3. The National Highway Traffic Safety Administration concluded its report
on the fatal accident of a Model S
in "autopilot" with a truck back in May 2016. The US NHTSA's report exonerated the company and found no defect or reason for a recall. The agency's findings collaborated the company's claims at the time that the autopilot made driving safer, as it found that the crash rate of the Tesla
decreased by 40% after introducing the Autopilot's Autosteer feature.
The main conclusion of the report is:
- Driver Assist Systems “require the continual and full attention of the driver to monitor the traffic environment and be prepared to take action to avoid crashes.”
- Urges drivers to read all instructions and warnings before using the ADAS systems.
In other Tesla-related
news, the company's share price increased 4% after a Morgan Stanley report on sales for the anticipated release of the Model 3
, putting some hurt on the big short positions entered in recent months against the company.