retinadoc
Member
I respectfully disagree hcsharp. I would be curious what the lawyers on the board think, but with my layman's understanding of the definition of libel in the US, I think the NY Times either issues a full printed retraction, or they better lawyer up. Tesla's stock fell significantly after this article was published, and the article clearly damages Telsa's reputation and will negatively impact sales going forward. The harm to Tesla would be quantifiable and likely in the millions. Total conjecture on my part, but if I were advising the Times, I would tell them to print a retraction in exchange for Tesla agreeing to drop the matter.
The NY Times ultimately has to protect its reputation which is far more important than shielding a reporter who clearly fabricated a sensationalistic hit piece. I think they review the evidence (which Tesla will certainly let them do), and cut their losses.
The NY Times ultimately has to protect its reputation which is far more important than shielding a reporter who clearly fabricated a sensationalistic hit piece. I think they review the evidence (which Tesla will certainly let them do), and cut their losses.
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