Tesla, Inc. TSLA CEO Elon Musk has placed high hopes on its Full Self-Driving (FSD) software. However, the electric vehicle giant’s autonomous driving technology continues to be controversial. On Thursday, a tech entrepreneur made some shocking claims that further clouded the outlook for the technology.
Red Flags: Dustin Moskovitz, co-founder of Facebook (now Meta), expressed strong concerns about Tesla in a post on Meta’s Threads messaging app. He compared Tesla’s situation to the infamous collapse of energy company Enron, stating, “I know I sound crazy to most people who don’t follow $TSLA closely but at this point it really needs to be said. This is Enron now, folks.”
Enron executives systematically inflated their company’s financial performance for years, hiding billions in debt through a web of complex financial instruments. It eventually came crashing down, leading to one of the biggest corporate…
