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bonaire2112 1 post  |  Last Activity: May 4, 2016 6:45 PM Member since: Nov 15, 2010
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  • bonaire2112 bonaire2112 May 4, 2016 6:45 PM Flag

    No reason to be familiar, but I think this is a reminder. A CEO not knowing what legal issues exist in their firm is out of touch.

    Tesla Motors, Inc. (TSLA - Analyst Report) has filed a lawsuit against parts supplier Hoerbiger Automotive Comfort Systems. The automaker had joined hands with Hoerbiger in Feb 2014 to produce a prototype hydraulic system that will open and close the falcon-wing doors of Model X. But the product supplied did not match the quality requirements put down by Tesla. The doors dropped beyond the stated tolerance levels and were found to be leaking oil both inside and outside of the vehicle.