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.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 80