Tesla’s rocky year — plagued by price cuts, recalls and layoffs — continued Monday as shares of Elon Musk’s electric vehicle company dropped more than 3% ahead of Tuesday’s much-anticipated quarterly earnings. Tesla stock fell for the seventh straight day, closing at $142.05, its lowest price since closing at $133.42 on Jan. 20, 2023. Since
A 56-year-old Tesla Model S driver said he was using Autopilot when he hit and killed someone on a motorcycle last week about 15 miles outside Seattle.The Washington State Patrol's affidavit said the driver was arrested on suspicion of vehicular homicide "based on the admitted inattention to driving," while on Autopilot mode and using a cell phone while driving, according to a CNBC report. The department did not respond to Business Insider's request for records.The driver told a Washington State...
SEATTLE >> A Tesla that may have been operating on the company’s Autopilot driving system hit and killed a motorcyclist near Seattle, raising questions about whether a recent recall went far enough to ensure Tesla drivers using Autopilot pay attention to the road.
Occurring in a suburban area northeast of the city, the incident has sparked concerns about the efficacy of Tesla's recent recall to ensure driver attention while using Autopilot.
(Bloomberg) -- Elon Musk’s underlings at Tesla Inc. are accustomed to chaos. It comes with the territory of working for a chief executive who sets exacting targets and often abruptly switches directions — whose biographer describes his more intense moods as “demon mode.”Most Read from BloombergElon Musk’s Robotaxi Dreams Plunge Tesla Into ChaosTikTok to Remove Executive Tasked With Fending Off US ClaimsTrump Has Only $6.8 Million for Legal Fees With Trial UnderwayTesla Spends Weekend Cutting...
Federal transportation agency finds Tesla’s claims about feature don’t match their findings and opens second investigationUS auto-safety regulators said on Friday that their investigation into Tesla’s Autopilot had identified at least 13 fatal crashes in which the feature had been involved. The investigation also found the electric carmaker’s claims did not match up with reality.The National Highway Traffic Safety Administration (NHTSA) disclosed on Friday that during its three-year Autopilot...
Tesla shares surged 12% on Wednesday after CEO Elon Musk said the company plans to produce new affordable EV models by early 2025.
Deal to use mapping data from web search giant Baidu is a big step towards launching driver assistance tech in world’s biggest car marketElon Musk’s visit to China has reportedly reaped immediate rewards with a deal for Tesla to use mapping data provided by web search company Baidu, a big step in introducing driver assistance technology in the world’s largest car market.Musk made an unannounced visit to China over the weekend. The billionaire posted a picture of his meeting with the Chinese...
The National Highway Traffic Safety Administration closed a long-standing investigation into Tesla’s Autopilot driver assistance system after reviewing hundreds of crashes involving its misuse, including 13 that were fatal and “many more involving serious injuries.” At the same time, NHTSA is opening a new investigation to evaluate whether the Autopilot recall fix that Tesla implemented […] © 2024 TechCrunch. All rights reserved. For personal use only.
Musk’s announcement was aimed at calming nervous investors on Wall Street who were still trying to digest the company’s most recent earnings report.
Musk's decision, as reported by The Information, to dismiss the head of the business, Rebecca Tinucci, and most or all of the staff that operated and maintained the system left officials at automakers and Tesla suppliers uncertain about the future.
Tesla is voluntarily recalling nearly 4,000 Cybertrucks due to a problem with the accelerator pedal while Elon Musk recently dropped down the list of the world’s richest people.