An accident and autopilot: Tesla settles fatal crash lawsuit
Tesla has settled a lawsuit over a fatal accident that occurred in 2018 while the company was operating an autopilot.
Here's What We Know
Wei Long Huang's family filed a lawsuit against Tesla for damages due to the death that occurred while using the autopilot system. In the lawsuit, Huang's family blamed the defects of the autopilot, which is allegedly still imperfect and cannot avoid a disaster. Elon Musk's company decided to settle the matter amicably to avoid a trial that could draw attention to the autopilot technology.
This decision was probably made because in a few months, a self-driving taxi will be released, which will feature this technology. Testimony in court about the accident could have highlighted the problems with autonomous driving software.
The details of the settlement with the family of the deceased have not been disclosed, and Tesla has filed documents with the court to avoid public attention.
Elon Musk, Tesla's CEO, said that their self-driving technology would generate hundreds of billions of dollars in revenue. Investors used his statements to justify the company's high valuation on the stock market. Tesla is worth more than any other automaker, despite the fact that its shares have fallen in recent months.
Source: The New York Times