$TSLA

Tesla with Autopilot slams into truck stopped at red light

happened a few hours ago.

https://www.ksl.com/?sid=46319215&nid=148&title=police-tesla-slams-into-truck-stopped-at-red-light

From TSLA owner's manual.

“Traffic-Aware Cruise Control cannot detect all objects and may not brake/decelerate for stationary vehicles, especially in situations when you are driving over 50 mph (80 km/h) and a vehicle you are following moves out of your driving path and a stationary vehicle or object is in front of you instead.”
 
From TSLA owner's manual.

“Traffic-Aware Cruise Control cannot detect all objects and may not brake/decelerate for stationary vehicles, especially in situations when you are driving over 50 mph (80 km/h) and a vehicle you are following moves out of your driving path and a stationary vehicle or object is in front of you instead.”

That can be one of the major sticky points in a class action lawsuit against Tesla.
 
Another leader leaves Tesla !!!


=============================

By Reuters

May 16, 2017

SolarCity founder Lyndon Rive, who steered the dramatic growth of the biggest U.S. residential solar company before driving its sale to Tesla, is leaving the electric vehicle maker in June, he said on Monday.

In an interview, the former SolarCity chief executive said he wanted to start a new company next year and spend more time with his family. Rive had been serving as head of sales and services for Tesla’s energy division since last year.

Rive’s responsibilities will be distributed among Tesla leadership, Tesla said.
 
A slight diversion while we talk about TSLA as traders ...

Would a good (i.e. consistently profitable) trader buy Tesla cars given the near certain death in case of a battery fire? Should principles of trading stocks (or options, futures, bonds) apply to buying cars?

https://www.zerohedge.com/news/2018...ash-switzerland-killing-driver-trapped-inside

https://www.zerohedge.com/news/2018...s-ntsb-probing-horrific-tesla-deathtrap-crash

https://www.zerohedge.com/news/2018...days-after-bursting-flames-ntsb-probes-latest
 
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