Tesla Strikes Back At Washington Post Over 'Egregious' Autopilot Article, Says 'Morally' Obligated To Expand Userbase
Portfolio Pulse from Anan Ashraf
Tesla Inc (NASDAQ:TSLA) defended its Autopilot system against a critical Washington Post article, emphasizing the system's safety and the moral imperative to expand its user base. Tesla refuted the article's claims by stating that Autopilot reduces crash incidence and that drivers maintain control even when using the system. The Washington Post reported on serious crashes involving Autopilot, suggesting Tesla has not taken steps to limit its use geographically, despite having the technical capability.
December 12, 2023 | 6:29 am
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Tesla Inc defends its Autopilot system's safety and criticizes a Washington Post article for misrepresenting the technology. Tesla argues for the moral necessity of making the system widely available, citing its life-saving potential.
Tesla's strong defense of its Autopilot system could reassure investors and potentially neutralize the negative impact of the Washington Post article. However, the ongoing scrutiny from media and regulators may maintain a level of uncertainty, leading to a neutral short-term impact on the stock.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100