The autonomous program isn’t meant for most types of driving, and the automaker compares its new luxury vehicles to older, cheaper cars. After years of hype about its autonomous driving system, the facts are coming out about how safe Tesla and Autopilot really are. Elon Musk’s company admits three of its vehicles have crashed while […]
Read more "How Tesla and Elon Musk Exaggeraged Safety Claims About Autopilot and Cars"In an SEC filing just three days after the fatal accident. Apparently, a crash related to Tesla’s autopilot feature was material, before it wasn’t. On Tuesday, Fortune reported that Elon Musk and Tesla Motors TSLA 0.45% may have withheld a material fact from shareholders when it failed to disclose that a driver had died using […]
Read more "The Case for the SEC Investigation on Tesla"The US Securities and Exchange Commission is investigating Tesla for a possible securities-law violation, according to the Wall Street Journal. The inquiry — at its early stages — is in connection to Tesla’s failure to disclose a fatal crash involving one of the company’s Autopilot-equipped cars to investors, the newspaper said, citing a person familiar with the matter. “Tesla […]
Read more "Report: SEC is investigating Tesla for possible violation of securities law"