rtmark
LearnBonds.com

Tesla Motors Inc (TSLA) Autopilot System Saves Man’s Life

Tesla Inc stock flies on china deal Model X Falcon Wing Doors

According to emerging reports, a man from Missouri has said that his Tesla Motors Inc  electric vehicle saved his life by driving him to a hospital. Joshua Neally, a lawyer from Springfield, Missouri, was taken to hospital by his Tesla Model X EV while it was in Autopilot mode. There have been a number of incidents/crashes involving Tesla’s Autopilot system, raising questions over its safety.

Tesla Motors Inc (NASDAQ:TSLA) Autopilot
Source: Tesla Motors Inc

Tesla Motors Inc (TSLA) Florida Autopilot Crash

In May 2016, a Model S crashed while it was in Autopilot mode in the state of Florida, resulting in the death of the driver. The driver has since been named as Joshua Brown. A recently published preliminary report found that his car was speeding (travelling at 74 MPH in a 65 MPH zone) when the crash occurred.

Despite the incidents,  Tesla Motors Inc’s  EVs (while driving in Autopilot) have had less crashes per mile than cars being driven entirely by humans. CEO of Tesla, Elon Musk, has insisted that the system is safe, and he has said that drivers need more education on how to use it properly. The car maker has specifically pointed out that drivers should have their hands on the steering wheel at all times.

Further Details: Tesla Motors Inc Model X Saves Driver

An article published on CNBC on the 05/08/2016 provides more info on how the Model X saved the driver. It reads “Neally told online magazine Slate that Autopilot drove him 20 miles down a freeway to a hospital, while Neally suffered a potentially fatal blood vessel blockage in his lung, known as a pulmonary embolism. The hospital was right off the freeway exit, and Neally was able to steer the car the last few meters and check himself into the emergency room.”

As the NASDAQ closed on the 05/08/2016, a share in Tesla Motors Inc  had lost 0.25% of its value ($0.58) on the day, trading at $230.03. The firm currently has a market cap of $34.27 billion.

Trusted & Regulated Stock & CFD Brokers

Rating

What we like

  • 0% Fees on Stocks
  • 5000+ Stocks, ETFs and other Markets
  • Accepts Paypal Deposits

Min Deposit

$200

Charge per Trade

Zero Commission

Rating

64 traders signed up today

Visit Now

75% of investors lose money when trading CFDs.

Available Assets

  • Total Number of Stocks & Shares5000+
  • US Stocks
  • German Stocks
  • UK Stocks
  • European
  • ETF Stocks
  • IPO
  • Funds
  • Bonds
  • Options
  • Futures
  • CFDs
  • Crypto

Charge per Trade

  • FTSE 100 Zero Commission
  • NASDAQ Zero Commission
  • DAX Zero Commission
  • Facebook Zero Commission
  • Alphabet Zero Commission
  • Tesla Zero Commission
  • Apple Zero Commission
  • Microsoft Zero Commission

Deposit Method

  • Wire Transfer
  • Credit Cards
  • Bank Account
  • Paypall
  • Skrill
  • Neteller

Rating

What we like

  • Sign up today and get $5 free
  • Fractals Available
  • Paypal Available

Min Deposit

$0

Charge per Trade

$1 to $9 PCM

Rating

Visit Now

Investing in financial markets carries risk, you have the potential to lose your total investment.

Available Assets

  • Total Number of Shares999
  • US Stocks
  • German Stocks
  • UK Stocks
  • European Stocks
  • EFTs
  • IPOs
  • Funds
  • Bonds
  • Options
  • Futures
  • CFDs
  • Crypto

Charge per Trade

  • FTSE 100 $1 - $9 per month
  • NASDAQ $1 - $9 per month
  • DAX $1 - $9 per month
  • Facebook $1 - $9 per month
  • Alphabet $1 - $9 per month
  • Telsa $1 - $9 per month
  • Apple $1 - $9 per month
  • Microsoft $1 - $9 per month

Deposit Method

  • Wire Transfer
  • Credit Cards
  • Bank Account
All trading carries risk. Views expressed are those of the writers only. Past performance is no guarantee of future results. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. This website is free for you to use but we may receive commission from the companies we feature on this site.
Avatar