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Tesla Stock Falls After Autopilot Causes Another High-Profile Crash

Daniel Kim Views  

According to the Fullerton Police Department in California and the Los Angeles Times on the 14th, an accident involving a police cruiser and a Tesla on autopilot occurred at the intersection of Orangethorpe and Courtney avenues while a police officer was conducting a traffic stop.

At the time, the police car had its emergency lights on and several emergency signal lights were placed around it.

The officer stood outside the police car with its emergency lights on and the officer in the car managed to avoid injury just before the Tesla hit them.

The police emphasized, “Autopilot can be convenient, but you should always be alert and ready to take control of the driving at any time.”

The LA Times pointed out that this accident occurred just a few months after Tesla settled a lawsuit related to a fatal accident involving its autopilot mode.

In 2018, Walter Huang, an engineer at Apple, was killed when his Tesla Model X was on autopilot and suddenly veered off the road at about 70 miles per hour. He collided with a road divider and two other vehicles.

Following a recall related to the autopilot feature, Tesla faced another 20 collisions. In response, the NHTSA announced in April that it had launched an investigation into the appropriateness of Tesla’s recall measures.

On the day of the accident, Tesla’s stock price closed at $178.01, down 2.44% from the previous day.

Daniel Kim
content@viewusglobal.com

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