Driver Arrested After Letting Autopilot Take Him Home In Drunken Stupor

should have called lyft

why would anyone drive if they know that want to drink, just get an uber.

These Tesla stories sure are entertaining. I will miss them, if Tesla goes down the tubes after the Weds Feb 20, 2019 FY2018 Earnings Release date
https://www.marketscreener.com/TESLA-6344549/calendar/

I wonder who is going to 'sign on the dotted line' as I do not think that Tesla has replaced their Chief Accounting Officer who quit two months ago.
https://www.cnbc.com/2018/09/07/teslas-chief-accounting-officer-dave-morton-resigns-after-just-a-month.html

Tesla's chief accounting officer, Dave Morton, has resigned after just a month, citing "the level of public attention placed on the company," the carmaker said in an 8K filing. News of Morton's quick departure follows CEO Elon Musk's bizarre weed-and-whiskey interview with Joe Rogan.

"Since I joined Tesla on August 6, the level of public attention placed on the company, as well as the pace within the company, have exceeded my expectations," Morton said in the filing. "As a result, this caused me to reconsider my future. I want to be clear that I believe strongly in Tesla, its mission and its future prospects, and I have no disagreements with Tesla's leadership or its financial reporting."

Tesla announced Morton's hire on July 30. His resignation became effective the past Tuesday, according to the filing. Before joining Tesla, Morton was chief financial officer of Seagate Technology, where he worked since 1995.

In case some readers are not familiar with accounting standards...let me provide the definition of the Accounting Concept "Going Concern"...

"Going Concern" - Continuation of an entity as a going concern is presumed as the basis for financial reporting unless and until the entity's liquidation becomes imminent. Preparation of financial statements under this presumption is commonly referred to as the going concern basis of accounting.

Accountants are a dime a dozen. Only an accountant will think highly of this low self-esteemed job.

Save your predictions for Ford and GM.

Pure bigotry and snootiness: "Accountants are a dime a dozen."

A good accountant is how a business makes money. My accountant is intrepid. He figured out how to take businesses I was interested in through bankruptcy so I could take them over and protect jobs. He also masterminded a way for me to buy new vehicle haulers a while back and to have them cost me very little to acquire.

Accountants and unscrupulous used car dealers - sounds like birds of same feathers ...

There is lots of leeway in accounting in terms of reporting, all of which conforms to "generally accepted accounting principles." Amortization of development costs, for example, can vary greatly depending on the industry, expectation of future sales and who your accountants are. I'm not making a judgment on Tesla's accounting methods but also remember that Madoff passed accounting muster for years before getting caught.

Madoff had a no-name, "strip mall" accounting firm do its audit and a separate tax accountant - both of whom faced stiff penalties. https://dealbook.nytimes.com/2013/09/26/longtime-madoff-accountant-is-arrested/

Tesla's auditor is PWC/PriceWaterhouseCoopers who will do a fair job giving an opinion as to whether Tesla will be in business for another year.

PWC does not want to end up like now-defunct Arthur Andersen in the Enron case. https://www.benzinga.com/markets/14/04/4429482/how-the-arthur-anderson-and-enron-fraud-changed-accounting-forever

If PWC opines that Tesla will soldier on for another year in a few months time, then Tesla very likely will.

I am surprised this is the first we have heard of this. Maybe someone less drunk has made it home tapping the steering wheel when it buzzes or chimes. Telling your care to take you home or to the hospital can't be all bad. But don't drive under the influence. That is just stupid.

Not just stupid, it's reckless and dangerous. DUI is not the only issue, people fall asleep due to lack of sleep, and while drive assist systems could mitigate or delay an impeding catastrophe they could also be an inducing factor as attention and consciousness waver.

Most things in life are aptly or appropriately named. For example, junk bonds (high risk, high reward), giggle joint, high rise, autopilot (planes that fly themselves) etc. Autopilot, as used by Tesla, to the uninitiated means exactly what it isn't.