Tesla stock rises as Elon Musk moves on from 'one of the worst weeks ever' - News Summed Up

Tesla stock rises as Elon Musk moves on from 'one of the worst weeks ever'


Tesla Motors Inc.’s stock price rose in early trading Monday after Chief Executive Elon Musk unveiled what he called “dramatic improvements” to the electric-car maker’s Autopilot semi-autonomous driving technology. But the day ended with no word, and the next morning a SpaceX rocket exploded on the launchpad, putting the Autopilot news on hold longer. Musk said Sunday that Tesla’s controversial Autopilot technology would rely more on radar to help the car see better and avoid collisions. In Sunday’s conference call with reporters, Musk described the aftermath of the SpaceX explosion and other problems contributing to a terrible week. “It’s just been a lot,” Musk said.


Source: Los Angeles Times September 12, 2016 15:23 UTC



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