Skip to content
Search AI Powered

Latest Stories

Tesla Stock Takes A Nosedive After Driver Admits 'Self-Driving' Feature Triggered Eight-Car Pile-Up

Elon Musk; screenshot of Tesla involved accident in Bay Bridge tunnel in San Francisco, California
Carina Johansen/NTB/AFP via Getty Images; ABC7 News

The accident last month reportedly happened 'just hours' after Musk announced the autopilot feature is available for 'anyone in North America who requested it.'

Tesla's stock value has been trending downward—down 65% from the beginning of the year—for some time now for many reasons including CEO Elon Musk selling off large quantities of his own shares in the company.

Recently revealed information about an accident in San Francisco last month definitely isn't helping.


An accident on Thanksgiving day involved a Tesla and 7 other vehicles in the Yerba Buena Island Tunnel—part of the San Francisco–Oakland Bay Bridge complex that crosses Yerba Buena Island.

It resulted in traffic in the tunnel being stopped while the accident was cleaned up and lead to significant travel delays and 2 minors being transported to the hospital.

A police report released Wednesday revealed the driver said they were using their Tesla's "full self-driving mode" (FSD) when the crash occurred.

The police report stated the Tesla was traveling down the tunnel at 55 MPH when it merged into the left lane and then braked suddenly, slowing to about 20 MPH and causing the vehicle behind it to collide with it.

Several more vehicles collided with the now stopped cars in a chain reaction of collisions.

You can see local Bay area news coverage here:

Tesla driver blames self-driving mode for 8-vehicle crash on Bay Bridgeyoutu.be

While police have been unable to determine whether self-driving mode was indeed engaged at the time of the accident, this is far from the only report of the manufacturer's advanced driver assistance systems (ADAS) malfunctioning.

The National Highway and Traffic Safety Administration (NHTSA) is currently investigating Tesla because of multiple reports of "unexpected brake activation"—often referred to as "phantom braking" by consumers.

According to a NHTSA document:

"The complaints allege that while utilizing the ADAS features including adaptive cruise control, the vehicle unexpectedly applies its brakes while driving at highway speeds."
"Complainants report that the rapid deceleration can occur without warning, at random, and often repeatedly in a single drive cycle."

According to CNBC, NHTSA is currently investigating 41 crashes involving Teslas where ADAS systems were involved. Fourteen of those 41 crashes resulted in fatalities.

Many people expressed concern over the possibility of a much worse accident.


Many were completely unsurprised by the continued downward spiral of Tesla's stock value.



FSD—which costs Tesla owners either a one-time payment of $15,000 or monthly payments of $199 to activate—is supposed to make driving easier and safer.

But it definitely seems to be missing the mark—at least sometimes.

And with vehicles that can weigh more than 4,000 pounds and routinely travel at highway speeds of 75 MPH, even an occasional miss is unacceptable.

More from People

Kid Rock
Todd Kirkland/Getty Images

Kid Rock Dragged After Donning A Truly Over-The-Top Outfit For His White House Visit

Singer Kid Rock was slammed for wearing a loud patriotic costume inside the Oval Office as Republican President Donald Trump signed an executive order on Monday against ticket scalping.

The rocker's outfit consisted of a red, white, and blue jacket emblazoned with two eagles facing each other above the American flag with the number 250, a nod to America's upcoming 250th anniversary, and white stars on his sleeves.

Keep ReadingShow less
Screenshot of Bill Cassidy
CNBC

MAGA Senator Just Said The Quiet Part Out Loud With Epic Freudian Slip About Medicare

Louisiana Republican Senator Bill Cassidy was widely mocked following his inconvenient slip of the tongue during a CNBC interview as he mused about finding ways to "cut" Medicare before quickly correcting himself.

The exchange occurred after host Rebecca Quick pressed Louisiana Republican and former physician Bill Cassidy on how his party intended to fund the “trillion-dollar tax cuts” sought by President Donald Trump.

Keep ReadingShow less
Screenshot of Tim Sheehy
CNN

GOP Senator Gets Blunt Reality Check After Comparing Trump Tariff 'Pain' To Home Renovation

Montana Republican Senator Tim Sheehy was criticized after he tried to compare the "short-term pain" of President Donald Trump's tariffs to home renovation, a claim so ridiculous that CNN's Kaitlan Collins quickly pushed back on the analogy.

Trump has repeatedly referred to April 2 as “Liberation Day,” pledging to impose tariffs—taxes on imports—to reduce U.S. reliance on foreign goods. He has framed these tariffs as “reciprocal,” aiming to match the duties other nations place on American exports.

Keep ReadingShow less
Susan Crawford; Elon Musk
Scott Olson/Getty Images (left and right)

Liberal Wisconsin Judge Calls Out Elon Musk In Victory Speech—And It's Everything

Liberal judge Susan Crawford called out billionaire Elon Musk in her victory speech after winning a seat on the Wisconsin Supreme Court, basking in successfully beating her Republican opponent Brad Schimel and ensuring that the nonpartisan court’s narrow 4-3 liberal majority remains intact despite Musk's efforts to sway the race.

Musk fueled the high-stakes race, having poured more than $20 million into supporting Schimel, according to state campaign records. That includes $3 million to the state Republican Party—$2 million of which was donated just last week. Due to state election laws, large contributions must be funneled through political parties before reaching candidates.

Keep ReadingShow less

People Describe The Worst 'Bonus' They've Ever Gotten At Work

Most of us have worked at one problematic workplace, with reasons ranging from toxic coworkers to terrible bosses to unlivable pay. Sometimes, it feels like a joke that the employees are even being paid at all!

But the biggest joke of all might be the end-of-year bonus, or lack thereof. They're at times so laughable, they take the cake for horrible work conditions, or are quite literally, a slice of cake.

Keep ReadingShow less