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Paris taxi firm suspends use of Tesla cars after car crash

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Paris’ leading taxi company, G7 has suspended the use of Telsa Mode 3 vehicles within its fleet following a fatal accident involving on of its vehicles over the weekend

The Deputy Chief Executive of G7 taxis, Yann Ricordel confirmed that an off-duty taxi driver was taking his family to a restaurant when the accident happened on Saturday evening.

The accident killed one person. Twenty others were wounded, one of the persons close to the investigation said, adding that three were in serious condition.

According to French media reports, the Tesla collided and hit a cyclist and three pedestrians and then crashed into a van, and seven people were seriously injured.

G7 said it would suspend the use of 37 Tesla Model 3 cars in its fleet until a police investigation into the case is completed.

Tesla has not responded to the incident

Ricordel cited Tesla as saying on Monday that an initial inquiry had ruled out a technical dysfunction of the vehicle. The G7 executive said the driver had tried to brake but the car instead accelerated. It was unclear if the car was operating in Autopilot mode.

Jerome Coumet, mayor of Paris’ 13th arrondissement, said on Twitter, “The first elements of the investigation indicated that the accelerator would have gotten stuck.”

Ricordel said: “Today, we have two divergent views on the subject. We will maintain the suspension of the Tesla Model 3 while the investigation is ongoing, as a safety measure for our drivers, customers and other road users.”

Tesla collects detailed data from the sensors and cameras on its vehicles and has used such data in the past to challenge claims that accidents were caused by malfunctioning technology.

Ricordel said the Tesla Model 3 owners in its fleet would be fully compensated for lost earnings during the suspension and that the company was looking for alternatives so the drivers could resume driving for G7 as soon as possible.

Ricordel stated that the G7 was in contact with the government as it awaited the outcome of the police investigation.

G7 is one of Paris’ biggest taxi companies, with 9,000 affiliated drivers, who are independent operators who own their vehicles. Half of the G7 fleet are electric or hybrid vehicles and the company aims to have a 100% green fleet by 2027.

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Is GenerativeAI transforming education?

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Educators today are facing an uphill battle, so what’s the solution?

Today’s educators are passionate, but they’re up against diverse classrooms and outdated teaching methods.

In this episode, Trevor Furness, Chief Revenue Officer of Octopus B-I discuss their efforts to transform education. #funding futures

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How AI is leveraging Amazon’s fast production

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Amazon reported better-than-expected results for the last quarter, surpassing analysts’ estimates.

Amazon reported better-than-expected results for the last quarter, surpassing analysts’ estimates, driven by strong performance in its cloud computing and AI.

Ticker’s Ahron Young & Veronica Dudo discuss.

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Tesla is slashing prices to stay competitive

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Tesla cut the U.S. prices of its Model Y, Model X and Model S vehicles by $2,000 each, days after the first-quarter deliveries of the world’s most valuable automaker missed market expectations.

Elon Musk’s electric-vehicle (EV) maker lowered the prices for its Model Y base variant to $42,990, while the long-range and performance variants are now priced at $47,990 and $51,490, respectively, according to its website.

The basic version of the Model S now costs $72,990 and its plaid variant $87,990. The Model X base variant now costs $77,990 and its plaid variant is priced at $92,900.
Tesla North America also said in a post on X said it would end its referral program benefits in all markets after April 30.

Referral program allows buyers to get extra incentives through referrals from existing customers, a strategy long used by traditional automakers to boost sales.

Musk has postponed a planned trip to India where he was to meet Prime Minister Narendra Modi and announce plans to enter the South Asian market, Reuters reported on Saturday.
On Monday Reuters reported, citing an internal memo, that the EV maker was laying off more than 10% of its global workforce.
Earlier this month Reuters reported the EV maker had canceled a long-promised inexpensive car, expected to cost $25,000, that investors had been counting on to drive mass-market growth.
The EV maker reported this month that its global vehicle deliveries in the first quarter fell for the first time in nearly four years, as price cuts failed to stir demand.

Tesla is to report first-quarter earnings on Tuesday.

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