Connect with us

Hi, what are you looking for?

Business

Former Tesla employee files ‘whistleblower’ tip with SEC

It may sound like a “sour grapes” reaction to being fired and then sued by the electric vehicle automaker, but Martin Tripp retained Meissner Associates, a whistleblower, securities, investment fraud and employment law firm to represent him before the SEC.

The SEC filing by Tripp is just the latest in an ongoing battle between Tripp and Tesla after he was fired in June. Right after the firing, according to Tech Crunch, Tesla filed a lawsuit on June 20 against Tripp for $1 million, alleging the man, who worked as a process technician at the massive battery factory near Reno, hacked the company’s confidential and trade secret information and transferred that information to third parties, according to court documents.

In the lawsuit, Tesla also claims Tripp leaked false information to the media. It wasn’t but one day later that Tripp initiated a combative email exchange with Tesla CEO Elon Musk that escalated quickly, resulting in Musk writing that Tripp was a “horrible human being” for “framing other people.”

Tripp’s attorney Stuart Meissner, has a successful whistleblower track record. Tripp’s July 6 SEC filing alleges Tesla knowingly manufactured batteries with punctured holes possibly impacting hundreds of cars on the road, as well as misled the investing public as to the numbers of Model 3s actually being produced each week by as much as 44 percent.

The company is alleged to have lowered vehicle specifications and systemically used scrap and waste material in vehicles, all so as to meet production quotas, according to a statement from Meissner Associates.

Tesla has always contended that Tripp is not a whistleblower, but someone who hacked and stole confidential information.

It should be noted that since 2011, the SEC has offered money to tipsters who pass on credible information about violations of federal securities laws. So far, the SEC has paid out $250 million to whistleblowers in a variety of cases.

Avatar photo
Written By

We are deeply saddened to announce the passing of our dear friend Karen Graham, who served as Editor-at-Large at Digital Journal. She was 78 years old. Karen's view of what is happening in our world was colored by her love of history and how the past influences events taking place today. Her belief in humankind's part in the care of the planet and our environment has led her to focus on the need for action in dealing with climate change. It was said by Geoffrey C. Ward, "Journalism is merely history's first draft." Everyone who writes about what is happening today is indeed, writing a small part of our history.

You may also like:

World

US Secretary of State Antony Blinken (L) is paying his second visit to China in less than a year - Copyright POOL/AFP Mark SchiefelbeinShaun...

Business

Google-parent Alphabet soared with Microsoft in after-hours trade following forecast-beating earnings - Copyright GETTY IMAGES NORTH AMERICA/AFP Drew AngererMarkets were mixed on Friday after...

Life

An expert explains why keen gamers should consider running as part of their regular routine.

World

People wave the Palestinian flag during protests in Doha after the outbreak of the Gaza war - Copyright AFP Rabih DAHERCallum PATONCriticism of Qatar...