Ex-Tesla Worker Escalates Battle by Blowing Whistle to SEC

A former Tesla Inc. employee portrayed by Chief Executive Officer Elon Musk as a saboteur has filed a whistle-blower tip to the U.S. Securities and Exchange Commission alleging the company made misstatements and omissions to investors.

Martin Tripp, a process engineering technician at the company’s massive battery factory in Nevada, who left Tesla on June 19 and was sued by the company shortly thereafter, accused the electric-car maker of inflating weekly Model 3 production figures by as much as 44 percent. In a tip filed to the SEC on Friday, he also said the company installed unsafe batteries in vehicles that may be at higher risk of catching fire later.

Tripp’s allegations were summarized in a statement from Meissner Associates, a New York-based law firm that represented a former Monsanto Co. employee who was awarded $22 million in August 2016 for tipping off the SEC to improper accounting. Stuart Meissner, a former assistant district attorney in Manhattan and assistant New York state attorney general, said he believes Tesla’s lawsuit against Tripp was part of a media campaign to defame and silence him.

Tripp has struggled to hire a lawyer to defend him against Tesla’s lawsuit and created a GoFundMe page. He is seeking $500,000 in financial support and has raised about $14,000, according to the website.

Meissner said he won’t be representing Tripp in the federal lawsuit in Nevada. Tripp “is in the process of interviewing attorneys,” he said in a phone interview Wednesday. “It’s not easy to find counsel. There’s almost a cult of Tesla.”

Source link

Comments are closed

Featured Links

    Search Archive

    Search by Date
    Search by Category
    Search with Google
    Flirt online

    Flirt online

    Log in | Designed by Gabfire themes