

The Station: Tesla leads in ADAS crashes, gig companies lose battle in MA
source link: https://finance.yahoo.com/news/station-tesla-leads-adas-crashes-113014415.html
Go to the source link to view the article. You can view the picture content, updated content and better typesetting reading experience. If the link is broken, please click the button below to view the snapshot at that time.

Tesla leads in ADAS crashes, gig companies lose battle in MA
S&P 500
3,674.84+8.07(+0.22%)Dow 30
29,888.78-38.32(-0.13%)Nasdaq
10,798.35+152.25(+1.43%)Russell 2000
1,665.69+15.85(+0.96%)Crude Oil
109.05-0.51(-0.47%)- 1,839.60-1.00(-0.05%)
Silver
21.57-0.02(-0.10%)EUR/USD
1.0533+0.0035(+0.34%)10-Yr Bond
3.23900.0000(0.00%)GBP/USD
1.2234+0.0012(+0.0974%)USD/JPY
135.0770+0.1170(+0.0867%)BTC-USD
20,622.77+1,283.87(+6.64%)CMC Crypto 200
442.52+9.58(+2.21%)FTSE 100
7,121.20+104.95(+1.50%)Nikkei 225
25,771.22-191.78(-0.74%)
The Station: Tesla leads in ADAS crashes, gig companies lose battle in MA
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox.
Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B.
Your usual host, Kirsten Korosec, is off the grid and hopefully having a fabulous vacation, so I’ll be taking over the newsletter this week. Up first: NHTSA’s report on advanced driver assistance systems (ADAS).
The National Highway Traffic Safety Administration issued a Standing General Order last June requiring all automakers to report their most serious crashes that involved Level 2 ADAS -- this level needs a human driver to be fully engaged in the driving task, even though some functions are automated. The findings of that order came out this week, and it’s not looking good for Tesla.
Tesla’s EVs were involved in 70% of the reported crashes. In total, Tesla reported 273 crashes, three with serious injuries and five deaths. Most other automakers reported only a handful of crashes.
It might look like Tesla’s ADAS is a bit of a liability, but, as Mark Harris reports, it’s more complicated than just those numbers. For starters, there are more ADAS-equipped Teslas on the road than other vehicles, which would account for higher numbers of accidents. In addition, Tesla’s Autopilot can be used in city and suburban environments, whereas others like Nissan’s ProPilot and GM’s SuperCruise are limited to highways.
NHTSA’s order also asked manufacturers to report all incidents they knew about. Most automakers rely on consumer complaints, law enforcement contacts or media articles to get their crash numbers, but Tesla knows exactly which vehicles used Autopilot when they crashed because its cars are connected and automatically report vehicle data when a crash occurs.
We’re not saying Tesla’s ADAS isn’t dangerous. We’re just saying it’s hard to know just how dangerous in comparison to other automakers, given the above factors.
- People
Lionel Richie's Life in Photos
Lionel Richie has had a groundbreaking career as a singer, songwriter, and producer over the past five decades. From getting his start singing with the Commodores to serving as a judge on American Idol, here's a look back at his life in pictures in honor of his 73rd birthday on June 20
2h ago - CBS-Newyork
Federal holiday marks Juneteenth across New York and beyond
Sunday marked Juneteenth, a city, state and federal holiday commemorating the end of slavery. CBS2's Elijah Westbrook has more on the meaning of the day.
1h ago - CBS News Videos
Juneteenth: America's second Independence Day
On June 19, 1865, more than two years after President Lincoln signed the Emancipation Proclamation, Union Gen. Gordon Granger announced in Galveston that all enslaved people in Texas were now free. The day would become commemorated as Juneteenth, but for the now-free African Americans, the future was uncertain. CBS News' Mark Whitaker takes a personal journey to Jewett, Texas, where his great-grandfather became a free man, and meets with relatives for whom Juneteenth has taken on a special meaning.
1d ago - Yahoo Finance Singapore
NTUC survey shows 7 in 10 employers willing to hire inexperienced coders
A survey by NTUC Learning Hub has found that some seven in 10 employers are willing to hire inexperienced coders. Which programming language came up tops though?
6h ago - TheStreet.com
GM Copies Tesla and Rivian But Risks Angering Consumers
General Motors was patient but finally decided to react. The Detroit giant is confronted, like its rivals, with disruptions linked to supply chains, the chip shortage and the soaring prices of raw materials, such as nickel, had first waited before reacting. Its rivals, like Tesla , have not hesitated to act quickly in order to preserve their margins and avoid completely bearing the rising costs of assembling their vehicles.
