tesla model s price

Tesla wins bellwether trial over Autopilot car crash

24Apr

By adminNo Comments

Technology

Tesla wins bellwether trial over Autopilot car crash

[ad_1] A California state court jury on Friday handed Tesla Inc a sweeping win, finding the electric vehicle maker's Autopilot feature did not fail in what appeared to be the first trial related to a crash involving the partially automated driving software.Tesla has been testing and rolling out its Autopilot and more advanced "Full Self-Driving (FSD)" system, which Chief Executive Elon Musk has touted as crucial to his company's future but which has drawn regulatory and legal scrutiny. Los Angeles resident Justine Hsu sued in 2020, saying her Tesla Model S swerved into a curb while on Autopilot, and an airbag was deployed "so violently it fractured Plaintiff's jaw, knocked out teeth, and caused nerve damage to her face.” She alleged defects in the design of Autopilot and the airbag, and...

Tesla Slashes Model S and X Prices for the Second Time This Year

[ad_1] Tesla Inc. reduced prices of its more expensive models again, days after Elon Musk said cuts earlier this year had piqued interest in the company's electric vehicles.The company lowered prices of the higher-performance Plaid versions of each vehicle by 4.3% and 8.3%. At $109,990, Plaid iterations of the S and X now cost $26,000 and $29,000 less than they did in early January. Musk said last week that desire to own Teslas was “indistinguishable from infinite,” and that demand will “go crazy” as the company makes its cars more affordable. Reducing prices of S and the X models again suggests those vehicles may have gotten less of a boost from cuts the company made across its lineup seven weeks ago.“We found that even small changes in the price have a big effect on demand, very big,...

Ford Slashes Electric Mustang’s Price in Response to Tesla

[ad_1] Ford Motor Co. is slashing the price of its electric Mustang Mach-E by an average of $4,500 in response to Tesla Inc.’s own recent cuts, stepping up the price wars in a slowing EV market. Ford Motor Co. is slashing the price of its electric Mustang Mach-E by an average of $4,500 in response to Tesla Inc.'s own recent cuts, stepping up the price wars in a slowing EV market. The discount comes on a model that Ford has already described as unprofitable, but the automaker said it hopes to offset further margin deterioration by boosting production 67% this year. The move, along with discounted financing rates as low as 5.3% on the Mach-E, is meant to counter Tesla's decision to cut prices across its lineup by as much as 20%. It also brings the Mach-E in line with new caps on EV...