Tesla's Robotaxi Is Driving Over Curbs and Into Courtrooms. It's Not Going Great.
Tesla shareholders are suing Elon Musk and his company for securities fraud, claiming they withheld information regarding the safety of their products.
The lawsuit comes after the public testing phase for Tesla Robotaxis in Austin, TX.
Videos from participants in the Robotaxi Pilot Program showed vehicles exhibiting alarming behaviors, including dropping off passengers in the middle of intersections and driving into opposing lanes.
We previously reported that Tesla's Robotaxi rollout in Austin, TX, was less than a resounding success. We knew it wasn't going to go to plan—especially after the brand announced each taxi would need a safety monitor in the passenger seat to intervene. But things just got significantly worse for Tesla, as its shareholders are suing the company for securities fraud, arguing that Tesla didn't disclose that its Robotaxi and other autonomous vehicles were dangerous.
Securities fraud is the misrepresentation or omission of information to induce investors into trading securities—'securities' being legal speak for investments that can be traded on financial markets. Unsurprisingly, if you're an investor, you probably wouldn't be pleased if the company you're supporting lied to you about its products.
The Details
Reuters reported that the proposed class action was filed on Monday following the Robotaxi's public test in late June. Footage from many Tesla fans who participated in the pilot program revealed the vehicles exhibiting alarming behavior, including entering the wrong lane, dropping passengers off in the middle of multi-lane roads or intersections, speeding, and driving over a curb.
The video above, from Rob Maurer, documents his Robotaxi ride through South Austin earlier this year. About midway through the journey, the vehicle can be seen making an attempt to drive into the oncoming lane as it prepares to make a left turn. The other notable misstep comes at the end of the video, when the Tesla runs over the curb at its final destination. Parsing through YouTube, we can say with confidence that there are hundreds of similar videos highlighting the shortcomings of the 'unsupervised' variant of Tesla's Full-Self-Driving software.
What Happens Next?
Reuters interviewed a spokesperson for the city of Austin who said that officials are aware of the issues documented in many of these videos, and are actively sharing legal and safety concerns with Tesla. The same report revealed that the Austin Police Department is collaborating with Tesla to make sure its officers can safely interact with Robotaxis. Currently, there are many 'autonomous' rideshare services operating in Austin. Waymo is the only service that has developed a system that doesn't need a safety monitor in the passenger seat.
You Might Also Like
The Do's and Don'ts of Using Painter's Tape
The Best Portable BBQ Grills for Cooking Anywhere
Can a Smart Watch Prolong Your Life?
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
41 minutes ago
- Yahoo
Why Iovance Biotherapeutics Stock Plummeted Today
Key Points Investors were hardly pleased by the company's double miss on second-quarter results. At least its revenue guidance was in line with expectations. 10 stocks we like better than Iovance Biotherapeutics › Investors are typically quite harsh on publicly traded companies that don't make their quarterly estimates, a dynamic vividly on display Friday with biotech stock Iovance Biotherapeutics (NASDAQ: IOVA). The company published its second-quarter earnings after market close the previous day, and the market reacted by trading the stock down by more than 20%. Amtagvi leads the way Iovance, a commercial-stage biotech that's focused on cell therapies for cancer treatment, reported slightly under $60 million in revenue for the period, which was nearly double the $31 million it earned in the same quarter of 2024. All of this is derived from sales of two products: Amtagvi and Proleukin. The former was by far the company's star, with over $54 million in sales. The steep increase in sales didn't filter down into a net profit, however. In fact, Iovance's GAAP (generally accepted accounting principles) net loss deepened during the quarter, coming in at almost $112 million ($0.33 per share) from the year-ago deficit of $97 million. Also, analysts were expecting Iovance to boost its top line even more. Their consensus estimate for revenue was a shade over $67 million. As for net loss, they were modeling a deficit of only $0.28 per share. In its earnings release, Iovance nevertheless sounded a bullish note about the future of its two commercialized products. It quoted CEO Frederick Vogt as saying that "Growth for Amtagvi and Proleukin will continue in the second half of 2025 as existing authorized treatment center growth continues and large community practices begin treating patients." No move on revenue guidance Investors might have liked to see that statement bolstered by a guidance raise. However, Iovance stuck to its existing forecast of $250 million to $300 million anchored, of course, by Amtagvi. The company pointed out that this is the first full year of Amtagvi sales, implying the future should be much rosier for the product. Do the experts think Iovance Biotherapeutics is a buy right now? The Motley Fool's expert analyst team, drawing on years of investing experience and deep analysis of thousands of stocks, leverages our proprietary Moneyball AI investing database to uncover top opportunities. They've just revealed their to buy now — did Iovance Biotherapeutics make the list? When our Stock Advisor analyst team has a stock recommendation, it can pay to listen. After all, Stock Advisor's total average return is up 1,047% vs. just 181% for the S&P — that is beating the market by 865.68%!* Imagine if you were a Stock Advisor member when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $636,563!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,108,033!* The 10 stocks that made the cut could produce monster returns in the coming years. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 4, 2025 Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Iovance Biotherapeutics. The Motley Fool has a disclosure policy. Why Iovance Biotherapeutics Stock Plummeted Today was originally published by The Motley Fool Sign in to access your portfolio
