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Tesla's Autopilot technology has struggled to detect crossing traffic and stopped vehicles, including stationary emergency vehicles, which has led to multiple fatal crashes. [169] [170] (Tesla released an "Emergency Light Detection" over-the-air update to Autopilot in September 2021, and the NHTSA questioned why it didn't issue a recall. [171])
The electric vehicle (EV) industry has struggled as pure plays like Tesla have mostly posted flat or disappointing growth, and legacy automakers like General Motors and Ford Motor Company have ...
Tesla also issued its sixth recall this year for the Cybertruck, this time over a faulty drive inverter component. Tesla wasn't the only EV stock to fall on the news. Why Tesla Stock Was Sliding Today
Tesla shares dropped as much as 5% before paring some of that drop. The stock was trading lower by 2% as of 2 p.m. ET. Negative sentiment may have been heightened by news from several of Tesla's ...
Tesla has set up mobile-shipping-container "stores" [9] and 6 Airstream travel trailers each pulled by a Model X, reaching areas not served by brick-and-mortar shops. [26] [27] Tesla's strategy of direct customer sales and owning stores and service centers is different from the standard dealership model in the US vehicle marketplace. [28]
Tesla's market has dipped below the $500 billion mark, currently resting at $487 billion, per Yahoo Finance data. Year to date, Tesla's stock is still up 24%, compared to a 5.6% advance for the S ...
This is a partial list of lawsuits involving Tesla, Inc, the American automotive and energy company, since 2008; as of August 2023, Tesla is party to over 1,750 lawsuits, [1] and as of September 2021, it is party to 200 in China alone. [2]
Tesla (NASDAQ:TSLA) stock is up another 21% in the past five days. The main catalyst for the move higher is a recently announced stock split planned for Aug. 31. Stock splits, of course, create no ...