Tesla Drivers Rank Highest in Accidents — BMW Drivers Dominate DUI Incidents, Reveals Study
Portfolio Pulse from Benzinga Neuro
A LendingTree study reveals Tesla Inc. (NASDAQ:TSLA) drivers have the highest accident rate, with 24 accidents per 1,000 drivers, while BMW drivers lead in DUI incidents in the U.S. The study comes amid Tesla's recall of nearly 2 million vehicles due to Autopilot software issues, raising concerns about the company's safety practices and Autosteer feature.
December 20, 2023 | 1:28 am
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NEGATIVE IMPACT
Tesla's high accident rate and recent Autopilot recall could negatively impact investor sentiment and potentially affect stock price in the short term.
The negative publicity from the high accident rate and the Autopilot recall could lead to increased regulatory scrutiny and impact consumer trust, potentially affecting sales and stock performance. However, the long-term impact will depend on Tesla's response and any resulting changes in safety measures.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 90