Conflicts of interest exist in almost every business model…just ask the former AIG execs who bought trillions of dollars worth of mortgage CDO risk that they were told was worthy of a AAA rating.
But when you read a car review to help figure out which set of wheels you’re going to buy next, you would probably prefer that the writer of that review not be receiving payments, cash or otherwise, directly from the company producing the vehicle he’s reviewing, right? Unfortunately, that’s not so much the case when it comes to Tesla.
While it’s no surprise that the writers of Electrek are big Tesla cheerleaders, as Jack Baruth of TTAC points out today, what may be surprising is just how much those writers receive from Tesla via their very generous referral program in return for their perpetually rosy commentary.
This post was published at Zero Hedge on Sep 29, 2017.