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      Tesla shareholder suit says Musk and co. lied about Full Self-Driving safety

      news.movim.eu / ArsTechnica · Tuesday, 28 February, 2023 - 21:29

    Aerial view of cars parked in a Tesla factory parking lot. A Tesla logo is painted on the concrete.

    Enlarge / Cars parked at the Tesla Fremont Factory in Fremont, California, on February 10, 2022. (credit: Getty Images | Josh Edelson)

    A class-action complaint alleges that Tesla and CEO Elon Musk repeatedly made false statements about the capabilities and safety of the electric carmaker's Autopilot and Full Self-Driving (FSD) technology.

    The complaint , filed Monday in US District Court for the Northern District of California, comes less than two weeks after a recall of 362,758 cars based on a US government finding that Tesla's "FSD Beta system may allow the vehicle to act unsafe around intersections, such as traveling straight through an intersection while in a turn-only lane, entering a stop sign-controlled intersection without coming to a complete stop, or proceeding into an intersection during a steady yellow traffic signal without due caution." The problem is slated to be fixed by an over-the-air software update.

    The lawsuit was filed by investor Thomas Lamontagne and seeks to represent a proposed class of potentially thousands of people who acquired Tesla stock. Tesla, Elon Musk, and other Tesla executives "made materially false and misleading statements regarding the Company's business, operations, and prospects," the lawsuit said, continuing:

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      Elon Musk cashes in $6.9 billion of Tesla stock, just in case

      news.movim.eu / ArsTechnica · Wednesday, 10 August, 2022 - 15:42

    Photo illustration by Chesnot/Getty Images

    Enlarge / Photo illustration by Chesnot/Getty Images

    Within weeks of the Twitter board's approval of Elon Musk's unsolicited bid to take the company private, the South African-born billionaire came down with a severe case of buyer's remorse. Twitter was not happy, and after Musk decided not to go through with the purchase , the social media company quickly sued him . In advance of the trial, set for October despite Musk's attempts to push it back to 2023, Elon Musk is apparently preparing for the worst-case scenario of being forced to consummate the deal.

    With Tesla stock on a rebound, Musk has just sold $6.9 billion worth of shares in his electric car company, a move disclosed in regulatory filings on Tuesday. Musk got an average of $869 for the shares, which is significantly more than the $628 that TSLA shares were trading at in late May. TSLA had hit its 2022 peak of $1,145 on April 4, the day after Musk revealed his purchase of 9.2 percent of Twitter's outstanding shares.

    In late April, after announcing his plans to buy Twitter, Musk unloaded $8.5 billion in Tesla stock , saying at the time that there were "no further TSLA sales planned after today."

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      Tesla must tell NHTSA how Autopilot sees emergency vehicles

      Jonathan M. Gitlin · news.movim.eu / ArsTechnica · Wednesday, 1 September, 2021 - 14:38

    Tesla

    Enlarge / Tesla's Autopilot system is good at keeping pace with moving traffic, but it keeps crashing into emergency responders parked by the side of the road. The NHTSA wants to know why. (credit: Tesla)

    The National Highway Traffic Safety Administration investigation into Tesla's Autopilot driver assistance system continues apace. The Associated Press reports that on Tuesday, the NHTSA sent Tesla a letter requesting further information following 12 incidents of Autopilot-enabled Teslas crashing into emergency vehicles parked by the side of the road. In total, 17 people have been injured, and one has died.

    The NHTSA sent Tesla the 11-page letter asking for detailed information on how Autopilot recognizes and reacts to emergency vehicles. The company must respond by October 22 unless it asks for an extension, and the AP says Tesla could be fined $114 million if it does not cooperate.

    Specifically, the agency wants to know how the system detects "a crash scene, including flashing lights, road flares, reflectorized vests worn by responders, and vehicles parked on the road." Additionally, Tesla must tell NHTSA how Autopilot works in low-light conditions and what happens if the system detects an emergency.

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      Voitures électriques 2021 : prix, autonomie... tous les modèles disponibles en France

      Maxime Claudel · news.movim.eu / Numerama · Thursday, 26 August, 2021 - 14:31

    En 2021, le segment de la voiture électrique est occupé par de plus en plus de constructeurs. En France, le marché réunit plusieurs dizaines de modèles, répartis entre plusieurs marques (Renault, Ford, Peugeot, Tesla, Audi…). Voici la liste complète. [Lire la suite]

    Voitures, vélos, scooters... : la mobilité de demain se lit sur Vroom ! https://www.numerama.com/vroom/vroom//

    L'article Voitures électriques 2021 : prix, autonomie… tous les modèles disponibles en France est apparu en premier sur Numerama .

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      Tesla owner who “drives” from back seat got arrested, then did it again

      Jon Brodkin · news.movim.eu / ArsTechnica · Thursday, 13 May, 2021 - 18:57 · 1 minute

    Interior of a Tesla Model 3, with a mounted device showing an area map and directions.

