Tag: Tesla

Tesla settles lawsuit over Autopilot crash that killed Apple engineer

ichitra.digital

[ad_1] A Tesla Model X burns after crashing on U.S. Highway 101 in Mountain View, California, U.S. on March 23, 2018.  S. Engleman | Via Reuters Tesla has settled a wrongful death lawsuit brought by the family of Walter Huang, an Apple engineer and father of two who died after his Model X SUV, with Autopilot features switched on, crashed into a highway barrier near Mountain View, California, in 2018. The settlement comes as jury selection and a trial were just beginning on Monday in a California Superior court. The…

Elizabeth Warren calls on SEC to investigate Tesla, Elon Musk over governance issues once again

ichitra.digital

[ad_1] Sen. Elizabeth Warren, D-Mass., once again urged the U.S. Securities and Exchange Commission to investigate Tesla, CEO Elon Musk and the company’s board of directors over what she called, “possible misappropriation on resources and conflicts of interest arising from Mr. Musk’s dual role at Tesla and X— renamed from Twitter.” Warren, who sits on both the Senate’s banking and the armed services committees, had sent a similar request to the SEC last July, and a letter to board chair Robyn Denholm expressing similar concerns in the past. In a…