Tesla: the savior of our environment — or just a giant scam?

In this episode, we talk about a different kind of alternative technology; not software, but electric cars, and specifically, #Tesla. The red flags abound with this company, and we take a look at what this company actually puts out there vs. what it has promised to deliver in its countless product ‘launches’. 

First odd thing you’ll notice is how there are a lot of promises, but few of them are fulfilled. It’s useful to look at the various product announcements — for instance, the Tesla Semi, the Roadster, the model Y, the Cybertruck. Also, let’s not forget the solar tiles! Looking beyond the cars, what happened to Tesla’s Solar panels? These are still being cross-sold to you when buying (ahem, reserving) a car online. 

Why so many new launches? To keep the hype up, generate reservations, boost the stock price which in turn boosts Musk’s remuneration that is tied to stock options. It’s a downward spiral of fraud, and fraud begets more fraud. 

So how do they get away with it? Musk is the poster boy for the green business, a beacon of sound success for many. Legislators and authorities have been very lenient regarding his missteps, to say the least. In august of 2018, Musk tweeted that he might take the company private — had the funding secured.

This is an incredibly flagrant breach of securities law, and Musk got off with a tiny slap on his hands. Martha Stewart went to prison, for way less. A lot of people in positions of authority, clearly do not want to see Musk fail or brought to justice.

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