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NTSB Clears Tesla Software in Fatal Texas Crash

TL;DR
  • NTSB confirms a Tesla driver manually overrode FSD by pressing the accelerator to 100% before a fatal crash.
  • Tesla stock closed Friday at $383.00, marking a 2.06% decline as markets digest autonomous regulatory shifts.
  • San Francisco's mayor is petitioning state regulators for stricter robotaxi rules following July 4 gridlock.
  • SpaceX Starship Flight 13 was aborted due to engine start failure; a new attempt is slated for next week.

NTSB: Human Error, Not FSD, Caused Texas Fatality

Federal safety investigators have cleared Tesla’s Full Self-Driving (Supervised) software of blame in a high-profile crash that killed a 76-year-old woman in Katy, Texas SRN News. The National Transportation Safety Board (NTSB) released a report Wednesday concluding that the 44-year-old driver manually overrode the vehicle's autonomous systems by depressing the accelerator pedal to 100% NBC News. The Model 3 reached speeds exceeding 70 mph in a 30 mph residential zone before crashing into a brick home WSAZ.

This finding provides a critical reprieve for Tesla as CEO Elon Musk prepares to market the "Cybercab" and transition existing fleet vehicles into fully autonomous units Greenwich Time. Despite the exoneration in this specific instance, Tesla remains under the microscope; the National Highway Traffic Safety Administration (NHTSA) is currently conducting an "engineering analysis" of the self-driving feature, a probe that could impact up to 3.2 million vehicles AP News.

Regulatory Heat Rises in San Francisco

San Francisco Mayor Daniel Lurie has formally requested that the California Department of Transportation establish tougher standards for autonomous vehicle (AV) operators TechCrunch. The move follows a massive July 4 traffic jam where Waymo robotaxis became immobile, blocking municipal shuttles and emergency vehicles Zamin.uz. Lurie’s proposal would require AV companies to share real-time operational data and prove the ability to relocate stalled vehicles immediately SF Chronicle.

While Tesla currently operates under "supervised" permits rather than fully driverless ones in the city, any statewide shift in the regulatory framework could create higher barriers to entry for Tesla’s planned robotaxi network Zamin.uz. The Mayor is advocating for a "prove it before you deploy it" strategy, requiring specialized testing for high-density pedestrian environments SF Chronicle.

Market Watch: TSLA Eyes Q2 Earnings

TSLA is currently trading at $383.00, down 2.06% from its previous close as the market prepares for the July 22 earnings report SRN News. Analysts surveyed by FactSet expect earnings per share to land at $0.32, nearly flat compared to $0.33 a year ago SRN News. Despite six consecutive quarters of stagnant profits, the stock maintains a premium valuation, trading at 170 times expected annual earnings SRN News.

Investor focus has shifted heavily toward Tesla's AI and robotics potential. Upvoted shareholder questions for the upcoming call focus on why robotaxi plans have "stalled" and what obstacles remain for achieving short-term autonomy goals Forbes.

Quick Hits

  • SpaceX aborted the 13th Starship launch attempt on July 16 after multiple Raptor engines failed to start Wood Radio.
  • Elon Musk’s net worth dropped by $45.3 billion to $792.8 billion following the Starship setback Forbes.
  • Volkswagen’s Moia launched a pilot robotaxi service in Hamburg using autonomous ID. Buzz vans Business Insider.
  • Tesla is now ranked as the No. 6 vehicle exporter from China Automotive News.
  • SpaceX shares fell 4.4% to $125 on Friday, dropping below the June IPO price Cryptopolitan.
  • The FAA has already approved corrective actions for SpaceX, with a new launch attempt possible by early next week WGY.
  • Netflix shares dropped 8% following a lukewarm earnings report and a reduction in viewership data transparency Business Insider.
  • Hitachi Energy signed a deal to develop electrical infrastructure for Eve’s “flying car” project Reuters.
  • Waymo currently operates approximately 1,000 robotaxis in the San Francisco area Zamin.uz.
  • The NTSB is currently investigating 46 "special crashes" involving Tesla's driver-assistance technology SRN News.

Sources: TechCrunch | Zamin.uz | SRN News | Forbes | NBC News | SF Chronicle | Business Insider | Reuters | Wood Radio | WSAZ

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