And despite the company's claims that it would not need to raise money, Jonas raised his estimate for Tesla's capital raising to US$3 billion from previous US$2.5 billion, which he continues to expect in the third quarter of this year. The majority of analysts and observers seem to be of the opinion that Tesla must first clear the problems around the models already in production, notably the Model 3, and then move on to other models.
"There's only so many hours in the day and Musk has said that he's sleeping in the office and that he's doing everything that he can but there's only so much that one person can do", said Cole.
"What's actually awesome about this accident is that a Model S hit a fire truck at 60mph and the driver only broke an ankle". If Tesla's safety record applied globally, the company said it would result in 900,000 fewer vehicle fatalities every year and that those driving Teslas equipped with autopilot hardware "are 3.7 times less likely to be involved in a fatal accident".
Tesla declined to comment on the criticism from Jonas.
The driver of a Tesla Model S that crashed into a fire authority truck in Utah late Friday told police she was using the car's Autopilot feature at the time of the accident.
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The safety agency has yet to announce whether it will be looking into the Utah crash.
Autopilot, a form of advanced cruise control, handles some driving tasks and warns those behind the wheel they are always responsible for the vehicle's safe operation, Tesla has said.
Tesla earlier this month said it would hit that goal. In a couple of recent tweets Musk downplayed the accident itself, emphasizing the fact that the only injury the Tesla driver had sustained was a broken ankle, when, he argued, it would have been much worse in any other vehicle. Tesla's Autopilot allows the vehicle to drive itself for short periods of time with steering, acceleration, and braking based on traffic conditions.
Tesla's Autopilot system uses radar, cameras with 360-degree visibility and sensors to detect nearby cars and objects. The National Transportation Safety Board (NTSB) is conducting an investigation, but this doesn't look good for Tesla's Autopilot system.