1d ago - Reuters
China's Beidaihe, site of leadership conclave, bars Tesla cars for 2 months
SHANGHAI (Reuters) -Tesla cars will be prohibited from entering the Chinese coastal district of Beidaihe, site of a secretive annual summer leadership conclave, for at least two months starting on July 1, a local traffic police official told Reuters on Monday. The decision by the Beidaihe authorities comes just weeks after Tesla cars were also barred from driving on to some roads in the central city of Chengdu in early June, which coincided with a visit by Chinese President Xi Jinping to the city. The official from the Beidaihe Traffic Police Brigade, who declined to give his name, did not provide a reason for the move but said it concerned "national affairs".
8h ago - Associated Press
3 people, 2 dogs jump overboard as yacht burns and sinks
A 70-foot yacht burned and sank in New Hampshire, sending three people to the hospital, authorities said. The vessel, the Elusive, was on the Piscataqua River heading toward a marina in New Castle around 4 p.m. Saturday when a passenger noticed black smoke below deck, the New Hampshire Department of Safety said in a statement. The Coast Guard and the New Hampshire State Police Marine Patrol posted photos of the flames and thick black smoke pouring from the vessel.
1d ago - CNW Group
IRD Announces $2.2 Million Weigh Station Contract from the State of Idaho
International Road Dynamics Inc. ("IRD"), a Quarterhill Inc. ("Quarterhill") company (TSX: QTRH) (OTCQX: QTRHF), announced today the award of a $2.2 million contract in Idaho. Under this contract, IRD will supply and install an eastbound mainline Weigh-in-Motion ("WIM") and Electronic Pre-Clearance system to complement the westbound IRD system at the new Idaho Transportation Department Port-of-Entry ("POE") facility on I-84 near Declo, Idaho. This will be the sixth WIM site IRD has deployed in I
4h ago - Associated Press
Buttigieg: US may act against airlines on consumers' behalf
The day after Transportation Secretary Pete Buttigieg met with airline leaders to quiz them about widespread flight disruptions, his own flight was canceled and he wound up driving from Washington to New York. “That is happening to a lot of people, and that is exactly why we are paying close attention here to what can be done and how to make sure that the airlines are delivering,” Buttigieg told The Associated Press in an interview Saturday.
2d ago - Motorious
Check Out This Historic Drag Race Car Collection
Soon to be retired builder shows off a respectable classic hot rod collection.
2d ago - 23h ago
- Autoblog
Electric pickup trucks in the works: Coming soon, on-sale and questionable
We've finally started to see some electric pickup trucks come to market, and there are more on the way. Here are what we can expect, plus a few we maybe shouldn't hold our breath for.
1d ago - The Wall Street Journal
Two Actors on Netflix Series ‘The Chosen One’ Killed in Auto Accident in Mexico
Two actors from the Netflix series “The Chosen One” were killed, and six other people were injured, in an automobile crash on Mexico’s Baja California Sur peninsula.
2d ago - Miami Herald
Passengers and dogs jump overboard as flames engulf 70-foot yacht in New Hampshire
The flaming boat continued to drift, unmanned, for at least two hours.
23h ago - Associated Press
How much for gas? Around the world, pain is felt at the pump
At a gas station near the Cologne, Germany, airport, Bernd Mueller watches the digits quickly climb on the pump: 22 euros ($23), 23 euros, 24 euros. Across the globe, drivers like Mueller are rethinking their habits and personal finances amid skyrocketing prices for gasoline and diesel, fueled by Russia's war in Ukraine and the global rebound from the COVID-19 pandemic. Energy prices are a key driver of inflation that is rising worldwide and making the cost of living more expensive.
9h ago - 2d ago
Fatal car crash in Westmoreland County being investigated as possible case of DUI, victim identified
A fatal car accident in Westmoreland County shut down a portion of Interstate 70 overnight.
1d ago- The Providence Journal
Car Doctor: Why do the brakes on my CX-5 make noise when I shift into reverse?
What would be a low-cost way to resolve the brakes on my Mazda CX-5 making a noise when shifting to reverse?
1d ago - LA Times
Buttigieg pressures airlines to reduce flight cancellations, improve customer service
Transportation Secretary Pete Buttigieg says he's pushing airlines to take steps to reduce flight cancellations and hire more customer service agents.
