Connect with us

News

Tesla, Volvo among five carmakers under NHTSA investigation for ADAS crashes

(Credit: Gabeincal)

Published

on

Tesla, Volvo, Cadillac, Lexus, and Navya are five car companies under investigation by the National Highway Transportation Safety Administration (NHTSA) for crashes that occurred while Advanced Driver Assistance Systems were activated, the agency said.

The NHTSA released a list of 36 total accidents that occurred in the United States, dating back as far as June 2016. Of the 36 accidents, 30 of them involve Tesla vehicles. Not all of the Teslas listed were utilizing Autopilot, however. Three of the Teslas listed have their cases described as “Electric Vehicle – Not in Autopilot,” according to the list that the NHTSA provided to Teslarati. Additionally, one incident hasn’t been confirmed of whether a Tesla Model S utilized Autopilot during the time of its crash. Five accidents are listed as “More Over Law Special Study,” while one is listed as “Heavy Truck Underride.”

The NHTSA did not provide a statement.

Tesla’s Autopilot systems, despite being proven through statistics to make vehicles nearly 10 times less likely to be involved in an accident compared to a human driver, are still widely considered controversial by many who have not experienced the system. Autopilot is not fully autonomous, and Tesla has never claimed that its vehicles should be operated without the driver paying attention to road conditions or surroundings. However, the company has implemented several safety features to ensure that drivers are paying attention during the use of Autopilot or the Full Self-Driving suite.

Advertisement

On the list are several notable accidents that are recent. One involves the Model S crash in Texas that killed two after catching fire. The NHTSA already performed a preliminary investigation on the accident and determined that Autosteer could not have be engaged where the accident took place.

The NHTSA said:

“The vehicle was equipped with Autopilot, Tesla’s advanced driver assistance system. Using Autopilot requires both the Traffic-Aware Cruise Control and the Autosteer systems to be engaged. 2 NTSB tests of an exemplar car at the crash location showed that Traffic-Aware Cruise Control could be engaged but that Autosteer was not available on that part of the road.”

Another accident, which was listed as “Heavy Truck Underride,” involved a Model Y in Detroit. Despite the local Police department stating that reckless driving was the likely cause of the crash, the NHTSA is still investigating the accident.

Advertisement

Tesla Model Y crash in Detroit likely caused by reckless driving, not Autopilot: police

Volvo is among the other manufacturers on the list, with a March 2017 and a March 2018 accident involving its XC90. The 2017 accident resulted in minor injuries, while the 2018 incident was fatal to the passenger. The XC90 was utilizing ADAS during both accidents, the NHTSA chart says. The Lexus RH450H, the Cadillac CT6 (listed twice), and the Navya Arma were also all listed with ADAS case types, but all of these vehicles had no injuries due to the accidents.

Update: Volvo reached out to Teslarati and indicated that both of their investigations were from Uber test vehicle incidents. The company told us:

“It’s important to note that, to the best of our knowledge, both lines in the NHTSA chart marked as ”XC90” are Uber test vehicle incidents. At the time of the fatal incident, Volvo’s automatic emergency braking system was deactivated for Uber’s testing purposes.”

Advertisement

Joey has been a journalist covering electric mobility at TESLARATI since August 2019. In his spare time, Joey is playing golf, watching MMA, or cheering on any of his favorite sports teams, including the Baltimore Ravens and Orioles, Miami Heat, Washington Capitals, and Penn State Nittany Lions. You can get in touch with joey at joey@teslarati.com. He is also on X @KlenderJoey. If you're looking for great Tesla accessories, check out shop.teslarati.com

Advertisement
Comments

Investor's Corner

Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’

Published

on

Credit: MarcoRP | X

Tesla short seller Michael Burry, the subject of the film “The Big Short,” where he was portrayed by Steve Carell, has revealed he has opened a new bet against the stock.

In a new update to his Substack newsletter in a post titled “Trading Post June 30, 2026,” Burry revealed a new set of bets against Tesla, Caterpillar, NVIDIA, Applied Materials Inc., and the iShares Semiconductor ETF.

In regard to Tesla, Burry wrote:

“And finally I shorted Tesla at 416.22. Happy it jumped back to this level.”

Advertisement

This means Burry likely opened his new short position after the company’s recent rally on Wall Street, which saw Tesla shares sink in mid-May, only to recover to well over the $400 mark. Currently, shares trade at around $427.

The company saw a big Tuesday as shares climbed considerably, over 10 percent. The size of the Tesla short was not provided, nor did Burry give any information on the position’s structure, the number of shares, dollar value, or whether options were used in the short.

