Tesla’s New Safety, Autopilot Features Disappoint Investors As Stock Plummets

by

Oct 10, 2014

TeslaTesla’s stock price has plummeted 6 percent after investors were disappointed with the company’s unveiling of new safety and autopilot features for its electric cars.

Some investors were expecting Elon Musk to release a self-driving car, and the stock had risen up to $280 per share at one point.

Musk set high expectations for himself after engineering the SpaceX program, which changed the way the United States goes to space.

Still, the new car’s features are stellar. The car goes from zero to 60 miles per hour in three seconds and has autopilot features, such as automatically adjusting how fast a car goes based on road-side speed limits and automatic lane changes when a driver hits the turn signal while driving.

The car also parks itself when drivers get out of their cars in their driveways. Once they’re ready to hop back behind the wheel, the car is able to drive up to the person with volume and car temperature settings adjusted to the driver’s liking.

Photo via Twitter/@Tesla Motors

Previous Article

Patriots Play Coy When Asked About Darrelle Revis Covering Sammy Watkins

Next Article

Wally The Green Monster, Lucky Hit Sculls For Head Of The Charles (Photos)

Picked For You