2d ago - The Telegraph
Politics latest news: It ‘wouldn’t be right’ for Government to intervene in rail strikes, says minister
Put people above Labour’s coffers, Shapps tells Starmer ‘Purple’ seats could hold key to general election Staying in Commonwealth will boost economy, PM says SNP threatens own MPs with criminal action over leak Ukraine war: We are ready for more attacks, says Zelensky
6h ago Watch: Passengers Wait in Hours-Long Lines Amid Flight Cancellations
Videos shared online show long lines snaking through U.S. airports as travelers faced flight delays and cancellations due to weather and staffing issues during the busy Juneteenth and Father’s Day holiday weekend. Airports around the world have also faced issues. Photo: Jonathan Pavlinec/Storyful
3h ago- Bloomberg
Hong Kong Interbank Rate Rises as HKMA Action Saps Liquidity
(Bloomberg) -- Hong Kong’s benchmark borrowing costs climbed to a two-year high as liquidity eased, adding to the risks for an economy that’s struggling to recover from a coronavirus outbreak.Most Read from BloombergPutin May Win in Ukraine, But the Real War Is Just StartingPutin Gets Unexpected Pushback From Ally Over War in UkraineGiant Cruise Ship’s Maiden Voyage May Be to a ScrapyardHousing’s Slowdown Has Economy on the EdgeUS Futures Gain With European Stocks; Dollar Slips: Markets WrapThe
10h ago - Bloomberg
Traders Bet RBA to Accelerate Tightening With Fed-Size Rate Hike
(Bloomberg) -- Money market traders see an increasing likelihood of Australia’s central bank following the Federal Reserve with a 75-basis-point interest rate hike in July or August.Most Read from BloombergPutin May Win in Ukraine, But the Real War Is Just StartingPutin Gets Unexpected Pushback From Ally Over War in UkraineGiant Cruise Ship’s Maiden Voyage May Be to a ScrapyardHousing’s Slowdown Has Economy on the EdgeUS Futures Gain With European Stocks; Dollar Slips: Markets WrapOvernight inde
11h ago - Fortune
How to invest during a bear market, according to investment advisors
“Avoid acting out of emotion and not logic. A knot in your stomach is not a good sell signal!” Emerson Ham III, a senior partner at the wealth management firm Sound View Wealth Advisors, told Fortune.
1d ago - Reuters
Airport service providers could sue over flight caps, says Swissport boss
Airports capping flight numbers this summer could face legal challenges from service providers to recoup costs after recruiting workers based on original schedules, the chief executive of aviation services company Swissport said on Monday. Airports including London's Gatwick and Amsterdam's Schiphol have said in recent days that they would offer fewer flights this summer than originally planned, citing a labour crunch that has left them struggling to cope with surging travel demand. "I think that there's going to be some challenges, I suspect legally, to putting caps on airlines," Swissport CEO Warick Brady told Reuters at an airline industry event in Qatar.
3h ago - The Wall Street Journal
Chinese Lithium Giant Tests Investor Demand for Hong Kong IPO
One of China’s top lithium producers began marketing what is expected to be Hong Kong’s largest initial public offering so far this year, braving recent market volatility to test global investor appetite for shares of new-energy companies.
12m ago - Reuters
China's JD.com posts slowest growth ever in '618' shopping event
BEIJING (Reuters) -Total sales by China's e-commerce giant JD.com rose 10.3% over the 18 days to Sunday during the first major shopping festival since a recent COVID-19 outbreak, the company said, sharply down from the 2021 event's growth of 27.7%. Chinese shoppers purchased 379.3 billion yuan ($56.48 billion) of goods on JD's platform over the "618" period, it said on its official WeChat account. The 618 event is China's second largest shopping festival after Singles Day in November, and was initiated in 2004 to mark JD.com's founding anniversary.
1d ago - Bloomberg
ThaiBev’s Brewery Unit, Battery Supplier Brave Asia’s IPO Market
(Bloomberg) -- The brewery unit of Thai Beverage Pcl and a Chinese supplier of a material used in batteries started gauging demand for share sales in Singapore and Hong Kong, respectively, testing appetite in a tough market for listings globally.Most Read from BloombergPutin May Win in Ukraine, But the Real War Is Just StartingPutin Gets Unexpected Pushback From Ally Over War in UkraineGiant Cruise Ship’s Maiden Voyage May Be to a ScrapyardHousing’s Slowdown Has Economy on the EdgeUS Futures Gai
11h ago - Bloomberg
Waller Backs 75 Basis-Point July Hike, Says Fed Is ‘All In’
(Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Most Read from BloombergPutin Gets Unexpected Pushback From Ally Over War in UkrainePutin May Win in Ukraine, But the Real War Is Just StartingBitcoin, Ether Bounce Off Lows After Record-Breaking RoutFed’s Inflation Battle to Strip Workers of Rare Bargaining PowerGiant Cruise Ship’s Maiden Voyage May Be to a ScrapyardFederal Reserve Governor Christopher Waller said he would support anot
2d ago - Bloomberg
Trudeau Is Shirking Canada’s Inflation Fight, Scotiabank Says
(Bloomberg) -- One of Canada’s largest commercial banks fired a broadside at Prime Minister Justin Trudeau’s government, warning that high levels of federal spending are hurting the fight against inflation.Most Read from BloombergPutin May Win in Ukraine, But the Real War Is Just StartingPutin Gets Unexpected Pushback From Ally Over War in UkraineGiant Cruise Ship’s Maiden Voyage May Be to a ScrapyardHousing’s Slowdown Has Economy on the EdgeUS Futures Gain With European Stocks; Dollar Slips: Ma
12h ago - MoneyWise
Warren Buffett's portfolio is full of buyback opportunities which he calls 'the best use of cash'. Here are 3 companies with the biggest hidden dividend potential
The Oracle of Omaha regularly buys back Berkshire Hathaway shares too.
