A Florida jury ordered Tesla to pay $243 million for the fatal Autopilot Elon Musk's electric vehicle company may face additional legal action after a Florida jury on Friday found Tesla (TSLA.O), opens new tab, liable to pay $243 million to victims of a fatal crash in 2019 involving a Model S equipped with Autopilot. For victims of Autopilot-related accidents, the verdict is an uncommon victory. Based on a more sophisticated version of its driver assistance software, Musk has been pushing for a quick expansion of Tesla's recently launched robotaxi business. Tesla's stock is down 25% so far this year after dropping 1.8% on Friday. According to a verdict sheet, jurors in a federal court in Miami granted the estate of Naibel Benavides Leon and her ex-boyfriend Dillon Angulo $129 million in compensatory damages and $200 million in punitive damages . 33% of the compensatory damages, or $42.6 million, were attributed to Tesla. Although George McGee, ...
In a surprising move, the CEO of X, Linda Yaccarino announced her resignation just a few months after the social media platform became the property of the billionaire's AI startup xAI. In a statement on the platform Wednesday, the former NBCUniversal advertising chief said she had "decided to step down as CEO of X" after what she characterized as "two incredible years" at the help of one major transformation. Yaccarino's resignation from the social media company will only add to the turbulence in Musk's sprawling business including plummeting sales at his electric car company, Tesla, and AI-related controversies. Musk is also engaged in a war of words with United States President Donald Trump. She gave no details as to why. X and Yaccarino did not respond to requests for comment. The resignation came a day after Grok, the AI chatbot created by xAI, made posts on the platform mentioning Adolf Hitler. Posts were deleted after the worsening public backlas...