Tesla Feud With 'New York Times' Hurting Tesla

A dispute between Tesla Motors and the New York Times over a review of the maker’s Model S sedan is taking on an increasingly strident and noisy life of its own, raising questions about just what the California-based, battery-car start-up hopes to accomplish. Tesla founder and CEO Elon Musk has been angered by what he has dubbed a “fake” story by veteran Times reporter John Broder. But more than a few observers warn that Musk’s decision to angrily fight back could backfire and raise even more concerns about battery-car technology. Tesla’s stock is taking a sharp drop from its nearly $40-a-share peak last week – though it has rebounded slightly since the he-said/she-said battle began.

Read the whole story at Detroit Bureau » Recommend (1) Print RSS