Tesla Accused of “Massive Fraud” by Facebook Cofounder: Compares to Enron

Tesla Accused of Massive Fraud by Facebook Cofounder

Asana CEO Dustin Moskovitz has made serious allegations against Tesla, claiming the company has engaged in “consumer fraud on a massive scale.”

In a post on the social media platform Threads, Moskovitz, who co-founded Facebook, accused Tesla of deceptive practices similar to the Enron scandal.

Specifically, Moskovitz alleged that Tesla has misled consumers about its Full Self-Driving (FSD) software and the range of its vehicles.

He presented graphs from Tesla that he claims show the company is trying to artificially inflate the miles driven using FSD, which is critical for Tesla’s path to autonomous driving and robotaxis. Moskovitz went so far as to predict that “people are going to jail at the end” due to Tesla’s actions.

However, no Tesla executives have been charged with any crimes, and the company has not been found liable for consumer or securities fraud.

While Tesla has faced lawsuits and probes from regulators regarding its FSD technology and vehicle range claims, the company has mostly settled or been found not liable in these cases.

Moskovitz’s allegations come amid ongoing investigations by the National Highway Traffic Safety Administration and the Securities and Exchange Commission into Tesla’s Autopilot software and marketing practices. Drivers have also accused Tesla of inflating its vehicle range, leading to a class-action lawsuit, though a judge ruled the plaintiffs must go through individual arbitrations.

Tesla Accused of Massive Fraud by Facebook Cofounder

Moskovitz has long been skeptical of Tesla and its CEO, Elon Musk. Last year, he called for Musk to resign from all his executive roles, including at Tesla, after Musk endorsed an antisemitic post on the social media platform X (formerly Twitter).

Moskovitz has also questioned the true impact and valuation of Tesla and Musk’s other company, SpaceX, suggesting they may be “scams he got away with.”

In response to Moskovitz’s latest allegations, Musk took to X to hurl insults and a derogatory term at the Facebook co-founder, though he later apologized.

The ongoing tension between Moskovitz and Musk highlights the complex and contentious dynamics within the tech industry as prominent figures scrutinize each other’s claims and actions.


Subscribe to Our Newsletter

Related Articles

Top Trending

John Krasinski IF Tops Box Office $35 Million Debut
John Krasinski's 'IF' Tops Box Office with $35 Million Debut
Age Restrictions Social Media
Urgent Push for Age Restrictions on Social Media to Protect Kids
saudi king salman lung inflammation treatment
Saudi King Salman to be Treated for Lung Inflammation
prabhas wife name
Prabhas Biography, Height, Age, Wife Name, Family, and Wiki
Abi Carter Wins American Idol 2024
Abi Carter Wins ‘American Idol’ 2024

LIFESTYLE

How Much Is Benihana Per Person
How Much Is Benihana Per Person [Updated Menu Price 2024]
Creative Ways to Show Appreciation for Mothers
Creative Ways to Show Appreciation for Mothers on Mother's Day
Mothers Day Speech Ideas
Inspiring Mother's Day Speech Ideas for a Memorable Tribute
Rabindra Jayanti 2024
Rabindra Jayanti 2024: Celebrating the Life and Legacy of Rabindranath Tagore
May 6 Zodiac
May 6 Zodiac: Positive Traits, Compatibility and More about Taurus

Entertainment

John Krasinski IF Tops Box Office $35 Million Debut
John Krasinski's 'IF' Tops Box Office with $35 Million Debut
prabhas wife name
Prabhas Biography, Height, Age, Wife Name, Family, and Wiki
Abi Carter Wins American Idol 2024
Abi Carter Wins ‘American Idol’ 2024
joseph gordon-levitt net worth
Joseph Gordon-levitt's Bio, Career, Family, and Net Worth in 2024
steve aoki net worth
Steve Aoki's Net Worth Breakdown and Sources of Income in 2024

GAMING

GTA 6 Leaks
GTA 6 Official Announcement, Plot, Trailers, Gameplay, and More
GTA 6 Release Date Autumn 2025
Fans Finally Have a Release Date for GTA 6: Autumn 2025
How to Save Money on Video Games
How to Save Money on Video Games
ghost of tsushima pc preorders canceled
Ghost of Tsushima PC Pre-Orders Canceled in Non-PSN Countries
Tips and strategies for winning the feudle
A Step-By-Step Guide and Strategies for Winning the Feudle Word Game in 2024

BUSINESS

bangladeshis on forbes 30 under 30 asia 2024
9 Bangladeshis Named in Forbes 30 Under 30 Asia 2024 List
indias brightest young minds forbes 30 under 30 asia
Meet India's Brightest Young Minds: Forbes Unveils '30 Under 30' Asia List
Housing Crisis RBA Warning No Quick Fix
RBA Warns of Prolonged Housing Crisis: No Quick Solutions in Sight
Reddit Shares Jump Openai Chatgpt Deal
Reddit Shares Surge Over 10% After Partnership Deal with OpenAI
taylor swift eras tour boosts uk economy
Taylor Swift's Tour Hands UK Economy £1 Billion Boost: Study

TECHNOLOGY

Wondershare DemoCreator Review
Wondershare DemoCreator Review: A Comprehensive Zoom Meeting Recorder
How to Change MSI Keyboard Color
A Step-By-Step Image Guide on How to Change MSI Keyboard Color
Sam Altman Reveals 'Surprisingly Cool' Use of GPT-4o
Sam Altman Reveals 'Surprisingly Cool' Use of GPT-4o for Boosted Productivity
Elon Musk Arrives in Indonesia to Launch Starlink
Elon Musk Arrives in Indonesia to Launch Starlink Internet Service
Project Astra Future of AI Google
Project Astra May Be the Future of AI at Google

HEALTH

saudi king salman lung inflammation treatment
Saudi King Salman to be Treated for Lung Inflammation
Science-Backed Tips for Better Sleep
15 Science-Backed Tips for Better Sleep
Low Glycemic Index Fruits
14 Low Glycemic Index Fruits for Diabetic People
Hacks to Reduce Anxiety
3 Science-Backed Hacks to Reduce Anxiety & Boost Happiness 
massachusetts man dies after pig kidney transplant
Massachusetts Man Dies After First Successful Pig Kidney Transplant