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Elon Musk is "almost unethical," says Outgoing CEO of AutoNation



Tesla CEO Elon Musk acts in an "almost unethical" way, says outgoing CEO of the largest US dealers' chain.

"I think it exaggerates in terms of autonomous vehicles in an almost unethical way," said AutoNation General Manager Mike Jackson on Friday.

div> div.group> p: first-child " ] Msksk recently said he expects Tesla to have all the features necessary for a fully self-driving car to the end of. This seems like an almost impossible goal, said Carl Brawler, an executive publisher at Cox Automotive, a group of companies that facilitate sales of cars and provide data on the automotive industry

Jackson Critic and Tesla's practice of accepting Tesla Model 3 medium-sized sedans, saying the cars Tesla built were different from those the company planned to build its model 3 at $ 35,000, but has sold only more expensive versions so far

"There is no other retailer in America who can get away with this bait and shift," he said, currently the cheapest model 3 starts at $ 42,900. Musk said that despite the initially announced price, Tesla had to give priority to producing more expensive versions to keep the margin high. At one point Tesla had more than 400,000 bookings for model 3.

Tesla faced political and legal battles in several countries for her decision to avoid the traditional model of the dealer in favor of a direct model that she sells to customers. 1

9659003] AutoNation reported a profit of $ 1.10 on Friday, missing a consensus estimate of 4 cents. The Dealer's chain also said Jackson would end its long-term top management mandate in March, and the next CEO, Carl Libert, will start on March 11th. Libert was Chief Operating Officer of the USAA.

AutoNation's shares fell by more than 4% in prefet trade

"It was a challenging quarter, no doubt," said Jackson. New car sales in the industry are down 10% in California, as well as in tough conditions in Texas and Florida. "But even after these two explanations, I think retail car manufacturing is getting harder," he said, ascribing the challenges. partly for the cyclical nature of the business.

Jackson said he expected a gradual decline in the industry. He expects sales in 2019 to be about 16.8 million, down from 17.2 million in 2018.

Tesla was not available to comment on Jackson's remarks
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