Connect with us

Investor's Corner

Tesla gets restraining order against TSLA critic who tried to disrupt Model 3 test car

Published

on

The man behind one of the most prominent anti-Tesla accounts on Twitter, @skabooshka, has been issued a temporary restraining order after allegedly trying to cause an accident during a Model 3 test vehicle’s Navigate on Autopilot demonstration. The noted TSLAQ member reportedly drove so recklessly that his vehicle ended up triggering the Model 3’s crash emergency avoidance maneuver.

The temporary restraining order was granted by the Alameda County Superior Court in CA on Friday, though it is still unknown if the restraining order has been served. In its filing, Tesla claimed that California resident Randeep Hothi, the man allegedly behind the TSLAQ @skabooshka account on Twitter, had “stalked, harassed, and endangered” three employees who were driving a Model 3 in the Bay Area. The electric car maker noted that this was not the first time that the noted short committed acts against the company, as he also reportedly injured a member of Tesla’s security personnel when he was caught trespassing on company property.

Tesla explains its request for a restraining order as follows (credit to Twitter user Nafnlaus for providing screenshots of the documents). The following are excerpts from Tesla’s restraining order.

Respondent has a history of trespassing at Tesla’s facilities, unlawfully taking photographs and video to post on his Twitter account, and other misconduct, as explained in the Leslie Declaration. However, in recent months, Respondent’s conduct has escalated and has resulted in violent and intimidating confrontations with Tesla employees.

In an incident in February 2019, Respondent hit Tesla’s security employee Tyler James with his car as Mr. James approached Respondent to ask him to leave Tesla’s private property. Mr. Tyler suffered minor injuries. The Respondent did not stop and fled the scene. The Fremont Police Department were called and arrived on the scene. The Department later attempted to issue Respondent a warning notice of trespass, but was unsuccessful because Respondent has avoided and been uncooperative in meeting with Fremont police officers.

Advertisement
-->

More recently, on April 16, 2019, Respondent stalked, harassed, and endangered (three Tesla employees) who were driving on the highway in a Tesla-owned Model 3 vehicle bearing manufacturer plates and mounted with camera equipment. In particular, Responded pursued these employees on the public highway for about 35 minutes, variously driving ahead of, beside, and behind them, and swerving dangerously close to the vehicle. Respondent swerved so close to the side of the Tesla that the vehicle’s side-collision (crash) avoidance safety feature was triggered to engage an emergency maneuver to avoid the collision.

These employees had no prior knowledge of Respondent’s interactions with Tesla, but it appeared that Respondent was trying to interfere with their drive, and each feared that Respondent’s road conduct would cause a collision and injure them. Fearing for his safety and for the safety of the other passengers in the Model 3 (a Tesla employee) called the San Francisco Police Department at that time. However, because no officers were in the area, (the Tesla employee) ultimately did not request that an officer be sent to their location.

On April 22, 2019, Tesla will host an event at its headquarters at 3500 Deer Creek Road, Palo Alto, during which Tesla employees will be demonstrating vehicle functionality in manufacturer-plated vehicles on nearby roads. Respondent has expressed interest in this event on Twitter, and his Twitter followers have encouraged him to try to follow and interfere with these drives. Respondent is a vocal Tesla detractor, claims to be a Tesla short-seller, and tweets extensively about his desire to see Tesla (and its Autopilot technology) fail. To ensure the safety of Tesla employees and the public, temporary protection is needed, on April 22,2019, for any Tesla employee driving a Tesla vehicle with manufacturer plates within 5 miles of Tesla’s headquarters at 3500 Deer Creek Road, Palo Alto, California.

It should be noted that @skabooshka’s actions mentioned by Tesla in its restraining order disturbingly mirror some of the suggestions proposed by the TSLAQ community when the noted bear posted images of the company’s Model 3 test car on Twitter. Among these suggestions include braking in front of Tesla’s test vehicles, as well as intentionally swerving into the electric cars’ lane to ensure that the company’s demonstrations are authentic. Other Tesla bears also joked that it would be amusing if the Model 3 crashed.

