Tesla Settles Lawsuit Over Autopilot Crash Death Of Apple Engineer

RTTNews | 67 일 전
Tesla Settles Lawsuit Over Autopilot Crash Death Of Apple Engineer

(RTTNews) - Luxury electric vehicle maker Tesla Inc. has reached a settlement with the family of a former Apple engineer, who died in a crash while his vehicle was in Autopilot automated-driving mode, reports said. However, terms of the settlement are not known.

Walter Huang's family filed the suit after he was killed in March 2018 when his Tesla Model X struck a concrete highway median in Silicon Valley. The settlement was reached just prior to the initiation of the lawsuit trial that was set for Monday.

Tesla's Autopilot is an advanced driver assistance system with features intended to make driving safer and less stressful.

Tesla and its CEO Elon Musk have always been of the view that its Autopilot and Full Self-Driving technologies are much ahead of competing vehicles.

Meanwhile, Huang's family accused that Tesla oversold its Autopilot technology's capabilities, and that it is not as safe to use as advertised.

Following the incident, the National Transportation Safety Board, in its investigation, found that Autopilot was engaged for nearly 19 minutes before the fatal crash.

While giving an update about the accident back in 2018, Tesla had stated that the driver had received several visual and one audible hands-on warning earlier in the drive and the driver's hands were not detected on the wheel for six seconds prior to the collision. The company also noted then that the crash was so severe as the crash attenuator, a highway safety barrier which is designed to reduce the impact into a concrete lane divider, had been crushed in a prior accident without being replaced.

Tesla has faced many lawsuits in the past years over vehicle crashes connected to its Autopilot technology.

According to the National Highway Traffic Safety Administration or NHTSA, the Autopilot system can give drivers a false sense of security, and that it can be easily misused in certain dangerous situations.

Following NHTSA's report in December 2023 after a two-year probe into crashes involving Tesla vehicles with driver-assistance technology, the company recalled around 2 million Tesla cars to fix safety issues in its Autopilot advanced driver-assistance system.

The recall reportedly included almost all Tesla vehicles sold in the U.S. since the Autopilot feature was launched in 2015.

In January, Tesla also called back over 1.6 million cars in China to fix issues with Autopilot features and door locks.

At present, Autopilot features come standard with all new Tesla vehicles. Meanwhile, Tesla has maintained that none of these features make its vehicles fully autonomous or replace the driver.

In its site, Tesla notes that Autopilot, Enhanced Autopilot and Full Self-Driving Capability are intended for use with a fully attentive driver, who has their hands on the wheel and is prepared to take over at any moment. The currently enabled features do not make the vehicle autonomous, it says.

On the Nasdaq, Tesla shares are currently trading at $176.01, up 1.8%.

read more
Tesla Stockholders Approve Elon Musk's $56 Bln Pay Package, Moving To Texas

Tesla Stockholders Approve Elon Musk's $56 Bln Pay Package, Moving To Texas

Elon Musk, the founder and CEO of Tesla Inc., turned victorious after shareholders approved two major resolutions during Thursday's annual general meeting, including his $56 billion pay package, which was voided by a Delaware judge earlier this year. The luxury electric car maker's shareholders also approved a resolution to move its incorporation to Texas, the base of its largest U.S. factory.
RTTNews | 1 일 전
Tesla Set To Raise Price Of Model 3 In EU From July

Tesla Set To Raise Price Of Model 3 In EU From July

Luxury EV maker Tesla is getting ready to increase the price of its Model 3 electric vehicle that are made in China and exported to the European Union from next month, according to a notice displayed on Thursday on Tesla's website for some of the EU block countries, including Germany, France, Ireland, Belgium and Hungary.
RTTNews | 2 일 전
Tesla Stock Up As Elon Musk Says Stockholders Set To Approve $56 Bln Pay Package

Tesla Stock Up As Elon Musk Says Stockholders Set To Approve $56 Bln Pay Package

Tesla Inc. shares were gaining around 8 percent in the pre-market activity on the Nasdaq on Thursday after its founder and CEO Elon Musk on late Wednesday said the shareholders are set to approve two Board resolutions, including his $56 billion pay package. The luxury electric car maker's shareholders have been voting on Musk's pay package as well as a resolution to move its incorporation to Texas
RTTNews | 2 일 전
EU To Impose Countervailing Duties Of Up To 38.1% On Chinese BEVs

EU To Impose Countervailing Duties Of Up To 38.1% On Chinese BEVs

The European Commission is set to impose countervailing duties of up to 38.1 percent on imports of battery electric vehicles (BEVs) from China. The Commission has provisionally concluded that the BEV value chain in China benefits from unfair subsidization as part of its ongoing investigation.
RTTNews | 3 일 전
Elon Musk Threatens To Ban Apple Devices Over OpenAI Deal

Elon Musk Threatens To Ban Apple Devices Over OpenAI Deal

Elon Musk, the founder and CEO of Tesla and SpaceX, among others, said he would ban Apple devices from his companies if the tech major incorporates OpenAI technology into its operating system. Musk, in a series of posts on his social media platform X, was responding to Apple's partnership with OpenAI, the developer of generative chatbot ChatGPT...
RTTNews | 4 일 전
Tesla Recalls Over 125K Vehicles For Seat Belt Warning Issue

Tesla Recalls Over 125K Vehicles For Seat Belt Warning Issue

Tesla Inc. (TSLA) is recalling 125,227 cars in the U.S. due to a software and sensor issue that prevents the seat belt warning system from activating, which may potentially increase the risk of injury in a collision, according to a statement by the National Highway Traffic Safety Administration (NHTSA) on Friday.
RTTNews | 15 일 전
Elon Musk Says He Favors No Tariffs On Chinese EVs

Elon Musk Says He Favors No Tariffs On Chinese EVs

Tesla founder and CEO Elon Musk, while speaking at a technology conference in Paris, said that he doesn't support President Biden's recent announcement of a tariff on imported Chinese-made electric vehicles. At the Viva Technology conference, Musk said, "Tesla competes quite well in the market in China with no tariffs and no deferential support... I'm in favor of no tariffs and no incentives...
RTTNews | 22 일 전
Tesla Slashes Car Prices In China After US Cuts

Tesla Slashes Car Prices In China After US Cuts

Tesla Inc. has cut prices across its various models in China, after similar cuts in the United States, as the luxury electric car maker is struggling with slower demand and severe competition. On the Nasdaq Stock Exchange, Tesla shares were down 3.4 percent in the initial trading, at $142.05.
RTTNews | 54 일 전