9/9
• • •
Missing some Tweet in this thread? You can try to
force a refresh
Demand for Tesla cars were driven by a combo of the uniqueness/image of EVs, Tesla building a good performance/range EV from the ground up that's not a compliance car, OTA updates, subsidies, fast charging, subsidies and Musk's image. Musk is fast destroying his image... 3/10
Parker Petit's 1-Year Sentence as a Reflection of the Legal System (a thread)
Parker Petit's frauds/crimes harmed or destroyed many lives, were to the tune of millions, and caused $35 M in losses to $MDXG shareholders. But his sentence is only 1 year in jail and a $1 M fine. 1/6
If all goes well for Petit, he might even walk out of minimum security prison after only about 4 months (prisoners are typically eligible to apply for parole after serving 1/3 of sentence). He'll walk back to his life of a multi-millionaire. 2/6 ajc.com/ajcjobs/parker…
Now, here are some federal crimes that carry a mandatory minimum of at least 1 year imprisonment:
Forgery of notary seal
Bribery of meat inspectors
Falsely entering or destroying books or accounts of common carrier
Harboring illegal aliens for gain
3/6