US Authorities to Probe Fatal Tesla Model Y Crash in Virginia
Comment of the Day

August 10 2023

Commentary by Eoin Treacy

US Authorities to Probe Fatal Tesla Model Y Crash in Virginia

This article from Bloomberg may be of interest. Here is a section: 

The probe comes as the US National Highway Traffic Safety Administration is in the midst of a series of investigations targeting Tesla, its products and its chief executive officer, Elon Musk. Federal regulators are looking into possible problems with the company’s seat belts, steering wheels and driver-assistance features. 


The Florida collision is the 54th included in NHTSA’s Special Crash Investigation of advanced driver-assistance systems like Tesla’s Autopilot. The broader probe began in 2016 after a fatal accident in Florida involving a Model S that was being operated with its automated driving system activated.

Tesla vehicles have been involved in all but nine of the incidents that have been added to NHTSA’s investigation. The automaker, which has disbanded its media relations department, didn’t respond to a request for comment.

Eoin Treacy's view

There are also pending cases focusing on Tesla’s claims on the range of its vehicles. Tesla has ridden a wave of enthusiasm centred on delivering the first desirable all electric vehicles. The company’s success has prompted both new upstarts and forced legacy companies to alter their business models. They did not have much choice because one of the primary factors that allowed Tesla to survive was its dominance of carbon credit sales.

The biggest question for the sector is what will be required to convince the bulk of consumers to buy and EV. Upfront and total cost of ownership, reliability and resale value are important considerations for most car buyers. It seems to me that a major battery breakthrough will be required to convince more people to adopt EVs. This article from Business Insider may also be of interest and predicts a plateau in sales at around 10% of the market..

Meanwhile, the large number of e-bikes catching fire, because of faulty batteries, has raised awareness about the difficulty of putting a lithium fire out. 

Tesla continues to pull back from the region of the trend mean as it unwinds the short-term overbought condition. 

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