This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
See Cramer's multi-million dollar portfolio for FREE and get his new book Get Rich Carefully! Learn More

Elon Musk, Wall Street Hit Back at New York Times Over Model S (Update 1)

Updated from 12:52 p.m. to include comments from The New York Times spokeswoman.

NEW YORK (TheStreet) -- Elon Musk wants The New York Times to eat his proverbial dust.

In a blog post, the Tesla Motors (TSLA) CEO has hit back at The New York Times (NYT) writer John Broder, accusing the journalist of bending the truth in a recent controversial test drive. "You are a news organization where that principle is of paramount importance and what is at stake for sustainable transport is simply too important to the world to ignore," Musk wrote in his scathing retort.

Last week, Broder published an article saying that, in a test drive, Tesla's Model S did not perform well under harsh weather conditions. Musk, a one-time executive at PayPal (now a division of (eBay (EBAY)), sent out a series of tweets soon after the report was published, deriding the test drive was "fake." In his subsequent blog post on Wednesday, Musk cited data logs from the car's test drive, noting that Broder did not in fact run out of energy, among other charges, as the reporter claimed.

In an emailed response, The New York Times spokeswoman Eileen Murphy said, "As we have said previously, our story was fair and accurate. We plan to post a more detailed response to Tesla's latest assertions after we have had an opportunity to review them in detail."

TheStreet has reached out to Tesla to do its own test drive of the Model S.

Here are Musk's key points, as they appear in his blog post:

As the State of Charge log shows, the Model S battery never ran out of energy at any time, including when Broder called the flatbed truck.

The final leg of his trip was 61 miles and yet he disconnected the charge cable when the range display stated 32 miles. He did so expressly against the advice of Tesla personnel and in obvious violation of common sense.

In his article, Broder claims that "the car fell short of its projected range on the final leg." Then he bizarrely states that the screen showed "Est. remaining range: 32 miles" and the car traveled "51 miles," contradicting his own statement (see images below). The car actually did an admirable job exceeding its projected range. Had he not insisted on doing a nonstop 61-mile trip while staring at a screen that estimated half that range, all would have been well. He constructed a no-win scenario for any vehicle, electric or gasoline.

On that leg, he drove right past a public charge station while the car repeatedly warned him that it was very low on range.

Cruise control was never set to 54 mph as claimed in the article, nor did he limp along at 45 mph. Broder in fact drove at speeds from 65 mph to 81 mph for a majority of the trip and at an average cabin temperature setting of 72 F.

At the point in time that he claims to have turned the temperature down, he in fact turned the temperature up to 74 F.

Stock quotes in this article: TSLA, EBAY 

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 16,424.85 +162.29 1.00%
S&P 500 1,862.31 +19.33 1.05%
NASDAQ 4,086.2250 +52.0640 1.29%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs