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Tesla (TSLA) wins Autopilot trial involving fatal crash

October 31, 2023 2:30 PM EDT

Tesla (NASDAQ: TSLA), on Tuesday, achieved its first successful outcome in a U.S. trial regarding accusations that its Autopilot driver assistant feature resulted in a fatality. This marks a significant win for Tesla, given the number of similar lawsuits it is currently confronting nationwide.

The lawsuit, which took place in a California state court, was initiated by two passengers involved in a 2019 accident, alleging that Tesla was... More

Deutsche Bank says losses may extend but will not derail EV transition

October 31, 2023 1:59 PM EDT

As emerging electric and legacy automakers voice concerns over what appears to be a deceleration of demand for battery electric vehicles, Deutsche Bank research analysts believe the existing BEV losses may extend but will not halt the industrys movement towards an EV transition.

During our IAA conference there was a debate if BEV adoption is slowing. This has now become a full blown concern about a potential EV demand meltdown. Writes Deutsche Bank analysts in a... More