That’s according to Dan Ives, a bullish analyst at Wedbush, who said Chief Executive Officer Elon Musk and his company are facing a “black eye moment” following Saturday’s announcement by China regulators, that almost all of the autos it has delivered will need a software fix to address safety issues linked to the cruise-control system.
The regulator said it had received the request by Tesla a few days earlier to get the update pushed through. “China demand is a key driver for the long term Tesla growth story and the company must play nice in the sandbox with Beijing around safety issues,” added Ives.
Source: Car News Wire (carnewswire.net)
No it doesn’t, it was taken care of as an OTA update. No other mfr has the capability to do that.. and you know it. As usual, MW is trying to mis-spin information again to satisfy stakeholders behind the scenes and create clicks & share price volatility, aren’t you now…
China literally hates Elon. So does Germany. So does Russia. No one respects him. Can't get along with US regulators or any political leaders overseas. Because he is arrogant. Thank you for hosting my AMA.
As long as it does not mean kowtowing or bending the knee to the CCP Tesla
I think Tesla has the most problems of all carmakers right now
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