Due to his actions, the noted Tesla bear will now be required to stay at least 100 yards away from the Fremont factory or the employees named in Tesla’s restraining order. He is also required to stay 10 yards away from any Tesla vehicle with manufacturer plates within five miles of the factory.  The restraining order is effective until May 7, when a hearing is set.

Advertisement
-->

The Tesla critic’s reckless actions seemed to have stemmed from a particular focus on Tesla’s upcoming Autonomy Investor Day on April 22, where the electric car maker is expected to give investors a deep dive into its full self-driving initiatives, including its custom Hardware 3 computer. Test rides on vehicles equipped with unreleased features of Autopilot and the Full Self-Driving suite are also expected to be held in the event.

Neither Tesla nor Hothi have responded to requests for comment to media publications such as The Verge, though the @skabooshka Twitter account boldly declared on Saturday post that “I will not rest. This is my promise. Tesla is a zero. @elonmusk will go to prison.” Elon Musk, for his part, noted on Twitter that the actions of the noted Tesla bear was something that he has never seen before.

Simon is an experienced automotive reporter with a passion for electric cars and clean energy. Fascinated by the world envisioned by Elon Musk, he hopes to make it to Mars (at least as a tourist) someday. For stories or tips--or even to just say a simple hello--send a message to his email, simon@teslarati.com or his handle on X, @ResidentSponge.

Advertisement
Comments

Investor's Corner

Tesla stock lands elusive ‘must own’ status from Wall Street firm

Published

on

Tesla model y with FSD Unsupervised at Giga Texas
Credit: Tesla AI | X

Tesla stock (NASDAQ: TSLA) has landed an elusive “must own” status from Wall Street firm Melius, according to a new note released early this week.

Analyst Rob Wertheimer said Tesla will lead the charge in world-changing tech, given the company’s focus on self-driving, autonomy, and Robotaxi. In a note to investors, Wertheimer said “the world is about to change, dramatically,” because of the advent of self-driving cars.

He looks at the industry and sees many potential players, but the firm says there will only be one true winner:

“Our point is not that Tesla is at risk, it’s that everybody else is.”

The major argument is that autonomy is nearing a tipping point where years of chipping away at the software and data needed to develop a sound, safe, and effective form of autonomous driving technology turn into an avalanche of progress.

Wertheimer believes autonomy is a $7 trillion sector,” and in the coming years, investors will see “hundreds of billions in value shift to Tesla.”

A lot of the major growth has to do with the all-too-common “butts in seats” strategy, as Wertheimer believes that only a fraction of people in the United States have ridden in a self-driving car. In Tesla’s regard, only “tens of thousands” have tried Tesla’s latest Full Self-Driving (Supervised) version, which is v14.

Tesla Full Self-Driving v14.2 – Full Review, the Good and the Bad

When it reaches a widespread rollout and more people are able to experience Tesla Full Self-Driving v14, he believes “it will shock most people.”

Citing things like Tesla’s massive data pool from its vehicles, as well as its shift to end-to-end neural nets in 2021 and 2022, as well as the upcoming AI5 chip, which will be put into a handful of vehicles next year, but will reach a wider rollout in 2027, Melius believes many investors are not aware of the pace of advancement in self-driving.

Tesla’s lead in its self-driving efforts is expanding, Wertheimer says. The company is making strategic choices on everything from hardware to software, manufacturing, and overall vehicle design. He says Tesla has left legacy automakers struggling to keep pace as they still rely on outdated architectures and fragmented supplier systems.

Tesla shares are up over 6 percent at 10:40 a.m. on the East Coast, trading at around $416.

Continue Reading

Investor's Corner

Tesla analyst maintains $500 PT, says FSD drives better than humans now

The team also met with Tesla leaders for more than an hour to discuss autonomy, chip development, and upcoming deployment plans.

