Tesla Bear Gordon Johnson Accuses NHTSA Of Being 'Bought And Paid For' Over Model 3, Model Y 'Phantom-Braking' Woes
Portfolio Pulse from Anan Ashraf
Gordon Johnson, CEO of GLJ Research and a known Tesla bear, has accused the NHTSA of being 'bought and paid for' due to a lack of action on complaints about Tesla's Model 3 and Model Y phantom braking issues. The complaints increased after Tesla disabled radar in these models in May 2021. Despite Johnson's accusations, the NHTSA did start a review of customer complaints in February 2022.
December 07, 2023 | 10:50 am
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Tesla faces criticism from GLJ Research CEO Gordon Johnson over phantom braking issues in Model 3 and Model Y, which could affect investor sentiment and potentially the stock price.
Negative publicity from a high-profile Tesla critic regarding safety concerns could lead to investor wariness and a potential short-term negative impact on Tesla's stock price. However, the NHTSA's ongoing review indicates that the issue is being addressed, which may mitigate some of the negative sentiment.
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