Short-Term TSLA Price Movements - 2016

[flankspeed8]

Please note the following:

- This was a freak accident that happened yesterday


In a nutshell: Accidents happen. Move along.

Not that it matters much but it looks like this happened back in May.

RIP to Josh Brown who by all accounts was a great guy and a loyal Tesla proponent. Tragic all around. He was a pioneer in a sense. His sacrifice will keep others safer.

 

[tinm]

Eerie. A heavily-viewed YouTube video apparently uploaded by the victim about 2 months ago, entitled "Autopilot Saves Model S."

 

[geneclean55]

Sad stuff, can't believe this is having LESS of an impact on the SP as that bogus ass suspension story. This is real, that was fake.

The nature of this one crash makes it difficult to unambiguously pin the blame on autopilot. The suspension debacle was tied up with that dude who was trying to suggest there was a systemic problem with model s suspension.

 

[Haddock]

this was a different incident. The one reported now is in Florida.

Nope, same guy. See also Fatal autopilot crash, NHTSA investigating...

 

[Stoneymonster]

Sounds like a tragic corner case, and a reminder that we need to be ready to brake. This is probably the intersection in question and it shows why that truck would be doing that. It is a "divided highway" but not a restricted access freeway.

View attachment 183486

Looks like the truck could have entered the roadway quite quickly there. I wonder if AP matters at all here.

 

[Curt Renz]

this was a different incident. The one reported now is in Florida.

It seems to be the same driver. The Florida accident report said that the Model S driver Joshua Brown was from Ohio.

Joshua Brown had a Google webpage and YouTube channel indicating he was from Stow, Ohio. That channel includes the video posted above of him earlier avoiding an accident: Joshua Brown

 

[tanner]

Looks like the truck could have entered the roadway quite quickly there. I wonder if AP matters at all here.

Seems like it would. Elon basically said it confused if for an overhead sign. That's bad. Wait until the media runs with that.

 

[Stoneymonster]

Seems like it would. Elon basically said it confused if for an overhead sign. That's bad. Wait until the media runs with that.

That's nothing new from what we've heard and been saying for years here: stationary objects are ignored to avoid false positives.

 

[2Pearls]

Please note the following:

- This was a freak accident that happened yesterday
- Tesla proactively reported this to NHTSA (which also explains response time as well)
- NHTSA is opening a PRELIMINARY investigation that will pretty much inspect all aspects of the crash
- Again, it was an accidents-- they happen everyday but of course in Tesla fashion this was rather "spectacular"
- The sensors would not have read anything if nothing was there (in this case under a semi that is perpindicular), the timing had to be right-- had it been a few seconds earlier or later- I am confident the driver would have survived but the fact that the initial point of impact was the windshield I hate to say it but head trauma or decapitation were probably cause of death just based on sheer physics.
- If this were any other car the outcome probably would have been the same-- again physics

In a nutshell: Accidents happen. Move along.

Please note that this happened on May 7th, not yesterday. NHTSA is just opening a preliminary investigation now.

 

[austinEV]

It seems to be the same driver. The Florida accident report said that the Model S driver Joshua Brown was from Ohio.

Joshua Brown had a YouTube channel indicating he was from Stow, Ohio. That channel includes the video posted above of him earlier avoiding an accident: Joshua Brown YouTube Channel

This is quite the twist. Also consider: He was in the habit of running a dashcam. So... Footage might well exist.

 

[FredTMC]

Levy County Journal Report

In a separate crash on May 7 at 3:40 p.m. on U.S. 27 near the BP Station west of Williston, a 45-year-old Ohio man was killed when he drove under the trailer of an 18-wheel semi.
The top of Joshua Brown’s 2015 Tesla Model S vehicle was torn off by the force of the collision. The truck driver, Frank Baressi, 62, Tampa was not injured in the crash.
The FHP said the tractor-trailer was traveling west on US 27A in the left turn lane toward 140th Court. Brown’s car was headed east in the outside lane of U.S. 27A.
When the truck made a left turn onto NE 140th Court in front of the car, the car’s roof struck the underside of the trailer as it passed under the trailer. The car continued to travel east on U.S. 27A until it left the roadway on the south shoulder and struck a fence. The car smashed through two fences and struck a power pole. The car rotated counter-clockwise while sliding to its final resting place about 100 feet south of the highway. Brown died at the scene.
Charges are pending.

So tragic. Sound like the truck driver basically pulled out into the highway while making that left hand turn. Basically pulled out into oncoming traffic on the highway. Charges pending.

 

[Johan]

This is quite the twist. Also consider: He was in the habit of running a dashcam. So... Footage might well exist.

Ome of the news articles says the "top of the car was ripped off". The dashcam sits by the rear view mirror so doesn't seem likely to have survived.

 

[esk8mw]

Hope he doesn't, would look terribly (and unnecessary) cynical.
Also... a win should feel like a win.

Majority of reports have been on the second day following quarter end, so it wouldn't be too strange. Alternative is waiting and the next business day is the 5th (also unprecedented).

 

[austinEV]

Ome of the news articles says the "top of the car was ripped off". The dashcam sits by the rear view mirror so doesn't seem likely to have survived.

It takes a lot to destroy an ssd card, but yes you could be right.

 

[esk8mw]

Seems like it would. Elon basically said it confused if for an overhead sign. That's bad. Wait until the media runs with that.

Given the choice of what just happened (to reiterate again, a terrible tragedy and not to be diminished) and having a system that randomly stomps on the brakes on the highway every time it sees something semi shaped (like a big highway sign or a bridge or a tunnel or something), the choice gets a little clearer for me.

The solution is obviously to upgrade the hardware, but that's why Tesla bends over backwards to make sure people realize they have to pay attention, acknowledge the wheel every so often, give audio and visual cues, etc.

 

[tanner]

The nature of this one crash makes it difficult to unambiguously pin the blame on autopilot. The suspension debacle was tied up with that dude who was trying to suggest there was a systemic problem with model s suspension.

Idk, with the sensationalism associated with death and financial blogs' exploitation of said sensationalism, I'm still very surprised. Expected a bigger impact.

 

[FredTMC]

Must be the semi driver.

TSLA is holding up pretty well so far in after hours...

Yes. The semi driver of course. Failure to yield.

Charges are likely to be involuntarily vehicular manslaughter.

 

[austinEV]

Idk, with the sensationalism associated with death and financial blogs' exploitation of said sensationalism, I'm still very surprised. Expected a bigger impact.

Yeah, AH price is the same as yesterday mid morning. This is not a big movement.

 

[tanner]

Yeah, AH price is the same as yesterday mid morning. This is not a big movement.

Which again is very surprising... Well, put an order in for 207. Thought I'd get a sub 200 fill.

 

[BornToFly]

There isn't a car in the world that sits at a similar height off the ground as the Model S, that would have prevented a decapitation type injury from driving under a tractor trailer. The A pillars are not a crumple zone/car stop by themselves. If the market is at all rational, this should have ZERO effect on the SP.