Category: Law and Order

By on October 1, 2018

Saying the Tesla Model 3’s interior is polarizing would be a massive understatement. While some absolutely love the minimalist design and singular, tablet-like interface, others criticize it for being too barren to be considered interesting. The vehicle also saw some blowback over its centrally mounted 15-inch display, which, for several reasons, can serve as a potential distraction to drivers.

In fact, it’s so big that one Washington resident found himself pulled over by a motorcycle cop for having what was presumed to be a computer attached to his dashboard.  Read More >

By on September 28, 2018

Elon Musk

Yesterday’s end-of-day fraud lawsuit filed against Tesla CEO Elon Musk by the Securities and Exchange Commission needn’t have happened, CNBC reports. The CEO and founder turned down a settlement deal that would have seen him pay a “nominal” fine and remove himself as chairman, sources claim. Instead, Musk did what he does best. He went his own way, greatly increasing risk both to himself and his company.

Still, Tesla’s board stands by its man, releasing a statement late Thursday to this effect. According to Bob Lutz, outspoken industry titan, the board should have told Musk to hit the bricks. Read More >

By on September 27, 2018

Elon Musk + Tesla Model S Circa 2011

Documents filed in a Manhattan federal court Thursday reveal the U.S. Securities and Exchange Commission is suing Tesla CEO Elon Musk for fraud. The SEC opened an investigation into Musk after the CEO fatefully tweeted his intent to take the company private. “Funding secured,” Musk wrote in the August 7th tweet.

The go-private plan quickly fell apart. In the lawsuit, published by Bloomberg, the SEC accuses Musk of fabricating the claim made to 22 million social media followers, many of them investors. Read More >

By on September 24, 2018

Image: GM

To this author’s ears, it’s a noise that seems to herald the arrival of the spaceships coming to take all of the world’s children to a new home in the sun. Chevrolet claims it’s supposed to feel more natural and less intrusive. Whatever your take, the new low-speed warning noise is a necessary addition to the 2019 Volt — looming federal guidelines demand it.

Expect to hear a different kind of tonal landscape once electric vehicles and plug-in hybrids make up a larger portion of the teeming vehicle masses. Hear for yourself:  Read More >

By on September 21, 2018

Four years after launching a massive, incredibly delayed recall aimed at preventing further deaths from its faulty ignition switches, General Motors freed itself from a criminal case launched in the scandal’s wake.

Earlier this week, federal prosecutors in New York wrote U.S. District Judge Alison Nathan, compelling him to dismiss the case. Nathan approved the request, lifting GM free of the caudron. The rationale for dismissing the two criminal charges — concealing evidence from federal officials and wire fraud — comes down to good behavior on GM’s part, something that certainly doesn’t describe its past actions. Read More >

By on September 18, 2018

Elon Musk

What a week it’s shaping up to be for Tesla CEO Elon Musk. Interestingly, if this latest report proves true, we can pin the blame for all of Musk’s misfortune over the past 24 hours on the presence of social media, and his tendency to overuse it.

According to Bloomberg, the U.S. Justice Department has opened a fraud investigation into Musk’s infamous “funding secured” tweet — the online message that kicked off a strange journey that ultimately went nowhere. Read More >

By on September 18, 2018

Image: JRE/YouTube

A Silicon Valley resident had a big day yesterday. After finally revealing the real, live, human being he plans to stuff on top of a rocket for a journey around the moon, this same resident also received notice of a lawsuit filed against him. Big, big day.

What’s amazing about Vernon Unsworth’s libel suit is how completely avoidable it was. However, as we’re dealing with the mind of Tesla CEO Elon Musk here, the suit — which accuses Musk of libel, assault, and slander — seemed from the outset to be unavoidable. This is a man who goaded the litigant to sue even after apologizing for calling a man he’s never met a “pedo” on Twitter. Musk then forgot all about the apologies and doubled down on the unsubstantiated claim, even as Unsworth secured legal representation.

And why? Unsworth helped rescue a Thai soccer team from a flooded cave but had the nerve to criticise Musk’s homemade submarine, which rescuers never employed in the cave extraction. It’s enough to make one believe that only a certain type of personality makes it big in Silicon Valley. Read More >

By on September 11, 2018

Image: Mahindra & Mahindra

A decade-old document signed by Indian automaker Mahindra & Mahindra and Chrysler Group LLC will be at the center of an investigation by the U.S. International Trade Commission.

