Green Car Reports
07/02/2012 - 03:43:42 AM
We're shooting the messenger here. John is being a good journalist. If you are going to "redefine the industry" it should not be on transparency, it should be on product. Tesla should conform with laudible industry practices on disclosure and use its skills to articulate its situation--e.g., it's a young company putting out a new product, and production will take time to ramp. Enough said.
A larger issue about transparency though is TSLA voluntarily took $465M of loan money from the US government. I personally support the loan program, but it comes with obligations to the taxpayer (you and I) that are funding it. TSLA owes us as taxpayers at a *minimum* the industry standard level of disclosure. Part and parcel with taking taxpayer money.