Tesla Analyst Nearly Crashes While Using ‘Full Self-Driving’ (1)

July 29, 2024, 4:18 PM UTC

Elon Musk has said during Tesla Inc.’s last two earnings calls that investors won’t understand the company unless they’re using the driver-assistance system marketed as Full Self-Driving.

William Stein, a Truist Securities analyst with a hold rating on Tesla’s stock, took this as his cue to test-drive one of the carmaker’s vehicles, and narrowly avoided a crash.

“The Model Y accelerated through an intersection as the car in front of us had only partly completed a right turn,” Stein wrote in a report to clients Monday. “My quick intervention was absolutely required to avoid an otherwise certain accident.” ...

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