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WSJ Tech News Briefing

Tesla Reaches Settlement Over Autopilot’s Involvement in Fatal Crash

WSJ Tech News Briefing

The Wall Street Journal

News, Tech News

4.61.6K Ratings

🗓️ 9 April 2024

⏱️ 12 minutes

🧾️ Download transcript

Summary

Just days before Tesla was slated to head to court for one of the biggest tests of its driver-assistant Autopilot, the company settled with the family of a driver who died in a 2018 crash. WSJ reporter Ryan Felton tells host Alex Ossola what the outcome could mean for Tesla, and its Autopilot technology. Plus, three years ago, Tesla was on top of the world; now the picture is more complicated. WSJ reporter Rebecca Elliott talks about what happened, and why investors are divided about the company’s long term prospects. Listening on Google Podcasts? Here's our guide for switching to a different podcast player. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:39.0

Welcome to tech News Briefing. It's Tuesday, April 9th. I'm Alex Osala for the Wall Street Journal. Today's show is all about Tesla. First up, Elon Musk's electric car company appeared all but

0:45.4

unstoppable three years ago. Now the picture looks a bit more complicated.

0:49.8

W.S.J reporter Rebecca Elliot tells us what happened.

0:54.0

And then, Tesla has reached a settlement with the family of a driver who died in a 2018 crash.

1:00.0

It involved the company's driver assistance technology,

1:02.7

autopilot. The settlement was reached days before opening arguments were

1:06.4

expected to begin. We'll hear more about the settlement and its implications

1:10.6

from W.S.J. reporter Ryan Felton.

1:17.2

But first, three years ago, Tesla was on top of the world.

1:20.8

It had months long waiting lists for its vehicles, it was consistently

1:24.2

profitable, and it made other car companies eye electric vehicles as a gamble worth

1:28.8

taking. Now, though Tesla still holds a strong grip on the US EV market, the picture around its business

1:35.4

is more mixed.

...

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