The Tesla and SpaceX merger everyone is talking about is quietly building

Over the years, Burry has been one of the more vocal critics of Tesla, calling its share price “media inflated,” and saying it was “ridiculously overvalued” as recently as December.

Advertisement

The company has largely transitioned away from being known as an automotive company and instead is much more widely regarded as an AI play, mostly due to its Full Self-Driving efforts, Optimus robot development, and data collection related to both.

This has not pulled those skeptics away from being vocal about their distaste for how Tesla is valued, but there’s no denying that the company is a global force in many things, including sustainable energy, automotive, and AI.

Continue Reading

Investor's Corner

SpaceX gets initial stock coverage from Tesla’s biggest bull

Published

on

SpaceX Starship V3 flight 12
SpaceX Starship V3 flight 12 (Credit: SpaceX)

Wedbush Securities is initiating stock coverage on SpaceX (NASDAQ: SPCX), marking the first comments on the company since it went public several weeks ago. Wedbush and its analyst handling coverage, Dan Ives, are widely bullish on fellow Musk company Tesla (NASDAQ: TSLA).

Ives wrote his first note initiating coverage of SpaceX shares on Wednesday with a $190 price target and an ‘Outperform’ rating. The firm believes the company is well positioned off of its IPO because of its wide array of projects, including AI compute power and infrastructure, connectivity projects, and launches.

“We view SpaceX as one of the most differentiated assets within the tech market with a strong footprint across its three core markets, with Starlink driving success with connectivity,” Ives wrote, “Starship launches leading to a demand flywheel and increasing deal flow for its Colossus clusters.”

Elon Musk called it Epic: The full story of SpaceX’s Starship Flight 12

Advertisement

Wedbush leans heavily on Starlink, which they say is the “profitability driver given the strength of its recurring revenue base of ~12 million subscribers as of June 5th.” Ives believes Starlink is still in the “early innings” of penetrating the global telecommunications and broadband market, as it only holds less than a 1 percent share. However, this number is sure to increase over time.

It also highlights the importance of Starship, which it says is an “essential layer” of SpaceX’s overall success. SpaceX developing and displaying the ability to reuse rockets is a major cost and reliability advantage “as it reduces the necessary hardware launch costs while generating a feedback loop for future flights to improve their launch flight rate without accelerating capex spend.”

Finally, SpaceX’s recent AI/Compute projects are also very elementary, Ives writes. It is worth mentioning Wedbush said its $190 price target is derived from a valuation forecast that sees the company yielding roughly $2.48 trillion of implied enterprise value.

There are also some factors that Wedbush did not take into account with its initial coverage. The firm wrote in the note:

Advertisement

“We note that there is optional value coming from Starship’s accelerating scale towards sub-$200/kg unit economics, orbital data centers, and enterprise AI monetization as these factors could drive meaningful upside but these face major hurdles, so we do not take that into account with our valuation.”

SpaceX shares are down just over 2 percent today, trading at around $167 at the time of publication.

Continue Reading

News

Tesla expands massive safety feature worldwide in latest update

Published

on

Credit: Tesla

Tesla has expanded the footprint of a massive safety feature worldwide with a recent Software Update labeled as 2026.20.6. The expansion of the “Blind Spot Warning While Parked” feature represents the more widespread availability of the feature, which aims to prevent “dooring.”

Dooring is when a driver or passenger opens a car door into the path of an oncoming road user, usually a cyclist or motorcyclist. It is among the most common types of cycling accidents, the League of American Bicyclists says.

For this reason, Tesla created a feature that warns occupants not to open the door because an object is approaching. The feature will sound a chime, and it will also delay the opening of the door to prevent an incident.

The release notes state (via Not a Tesla App):

Advertisement

“If you attempt to open a door while an approaching object is detected in your blind spot (for example, a bicyclist approaching from behind) a chime sounds, and your door will not open upon initial button press. Wait a short time and press the button a second time to override the warning.”

Tesla initially rolled out this feature back in 2024 with the Model 3 “Highland.” However, it remained with the Model 3 exclusively for over a year; that was until Tesla added it to the Cybertruck this past Spring.

Now, it is making its way to the new Model Y, 2021 and newer Model S, and 2021 or newer Model X.

The prevention of dooring incidents could eliminate many injuries to cyclists, especially in an urban setting. Dooring accounts for 10-20 percent of bike-related crashes in major cities, and over 17,000 dooring-related incidents were treated in the U.S. over the course of a decade. These usually involve fractures, contusions, and head trauma.

Advertisement
Continue Reading