    Enlarge / Interior of a Tesla Model 3. (credit: Tesla )

    The California Highway Patrol said it arrested a man seen riding in the back seat of a Tesla Model 3 that had no one in the driver's seat. Param Sharma, 25, was arrested "and booked into Santa Rita Jail" on counts of reckless driving and disobeying an officer, the department said in a statement Tuesday. Sharma was arrested after multiple 911 calls on Monday around 6:30 pm reported a driverless vehicle "traveling eastbound on I-80 across the San Francisco-Oakland Bay Bridge toward the city of Oakland," police said.

    Sharma spent a night locked up, and he "committed the same crime shortly after being released from jail," according to a story yesterday by KTVU Fox 2 :

    Param Sharma met KTVU's Jesse Gary in San Francisco Wednesday afternoon, not far from his mother's high-rise apartment. After getting out of jail on two counts of reckless driving, he pulled up sitting in the back seat of a Tesla with no one in the driver's seat.

    When asked if he purchased a new Tesla after the previous one was impounded he said, "Yeah, I'm rich as (expletive). I'm very rich."

    "I feel safer back here than I do up there," Sharma also told KTVU from the right-rear passenger seat.

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      Musk: Bitcoin is bad for climate (and you can’t buy Teslas with it anymore)

      Tim De Chant · news.movim.eu / ArsTechnica · Thursday, 13 May, 2021 - 16:00

    A casually dressed man appears flip during a presentation.

    Enlarge / Elon Musk in 2020. (credit: BRENDAN SMIALOWSKI / Getty )

    Tesla CEO Elon Musk announced on Wednesday that Tesla would stop taking bitcoin as payment for the company’s electric vehicles. The change comes less than two months after the automaker began accepting the cryptocurrency. Why the about-face? Musk now says he has concerns over bitcoin’s carbon footprint.

    Tesla’s purchase policy wasn’t the company’s only bitcoin-related announcement that has made waves. In February, the electric automaker disclosed that it had taken a $1.5 billion stake in the currency. Cryptocurrency promoters rejoiced at the string of announcements—Tesla’s moves had bolstered the currency’s legitimacy, and bitcoin’s price against the dollar surged over 15 percent in the wake of the disclosure.

    But environmentalists despaired—the carbon footprint of purchasing a Tesla with bitcoin was so large that it swamped any emissions savings from driving it. Today, Musk appears to share that assessment. “We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel,” Musk wrote in a tweet.

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      Fatal Tesla Model S crash unlikely to involve Autopilot, according to NTSB

      Jonathan M. Gitlin · news.movim.eu / ArsTechnica · Tuesday, 11 May, 2021 - 13:57 · 1 minute

    A red sedan cruises down a tree-lined highway.

    Enlarge (credit: Andrei Stanescu / Getty Images )

    On Monday afternoon, the National Transportation Safety Board released a preliminary report for its investigation into a crash of a Tesla Model S that killed the driver and passenger in Texas earlier in April. The crash made headlines because no one was found in the driver's seat , raising suspicions that Tesla's Autopilot driver-assistance system was involved in the deaths. This now seems unlikely—the NTSB says that video footage shows the occupants getting into the front seats of the car shortly before the crash. Additionally, the NTSB was unable to engage a component of Autopilot on the stretch of road where the crash happened.

    The crash occurred on April 17 in Spring, located in Harris County, Texas. According to the NTSB report, footage from the owner's home security system shows that the driver and a passenger entered the car at the owner's house. They then traveled approximately 550 feet (167 m) "before departing the road on a curve, driving over the curb, and hitting a drainage culvert, a raised manhole, and a tree." At this point, the Tesla's lithium-ion traction battery was damaged and caught fire.

    The fire also destroyed the on-board storage of the Tesla's infotainment system, but the NTSB says it recovered a fire-damaged restraint control module that can "record data associated with vehicle speed, belt status, acceleration, and airbag deployment." This module has been taken to the NTSB's recorder laboratory for further testing.

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      #Tesla car crash : "about 30,000 gallons of water to eventually put the fire out because the battery kept reigniting"

      Mathias Poujol-Rost ✅ · Wednesday, 21 April, 2021 - 13:41 edit

    Elon Musk claims autopilot was not used in fiery Tesla crash that killed 2 people in The Woodlands

    30000 gallons = circa 136000 litres.

    Via https://arstechnica.com/cars/2021/04/cops-almost-99-9-sure-tesla-had-no-one-at-the-wheel-before-deadly-crash/

    #electron #electricCar #electricCars #Electric_Vehicle #battery 

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      Tesla : l’Autopilot par abonnement sera lancé avec un peu de retard

      Maxime Claudel · news.movim.eu / Numerama · Tuesday, 2 March, 2021 - 12:49

    Attendu pour le début de cette année, l'abonnement pour l'Autopilot des Tesla ne sera finalement pas disponible avant le deuxième trimestre. Ce qui peut nous conduire jusqu'en juin. [Lire la suite]

    Voitures, vélos, scooters... : la mobilité de demain se lit sur Vroom ! https://www.numerama.com/vroom/vroom//

    L'article Tesla : l’Autopilot par abonnement sera lancé avec un peu de retard est apparu en premier sur Numerama .