Tesla Motors Inc (TSLA)’s Move to Hire Hackers is Brilliant: Gary Davis


Tesla Motors Inc (NASDAQ:TSLA) is planning to hire around 30 hackers as full-time employees to break into their cars. Tesla wanted to set a a standard for the security system in their vehicles. McAfee chief consumer security evangelist, Gary Davis talked on CNBC about the Tesla’s move to hire hackers.

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Tesla Motors Inc (NASDAQ:TSLA)’s move to hire hackers was mainly to understand the multiple ways through which the security system of their car’s could be exploited. They are trying to tighten their grip on the security system of their vehicles. Davis pointed out that any high end car has around 100 million lines of codes embedded. The code size keeps increasing with capabilities of the vehicles and so does the possibility of hackers breaking into the vehicles. He feels that every high end car manufacturer, including Tesla need to understand the various means which could expose their vehicle. He thinks that this move by Tesla needs appreciation.

Davis thinks that the Tesla Motors Inc (NASDAQ:TSLA)’s objectives could be achieved through many ways.

“[…] Hackers are going to try to do this anyways, so why not bring them in-house. Bring them in, provide them the platform, and say, “go figure out what you could do and then let us make sure what’s build in the system’s prevent any type of actions doing anything to our vehicles”,” Davis said.

He pointed out that the other way to do this is by paying a bounty for people coming out with such methods to hack the system. He actually recommended that Tesla Motors Inc (NASDAQ:TSLA) could do both and reap benefits. Davis believed that when the driver-less cars becomes a reality, the security system and hackers might play a major role.

One of Tesla Motors Inc (NASDAQ:TSLA)’s shareholders is Andor Capital Management, led by Daniel Benton. The hedge fund holds around 1.25 million shares of the company.

Disclosure: None

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