Money

Tesla wins trial in fatal autopilot crash

Published

7 months ago

November 1, 2023

ticker NEWS

Tesla emerged victorious in one of the first trials concerning the role of its Autopilot system in a fatal crash.

The case had garnered significant attention as it raised critical questions about the safety and responsibility of advanced driver-assistance systems.

The lawsuit centered around a 2019 incident in which a Tesla Model 3 collided with a semi-truck, resulting in the tragic death of the driver.

The plaintiff’s family contended that Tesla’s Autopilot system was defective and failed to prevent the accident. However, Tesla’s legal team successfully argued that the driver had not followed the company’s safety recommendations and was ultimately responsible for the crash.

The verdict has far-reaching implications for the autonomous driving industry and the ongoing debate surrounding liability in accidents involving semi-autonomous vehicles.

It underscores the importance of driver education and adherence to safety guidelines while using advanced driver-assistance features.

The outcome of this trial may set a precedent for future legal cases involving autonomous vehicle technology.

Money

Why the meme-stock frenzy is unlikely to repeat

Published

5 days ago

May 14, 2024

Nathan Langridge

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

Money

Why are airlines after the Biden Administration?

Published

5 days ago

May 14, 2024

Nathan Langridge

Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

Money

The mounting pressure on Government spends

Published

6 days ago

May 13, 2024

ticker NEWS

Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending