A Chinese court has absolved Tesla Inc. TSLA of blame in a 2022 accident that resulted in two deaths and three injuries, according to the Shanghai Securities News.
Tesla had filed a lawsuit against a social media influencer who claimed that the crash, which occurred in November 2022, was due to a faulty Model Y, Bloomberg reported. A forensics investigations institute determined that the accident was not caused by defects in the vehicle’s steering or braking system, the court document revealed.
The social media influencer, a prominent figure on Douyin, the Chinese counterpart of Tiktok, was directed by the court to issue a public apology and pay Tesla a compensation of 30,000 yuan ($4,100) for defamation.
This favorable ruling for Tesla follows another recent victory in the company’s first jury trial over a fatal crash in California potentially involving their Autopilot system. A 12-member jury exonerated Tesla, bolstering the credibility of its driver-assistance technology, a critical component of CEO Elon Musk’s electrification strategy.
The Chinese accident involved a Model Y owner who stated that the vehicle accelerated to a speed of 102 miles per hour (164 kilometers per hour) and could not be stopped, causing a collision with other vehicles and pedestrians. The vehicle eventually halted after crashing into buildings, as evidenced by surveillance footage.
Tesla Model Y. Photo via Shutterstock
Engineered by Benzinga Neuro, Edited by Pooja Rajkumari
The GPT-4-based Benzinga Neuro content generation system exploits the extensive Benzinga Ecosystem, including native data, APIs, and more to create comprehensive and timely stories for you. Learn more.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.