Published

on

Credit: Tesla

Tesla (NASDAQ:TSLA) received fresh support from Piper Sandler this week after analysts toured the Fremont Factory and tested the company’s latest Full Self-Driving software. The firm reaffirmed its $500 price target, stating that FSD V14 delivered a notably smooth robotaxi demonstration and may already perform at levels comparable to, if not better than, average human drivers. 

The team also met with Tesla leaders for more than an hour to discuss autonomy, chip development, and upcoming deployment plans.

Analysts highlight autonomy progress

During more than 75 minutes of focused discussions, analysts reportedly focused on FSD v14’s updates. Piper Sandler’s team pointed to meaningful strides in perception, object handling, and overall ride smoothness during the robotaxi demo.

The visit also included discussions on updates to Tesla’s in-house chip initiatives, its Optimus program, and the growth of the company’s battery storage business. Analysts noted that Tesla continues refining cost structures and capital expenditure expectations, which are key elements in future margin recovery, as noted in a Yahoo Finance report. 

Analyst Alexander Potter noted that “we think FSD is a truly impressive product that is (probably) already better at driving than the average American.” This conclusion was strengthened by what he described as a “flawless robotaxi ride to the hotel.”

Advertisement
-->

Street targets diverge on TSLA

While Piper Sandler stands by its $500 target, it is not the highest estimate on the Street. Wedbush, for one, has a $600 per share price target for TSLA stock.

Other institutions have also weighed in on TSLA stock as of late. HSBC reiterated a Reduce rating with a $131 target, citing a gap between earnings fundamentals and the company’s market value. By contrast, TD Cowen maintained a Buy rating and a $509 target, pointing to strong autonomous driving demonstrations in Austin and the pace of software-driven improvements. 

Stifel analysts also lifted their price target for Tesla to $508 per share over the company’s ongoing robotaxi and FSD programs. 

Continue Reading

Investor's Corner

Tesla wins $508 price target from Stifel as Robotaxi rollout gains speed

The firm cited meaningful progress in Tesla’s robotaxi roadmap, ongoing Full Self-Driving enhancements, and the company’s long-term growth initiatives.

Published

on

Credit: Joe Tegtmeyer/X

Tesla received another round of bullish analyst updates this week, led by Stifel, raising its price target to $508 from $483 while reaffirming a “Buy” rating. The firm cited meaningful progress in Tesla’s robotaxi roadmap, ongoing Full Self-Driving enhancements, and the company’s long-term growth initiatives. 

Robotaxi rollout, FSD updates, and new affordable cars

Stifel expects Tesla’s robotaxi fleet to expand into 8–10 major metropolitan areas by the end of 2025, including Austin, where early deployments without safety drivers are targeted before year-end. Additional markets under evaluation include Nevada, Florida, and Arizona, as noted in an Investing.com report. The firm also highlighted strong early performance for FSD Version 14, with upcoming releases adding new “reasoning capabilities” designed to improve complex decision-making using full 360-degree vision.

Tesla has also taken steps to offset the loss of U.S. EV tax credits by launching the Model Y Standard and Model 3 Standard at $39,990 and $36,990, Stifel noted. Both vehicles deliver more than 300 miles of range and are positioned to sustain demand despite shifting incentives. Stifel raised its EBITDA forecasts to $14.9 billion for 2025 and $19.5 billion for 2026, assigning partial valuation weightings to Tesla’s FSD, robotaxi, and Optimus initiatives.

TD Cowen also places an optimistic price target

TD Cowen reiterated its Buy rating with a $509 price target after a research tour of Giga Texas, citing production scale and operational execution as key strengths. The firm posted its optimistic price target following a recent Mobility Bus tour in Austin. The tour included a visit to Giga Texas, which offered fresh insights into the company’s operations and prospects. 

Additional analyst movements include Truist Securities maintaining its Hold rating following shareholder approval of Elon Musk’s compensation plan, viewing the vote as reducing leadership uncertainty.

Advertisement
-->
@teslarati Tesla Full Self-Driving yields for pedestrians while human drivers do not…the future is here! #tesla #teslafsd #fullselfdriving ♬ 2 Little 2 Late – Levi & Mario
Continue Reading