Announced Tuesday and reported by Reuters, the feds will look into the patent dispute that erupted when Mahindra began importing the very Jeep-like Roxor all-terrain vehicle into the United States. FCA claimed the Roxor looks too much like the classic Jeep CJ line, predecessor to the Wrangler, and filed an intellectual property complaint to the ITC. Nuh uh — we had a deal, Mahindra responded. Read More >

By on September 10, 2018

The financial chicanery of a few automotive dealerships continues apace, with a group of Nissan and Hyundai stores finding themselves in several million dollars’ worth of hot water.

Reps for the captive finance arms of those two brands allege that five dealerships owned by auto retail veteran Michael Saporito and former NFL linebackers Jessie Armstead and Antonio Pierce sold nearly $10.5 million worth of vehicles out of trust. Nearly a hundred machines are allegedly missing, as well.

Read More >

By on August 29, 2018

Elon Musk

Tesla CEO Elon Musk, the executive with a “Don’t Hold Back” sticker placed atop every one of his phone and computer screens, didn’t need to poke the bear last night. It seems there’s already a libel suit being loaded into the chamber, ready to fire in his direction.

In a Twitter exchange he could easily have avoided by tidying up around the house, preparing a wholesome snack, getting this owner the repairs he’s been waiting six months for, or perhaps reading one of Lee Iacocca or Bob Lutz’s books, Musk suggested, once again, that a British diver he’s already apologized to is a pedophile, again without offering evidence.

Asking why Vernon Unsworth hasn’t filed a lawsuit against him, Musk then practically dared the cave rescuer to sue. He’ll probably get his wish, especially after last night’s antics. Read More >

By on August 29, 2018

Mahindra ROXOR

There’s an Indo-Italian-American battle heating up in Michigan. Mahindra and Mahindra, maker of the absolutely adorable, U.S.-built Roxor ATV, is fighting back against Fiat Chrysler’s efforts to squash the little all-terrain vehicle’s future in this country.

FCA’s beef is this: the generously proportioned ATV, which is not road legal here (but is in India), bears a striking resemblance to a classic Jeep CJ7. At the beginning of the month, the automaker filed a complaint with the U.S. International Trade Commission in an bid to stop the importation of Roxor parts to the company’s Michigan factory.

Not gonna happen, Mahindra says. You saw our grille and you gave it the thumbs up. Read More >

By on August 18, 2018

After deliberating eight hours, a Texas jury ordered Toyota to pay $242.1 million to compensate a Dallas family involved in a 2016 rear-end collision that seriously injured two children.

The children, aged 3 and 5, were rear-seat occupants in a 2002 Lexus ES300 driven by parents Benjamin and Kristi Reavis on Dallas’ North Central Expressway. While stopped in traffic, a Honda Pilot collided with the rear of the car at a high rate of speed, causing the front seatbacks to collapse. Read More >

By on August 18, 2018

Herbert Diess Jetta 2017

Unsealed documents from a German prosecutor’s office shed light on current Volkswagen CEO Herbert Diess’ knowledge of the costly diesel emissions scandal. Back in late July, 2015, Diess, having just taken the helm of the VW brand after arriving from BMW, sat in on a fateful meeting, German magazine Der Spiegel reports.

It seems that, for the executives at that table, the key to avoiding prosecution depends on how dumb they can claim to be. Read More >

By on August 15, 2018

Tesla Model 3

While the U.S. and now Canada enjoy carrying out international diplomacy via tweet, the business world lays out a few ground rules. If you’re the head of a multi-billion dollar publicly traded company, maybe it’s best to not announce your intention to take the company private — while stating there’s funding on hand to pull it off — in a tweetstorm, especially if there aren’t details to back it up. Dry, boring, but concise media releases or regulatory filings alerting shareholders usually do the trick.

After looking into Tesla’s going-private plan, announced August 7th by CEO Elon Musk over Twitter, the U.S. Securities and Exchange Commission now wants hard answers. While it might be willing to overlook the tweet (Musk, a prolific tweeter, previously told investors that announcements could happen this way), the SEC wants Musk to back up his “funding secured” claim. What person, persons, or entity made this deal possible?

Maybe a round of subpoenas will clear things up. Read More >

By on August 13, 2018

The Reagor Dykes Auto Group was formed in 2006 after Bart Reagor, shown above, teamed up with a business partner to create a company that now eclipses half a billion dollars in annual sales. This is accomplished through a myriad of manufacturer franchises ranging from Ford to Chevy to Toyota, not to mention its dozen or so rooftops dealing solely in used cars.

Now, the company is facing allegations of major financial chicanery. In court documents filed last week, Ford Motor Company accuses Reagor Dykes of running one of the “largest floor-plan financing frauds in the history of the United States.”

Read More >

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