The Rising Influence of Rising Affluence

[DewDiligence]

Florida jury finds_for plaintiffs in TSLA crash:

https://www.wsj.com/business/autos/tesla-driver-assistance-autopilot-crash-lawsuit-acdafaa6

A Florida jury found Tesla was partly to blame over a fatal 2019 collision involving a vehicle equipped with the company’s driver-assistance software, awarding the plaintiffs nearly $329 million in damages.

It marks the first time a jury has awarded damages in a lawsuit related to Tesla’s driver-assistance features… The jury concluded the automaker failed to provide sufficient warnings or instructions for its Autopilot feature in the 2019 Tesla Model S involved in the accident, making the car unreasonably dangerous.

…The case stems from a car crash in Key Largo, Fla., where the driver of a Tesla Model S, George McGee, hit a parked car that rammed into two pedestrians. The jury found that Tesla was 33% at fault for the crash and McGee was responsible for the remainder.

…The jury awarded the plaintiffs $129 million in compensatory damages and $200 million in punitive damages. Tesla will have to pay a third of the compensatory damages and the entirety of the punitive damages for a total of $243 million in damages.