Jesus Christ
On Tuesday, Tesla’s market cap hit $83 billion, making it the most valuable car company in American history (not accounting for inflation), besting Ford’s market value of $81 billion in 1999, according to data from Dow Jones. By Friday’s market close, Tesla’s market cap had crept all the way up to $85.8 billion. That is close behind the $87 billion combined market cap of GM and Ford.
not bad for a company with 1.3% of the market share
NHTSA opens investigation regarding Teslas acceleration on their own during parking.
https://www.caranddriver.com/news/a3...investigation/
This shit is always a dumb driver simply hitting the gas instead of the brake, and then hitting it harder to stop and speeding up.
Waddap its ya boi Elon
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Ya, 99.9% of the time it's human error, but we can't just pass it off as that when there have been lives lost due to mechanical failures that have caused accelerators to get stuck. Hasn't happened with Tesla, but thay hardly means it can't. I'd rather them play it super cautious and investigate instead of hoping there's not a flaw in the system.
The most basic one that blows my fucking mind is people that double up floor mats or don't secure them. I see it about 2-3 times a week. Mats slide forward and bunch up, gas pedal gets stuck behind it, disaster ensues.
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Had a '96 Mustang that randomly wanted to accelerate. Happened twice in my presence and who knows how much for my dad or others who drove it. Fortunately there was never an accident as a result, but being at a stop light and suddenly feeling like you're about to drag race wasn't a good feeling.
Yeah, you're not wrong. Probably all explainable but still going to investigate. It may be a short investigation though...Tesla's response points out that the suit was requested by a known Tesla short.
LoL at double floor mats. What are people thinking, they need to keep the factory mats clean?
Clearly nobody is buying the unintended acceleration lawsuit, because the stock just hit a market capitalization of 100 billion dollars for the first time this morning.
Sometimes shorts lawsuits are very useful to keep companies honest, like the Lumber Liquidators formaldehyde flooring lawsuit.
https://www.latimes.com/business/la-...312-story.html
But like, it's not illegal unless you engage in fraud or something. If the shorts were conspiring to get people to make up unintended acceleration events that would be illegal, but as far as we can tell they are just trying to capitalize on existing genuine unintended acceleration events (that are almost certainly dumbasses simply hitting the wrong pedal).
so they're kosher because they're disingenuous but not deceitful, cool
nuance between synonyms~
https://www.theverge.com/2020/1/21/2...ive-first-look
GM has unveiled their version of a self-driving car called "The Origin." The car has no steering wheel or pedals removing the driver assistance option.
Its official name is “Origin,” and Kyle Vogt, the co-founder and chief technology officer of Cruise, is clearly excited to be showing it off. With a broad smile, he reaches out and touches a button on the side, causing the doors to slide open with a little whoosh like something out of Star Wars.
Inside are two bench seats facing each other, a pair of screens on either end... and nothing else. The absence of all the stuff you expect to see when climbing into a vehicle is jarring. No steering wheel, no pedals, no gear shift, no cockpit to speak of, no obvious way for a human to take control should anything go wrong. There’s a new car smell, but it’s not unpleasant. It’s almost like cucumber-infused water.
“The way vehicles are designed, normally they have a hood in the front where the engine is and some storage in the trunk,” Vogt says, as we sit across from each other. “But when you don’t need all that stuff... we can have this enormous, spacious cabin without taking up any more space on the road than a regular car would. Which is kind of insane.”
“By the time this vehicle goes into production, we think the core software that drives our AVs will be at a superhuman level of performance and safer than the average human driver,” he says. “And we’ll be providing hard empirical evidence to back up that claim before we put people in a car without someone in it.”
may i be the first on BG to say that thing looks like an abomination?
Still looks better than the truck. At least this actually is a robot and looks the part.
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Woke up this morning to find TSLA is over $700/share...it’s getting a bit crazy. It’s only going to go up even higher after battery day.