Tesla shares crashed after a deadly accident

By: Eugene Sherban | 01.04.2018, 16:00

After   a deadly accident with   Uber drones a similar story happened and   from   Tesla X. After that, the capitalization of Tesla fell on   an impressive $ 14.6   billion

What happened

23   March at   highway Highway 101 in   Mountain View Tesla X   on   high-speed crashed into   concrete separator, incidentally hooking another 2   cars. The car completely turned the front part, the driver miraculously rescued from   burning machine (the battery ignited), but   he   died in   hospital.

What the Tesla investigation says

According to the investigation of the company, the car was driving on   route to   Autopilot, which signaled to the driver about   need to intercept control. " U   the driver was about 5 seconds and   approximately 150   meters of unobstructed view on   concrete separator with   bump-breaker, in order to have time to take measures to avoid a collision,   - it says in   answer. -   However, system logs show that it   not   took no action to prevent the accident. " The car itself was so worn out that the so-called " shock attenuator " on   road was affected by   another accident, but   road services are not   had time to replace it.

What's next

AND   although Tesla's guilt in   accident is not   recognized the attitude of people towards   drones are getting worse. Shares of the company to   end of March fell on   25% (this is a " record " for Tesla), and   The National Council for   security in   transport organized their own investigation. TO   what will it lead to   - not   clear. TO   example, on   after a recent accident with   involving the Uber autopilot, the Arizona authorities banned the company further tests of unmanned vehicles.

Source: Tesla