Tesla Stock Slides 16.24% Amid Renewed Autopilot Safety Concerns

Generated by AI AgentAinvest Movers Radar
Tuesday, Feb 11, 2025 5:39 pm ET1min read
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Recently, Tesla has been facing notable challenges, highlighted by a string of negative trading days. On February 11th, Tesla's stock fell 6.34%, marking a five-day consecutive decline, with a cumulative drop of 16.24% over these days. During this period, the stock reached its lowest level since November 2024.

In another development, an overseas Tesla Cybertruck owner recounted an incident involving Tesla's V13.2.4 autopilot system on social media. The owner experienced a severe accident when the Cybertruck collided with a curb and a streetlight pole, resulting in significant damage with the right front wheel detaching completely. Despite the damage rendering the vehicle nearly totaled, the owner praised Tesla's outstanding passive safety features, having emerged unscathed from the crash.

This incident has sparked discussions regarding the safety features of Tesla's autopilot system and highlighted the importance of driver attentiveness, even with advanced automation. The owner took responsibility for the accident, citing failure to merge lanes and not decelerating or steering away from the obstacle. He emphasized that the mishap was largely due to his distractions rather than any flaws in the autopilot system.

Despite no prior awareness of any issues with the V13 version, the owner did express his intention to support the subsequent investigation by attempting to retrieve necessary data. Despite possessing the incident records, he chose not to make them public, aiming instead to raise awareness about potential risks associated with the latest autopilot version.

This account has renewed public scrutiny on the reliability of Tesla's autopilot technology, serving as a stark reminder that despite advances in automation, unforeseen accidents remain a risk. In real-world scenarios, even cutting-edge systems must navigate unpredictable variables, underscoring the continued need for vigilant participation by drivers.

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