1d ago - Bloomberg
Shoppers Are Facing Shortages of Beer to Popcorn This Summer
(Bloomberg) -- A shortage of popular food items from popcorn to sriracha is hitting restaurants and grocery shelves this summer, a sign that the world’s immense supply chains are still under pressure. Most Read from BloombergPutin Gets Unexpected Pushback From Ally Over War in UkrainePutin May Win in Ukraine, But the Real War Is Just StartingBitcoin, Ether Bounce Off Lows After Record-Breaking RoutFed’s Inflation Battle to Strip Workers of Rare Bargaining PowerGiant Cruise Ship’s Maiden Voyage M
2d ago - Bloomberg
Long Dollar Trade Is Still the One to Chase: Lin
Max Lin, Asia FX and rates strategist at Credit Suisse Group AG, discusses the dollar, U.S. interest rates and his outlook for emerging market currencies. He speaks on Bloomberg Television.
10h ago - Poets & Quants
Analytics: The Most Critical MBA Skill
As Big Data gets bigger, demand is soaring for professionals with business analytic skills. Analytics: The Most Critical MBA Skill Business analytics is more important than ever before. Fortune recently spoke to a number of leading ... The post Analytics: The Most Critical MBA Skill appeared first on Poets&Quants.
15h ago - The Telegraph
Airlines use post-Brexit loophole to bring in foreign workers
British Airways, easyJet and TUI are using an employment loophole to operate flights with EU crews without British work visas, as they grapple with staff shortages.
23h ago - FX Empire
Everything You Need to Know About OpenSea
Launched in 2017, OpenSea is the leading NFT marketplace. While trading volumes have collapsed, the platform is well placed for a comeback.
1d ago - Oilprice.com
Are Oilfield Service Companies A Buy?
The global boom in oil prices has been great for oil companies, but oilfield service companies haven’t quite kept up with the rush
18h ago - Bloomberg
UK Is Closing In on Inflation Rate With Double Digits: Eco Week
(Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Most Read from BloombergPutin Gets Unexpected Pushback From Ally Over War in UkrainePutin May Win in Ukraine, But the Real War Is Just StartingBitcoin, Ether Bounce Off Lows After Record-Breaking RoutGiant Cruise Ship’s Maiden Voyage May Be to a ScrapyardFed’s Inflation Battle to Strip Workers of Rare Bargaining PowerUK inflation probably reached a new four-decade high above 9% in May,
1d ago - Bloomberg
China Buys $7.5 Billion of Russian Energy With Oil at Record
(Bloomberg) -- China continued to snap up Russian energy products last month, including a record quantity of crude oil, lifting purchases to $7.47 billion -- about $1 billion more than April and double the amount of a year ago.Most Read from BloombergPutin May Win in Ukraine, But the Real War Is Just StartingPutin Gets Unexpected Pushback From Ally Over War in UkraineGiant Cruise Ship’s Maiden Voyage May Be to a ScrapyardHousing’s Slowdown Has Economy on the EdgeUS Futures Gain With European Sto
9h ago - Reuters
Australian domestic airline demand strong but fuel prices a concern, bosses say
DOHA (Reuters) -Qantas Airways and Virgin Australia have not seen any dent in domestic bookings from higher inflation and interest rates, but fares must rise to help them recover some of the cost of elevated oil prices, their chief executives said on Sunday. Australia's two biggest airlines are operating domestic capacity above pre-pandemic levels as demand rebounds, but Qantas has trimmed some flights for July and August to try to boost fares and could take more action, its chief executive said on the sidelines of an industry conference in Doha. "We are seeing really strong demand internationally across the board and that is helping us recover oil prices in the international market," Qantas Chief Executive Alan Joyce told reporters.
1d ago
Recommend
About Joyk
Aggregate valuable and interesting links.
Joyk means Joy of geeK