Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nasdaq  >  Tesla Inc.    TSLA

TESLA INC.

(TSLA)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Tesla : California highway barrier not repaired before fatal Tesla crash

share with twitter share with LinkedIn share with facebook
share via e-mail
0
09/09/2019 | 01:04pm EDT
FILE PHOTO - The logo of Tesla is seen on Model X electric car at showroom in Taipei

WASHINGTON (Reuters) - California state transportation officials failed to repair a highway safety device seriously damaged in a high-speed crash 11 days before a fatal collision in March 2018 involving a Tesla in Autopilot mode, the National Transportation Safety Board (NTSB) said Monday.

In the first crash, the NTSB said the driver of a 2010 Toyota Prius was traveling in excess of 75 miles per hour (121 km per hour) when the car struck a crash attenuator, which is designed to absorb crash forces before a vehicle hits a concrete median barrier. The driver survived with no major injuries.

In the second crash 11 days later, the driver of a 2017 Tesla Model X was going 71 mph (114 kph) when he struck the same attenuator on US-101 in Mountain View, California. The front of the Tesla separated from the rear and then collided with two other vehicles. The crash killed the driver of the Tesla, 38-year-old Apple engineer Walter Huang.

"The safety benefits of a functioning crash attenuator were demonstrated by the differences between the level of driver injuries in the two March 2018 crashes that took place at this location," the NTSB said.

The agency is still investigating the crash. Tesla and California did not immediately comment. The NTSB is investigating a number of crashes of Tesla vehicles in which the driver assistance system was in use. The system allows people to keep their hands off the wheel for extended periods.

The report said that after the March 11 crash the California Highway Patrol did not notify the California Department of Transportation of the damage to the attenuator as required.

The NTSB found "systemic problems within the California Department of Transportation (Caltrans) that negatively affect the timely repair of traffic safety hardware."

State workers discovered the damaged attenuator on March 20 but no date for replacement of the attenuator was scheduled. It was finally replaced three days after the fatal Tesla crash.

The NTSB said in the three years before the Tesla crash, the attenuator was struck at least five times, including one crash that resulted in fatal injuries and was struck again in May 2018.

The NTSB previously found problems with Caltrans maintenance after reviewing a 2016 fatal crash involving a motorcoach that collided with an attenuator on US-101 in San Jose. In that case, the NTSB determined the attenuator had been damaged 44 days before the crash.

(Reporting by David Shepardson; Editing by Chizu Nomiyama and Lisa Shumaker)

By David Shepardson

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on TESLA INC.
09/13Toyota using Tesla-style Panasonic batteries for China hybrids - sources
RE
09/12Toyota using Tesla-style Panasonic batteries for China hybrids - sources
RE
09/12Brazilian lithium producer Sigma in talks with Tesla, other automakers
RE
09/12Yahoo Japan to Buy Stake in Fashion Site -- WSJ
DJ
09/11TESLA : Timely Repair of Traffic Safety Hardware Focus of Safety Recommendation ..
AQ
09/11As trade war pinches China, it opens doors wide for foreign money
RE
09/11China's auto sales face more bumps ahead, industry body warns, after latest s..
RE
09/11Electric-Truck Maker Gets Fresh Funds -- WSJ
DJ
09/10TESLA : driver sleeps while apparently using autopilot on highway
AQ
09/10Cox Automotive to invest $350 million in electric truck maker Rivian
RE
More news
Financials (USD)
Sales 2019 24 642 M
EBIT 2019 -551 M
Net income 2019 -1 362 M
Debt 2019 8 214 M
Yield 2019 -
P/E ratio 2019 -32,5x
P/E ratio 2020 1 731x
EV / Sales2019 2,12x
EV / Sales2020 1,72x
Capitalization 43 922 M
Chart TESLA INC.
Duration : Period :
Tesla Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends TESLA INC.
Short TermMid-TermLong Term
TrendsBullishNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 32
Average target price 265,57  $
Last Close Price 245,20  $
Spread / Highest target 116%
Spread / Average Target 8,31%
Spread / Lowest Target -42,9%
EPS Revisions
Managers
NameTitle
Elon Reeve Musk Chief Executive Officer
Robyn M. Denholm Chairman
Deepak Ahuja Chief Financial Officer
Jeffrey B. Straubel Chief Technology Officer
Gary Clark Chief Information Officer
Sector and Competitors
1st jan.Capitalization (M$)
TESLA INC.-26.32%43 922
TOYOTA MOTOR CORP19.68%191 303
VOLKSWAGEN AG13.78%88 821
DAIMLER AG5.73%57 508
GENERAL MOTORS COMPANY16.17%55 482
HONDA MOTOR CO LTD4.75%47 766