Tesla Bulls Panic After Missy Cummings Is Named Senior Adviser for Safety at NHTSA

Tesla’s current market cap is mainly credited to its autonomous driving tech promises. Elon Musk himself said that they would turn Tesla cars into “appreciating assets” instead of goods that devaluate, as most vehicles are. Although Tesla has repeatedly failed to deliver on these promises, its shareholders hope it will get there. When they heard Missy Cummings would become a senior adviser for safety at NHTSA, they panicked. (continue reading...)