Tesla Breaks Silence On Vehicle Safety Data After A Year: Autopilot Boasts Lower Accident Risk Vs Manual Driving
Portfolio Pulse from Anan Ashraf
Tesla released its vehicle safety data report after over a year, showing a significantly lower crash rate for vehicles using Autopilot compared to manual driving. The report highlights a crash every 7.63 million miles for Autopilot versus every 955,000 miles for manual driving. Tesla also reported a lower vehicle fire rate compared to the national average. The company is focused on improving its full self-driving (FSD) software, though regulatory and safety concerns remain.
May 23, 2024 | 6:57 am
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Tesla's latest safety report shows a significantly lower crash rate for vehicles using Autopilot compared to manual driving. This positive data could bolster investor confidence in Tesla's autonomous driving technology, though regulatory and safety concerns remain.
The release of positive safety data for Tesla's Autopilot could boost investor confidence in the company's autonomous driving technology, potentially leading to a short-term increase in stock price. However, ongoing regulatory and safety concerns may temper this impact.
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