Tesla ChipGate: Shell Game With NVidia Sends Auditors Scrambling to Follow Cashflow

Several people have asked me to comment on the financial shenanigans behind the news about Tesla chip orders ($500 million in H100) being redirected to another company instead.

…Musk presented an exaggerated picture of Tesla’s procurement to shareholders. Correspondence from Nvidia staffers also indicates that Musk diverted a sizable shipment of AI processors that had been reserved for Tesla to his social media company formerly known as Twitter.

As far as I can see these chips are being transfered to a xTwitter balance sheet that just raised $6B in foreign investment (Saudis? Chinese? Russians? Oracle?).

…a $6 billion financing round led by many of the same investors who funded Musk’s Twitter takeover. The company was incorporated in March 2023, but Tesla didn’t disclose its formation at the time…

“The company” refers to a team of people inside xTwitter who were tasked with the setup of up an extremist right wing propaganda LLM running on Oracle. So xTwitter was given billions from Oracle to incorporate a company that gives cash to Tesla for chips that run on Oracle?

Tesla allegedly said to investors it needs these chips to make its cars less deadly, but presently can’t pay for them because of sales massively collapsing and a cash crunch.

In Germany, where they built a giant environmental disaster plant that has to be shut down, Tesla recorded the steepest sales decline of any brand in May plummeting 64% year-over-year. Year-to-date they fell 41.4%, while other brands were seeing increases. Meanwhile the Tesla CEO has been threatening to quit the company if he is not given enough control to overrule everyone.

NVidia chips thus were redirected straight to xTwitter, where they get booked as a (highly inflated) cash purchase from Tesla.

Boom, Tesla just became a rent seeking NVidia front as boatloads (over $500 million) of dubious cash gets laundered through xTwitter. Does it also get these chips? Maybe xTwitter next bills Tesla for chip use on Oracle, making a self-dealing cash flow reverse whenever convenient.

Since Tesla setup 90 day terms with Nvidia on tens of thousands of chips, there isn’t even a cost to offset for a few minutes.

It’s all magic money fraud games, that I’m sure many others can see as clear or more clearly.

Who remembers money disappeared into solar roof tiles, or fast swap car batteries, or bogus revenues…?

Without fraud there would be no Tesla.

OH Tesla Kills One in “Veered” Crash Into Parked Cars and a Building

In a tragic and often repeating story, another speeding Tesla hit a bump, lost control and killed someone.

According to the Powell Police Department, the crash happened in the 3400 block of Club Way Court at Powell Grand Communities around 9:15 p.m.

One person, Ethan Blecke, was taken to Riverside Methodist Hospital where he was pronounced dead hours later. Police Chief Ron Sallows said one other person was hospitalized and is now listed as stable. Three others were treated at the scene.

Sallows said it appears a 16-year-old boy was driving a Tesla, with five other people inside the vehicle, at a high rate of speed when he hit a speed bump, lost control and struck several other vehicles. The Tesla also hit part of a garage attached to one of the apartment buildings.

In the past, news about Tesla-related fatalities usually involved older couples (reflecting the car’s initial marketing strategy as being exclusive to those who could afford one). However, recently, there has been a noticeable move towards reports of groups of teenagers being harmed (reflecting the car’s present reality of being the lawn dart of roads, an inexpensive game of death).

The shift in who is killed likely stems from a dangerous combination affecting a different age group. Elderly couples are now wise to the fraudulent safety claims by Tesla and choose a different brand. However, young adults haven’t gotten the memo to keep them out of a Tesla, combined with an overconfidence making them unable to respond adequately in an unnecessarily powerful car. Essentially, Tesla’s grossly misleading portrayal of its safety continues to exacerbate the risks for those most vulnerable to its awful design and engineering flaws.

Update: the Tesla driver is being charged with homicide.

A 16-year old driver faces several charges, including vehicular homicide, after a crash that killed a fellow 16-year-old in Powell. The driver has been charged with aggravated vehicular homicide, aggravated vehicular assault and reckless operation.

This is reminiscent of the recent tragedy and Tesla trial in New Zealand.

The alleged killer literally admitted his Tesla had made him into a worse driver, a deadly menace not only to himself but anyone around. […] Perhaps a simple empathy test should be required before anyone can turn on the power to these loitering munitions called cars? Don’t know how to safely point the barrel of a loaded rocket launcher? No launch for you.

CA Tesla Kills Two in “Veered” Head-On Crash

More teenagers have been killed by “brutal” Tesla.

The collision occurred just before 8 p.m. Tuesday at the intersection of Vista Del Mar and Imperial Highway, overlooking Dockweiler State Beach in L.A.’s Playa del Rey neighborhood.

The victims were confirmed as two teenage boys who attended a school in the Inglewood Unified School District.

Video from the scene captured by Sky5 shows a massive response by emergency crews; another angle shows a mangled white Tesla near another blue vehicle damaged beyond recognition.

Source: KTLA

LAFD initially reported one was killed and two had to be extricated.

Firefighters extricated two patients, and transported a total of four patients (3 critical & 1 in fair condition) to local hospitals (ages/genders: 18M, 16M, 18F, 30F). The deceased (unknown age/gender) remains inside one of the wrecked vehicles

The teen driver of the car Tesla crashed into was killed instantly, and was expected to graduate high school the next day.

The Los Angeles County Medical Examiner’s Office has identified David Ceja, 17, who was pronounced deceased at the scene, and Hector Ceja Jr., 15, who died at a local hospital from his injuries.

The two were brothers. Police are investigating and say it’s unclear why the cars crashed head-on.

Japanese Man Deploys Rubber Dummy Police Officers to Slow Traffic

The clever details in this image from Japan alone are worth talking about. A California license plate, a rubber dummy in a “Police” miniskirt holding a big pink “wand” next to a “Peace” cruiser… it’s all kind of weird and hilarious and yet probably still very effective in reducing threats to the public from high-speed cars.

It’s hard to believe but the last time I wrote about this sort of thing was fourteen years ago: “Drivers Slow for Decoy Police Women (in Skirts)

Authorities say that life-sized cardboards of female police officers in miniskirts placed alongside roads have managed to slow down speeding drivers…

We’ve come a long way from cardboard. We haven’t come a long way from sensuality and sex as a traffic control device. What a time to be alive.

The Japanese man also deployed well-dressed dummy male police officers sitting next to a giant fake speed camera.