Yahoo
an hour ago
- Yahoo
Tucson's 'Last, Lost, Guest Ranch' Lives Again
TUCSON, Ariz., Aug. 10, 2025 (GLOBE NEWSWIRE) -- A hidden gem has just been unearthed in the desert. Solana Guest Ranch and Spanish Villas, a historic property with roots dating back to 1948, has been completely renovated, expanded, and relaunched—reviving one of Tucson's only historically zoned guest ranches in over four decades. After decades of decline in Pima County's guest ranch scene, which has seen a dramatic drop from over 100 ranches to just a handful, local entrepreneurs John Jacobs and Danielle Jacobs have brought back Tucson's 'Last, Lost Guest Ranch'—and it's bigger and better than ever. Nestled in the lush Tanque Verde Valley, Solana Guest Ranch introduces a modern take on the classic Arizona ranch experience, merging luxury with adventure in a way that's never been seen before in this part of the activities and cowboy cookouts at Tucson's Solana Guest Ranch on Tanque Verde A Revival of a 75-Year-Old Tradition Since the 1985 zoning change that ended guest ranch designations in Pima County, Arizona, no new guest ranches have been established. Most major dude ranches in Pima County, including Lazy K Bar Ranch have closed with urban sprawl slowly replacing the rugged western charm. But Solana's renovation of the Bar J Desert Haciendas, a historic guest ranch founded in 1948, is a true western revival story. The property has been renovated and expanded into Solana Guest Ranch and Spanish Villas, with restored 1950's ranch houses, immaculate grounds, and state-of-the-art, air-conditioned luxury glamping wagons set to debut later this year. 'As Tucson locals with generations of family here in the Old Pueblo, it's important to us that we invest into preserving the history that makes our community so unique,' says John Jacobs, owner of Solana and several other local businesses. 'Solana is the last of its kind in Tucson, and we've transformed it into a nearly forgotten Tucson destination that's ideal for wellness retreats, corporate events, weddings, and group rentals. It's a place where peace, nature, and luxury come together.' Tucson's Best-Kept Secret: A Luxe Ranch for the Modern Traveler Solana Guest Ranch offers an experience like no other. The entire 11-acre boutique ranch property is available for buy-out, allowing groups to enjoy a private escape with exclusive access to all the ranch's luxury amenities: Air-conditioned luxury glamping wagons with full bathrooms On-site catering for events, weddings, receptions, and corporate gatherings Private chef-prepared meals, including cowboy cookouts Arena horse rides and equestrian lessons Pickleball, resort-style swimming pool, and expansive outdoor recreation Wellness retreats with meditation, sound bathing, and yoga sessions Whether you're looking to host a wedding ceremony and reception in Tucson or corporate off-site retreat or simply escape for a few days, Solana offers a unique, private ranch experience like nothing else in Tucson. And with its close proximity to Tanque Verde Falls, Saguaro National Park East, Mount Lemmon, and Agua Caliente Park, guests can immerse themselves in Tucson's natural beauty through hiking and biking. Historically Zoned Guest Ranch in Pima County The historical significance of Solana cannot be overstated. Not only is it the last of its kind in the area, but Solana is also the only guest ranch in Tucson to be re-recognized by Pima County in decades. This means Solana isn't just another resort—it's a true authentic ranch experience where guests can relive a classic western lifestyle with all the modern touches of luxury. Solana's Signature 'Ranch-to-Table' Experience Food is at the heart of the Solana experience. With an on-site chef specializing in ranch-style cuisine, guests can enjoy hearty meals with a gourmet twist. From cowboy cookouts under the stars to intimate fine-dining events, every meal is an experience. And for those planning an event, Solana offers full-service catering, making it the perfect venue for special occasions. Book Your Escape to Solana Guest Ranch Experience the last of Tucson's guest ranches and the luxury of modern ranch life at Solana Guest Ranch and Spanish Villas. The ranch is now open and accepting bookings for special events, private retreats, and luxury stays. For more information or to book your stay, visit or call (520) 200-2059 Media Contact: John Jacobs Solana Guest Ranch & Spanish Villas Phone: (520) 609-4592 Email: Manager@ Website: About Solana Guest Ranch & Spanish Villas: Solana Guest Ranch & Spanish Villas is a luxury boutique guest ranch located in the Tanque Verde Valley in Tucson, AZ. Revived and renovated by local entrepreneurs John and Danielle Jacobs, Solana offers a premier western experience with luxurious accommodations, on-site catering, wellness retreats, and exclusive private event venues. With close proximity to Tucson's most iconic natural wonders, Solana is the perfect place to reconnect with nature, celebrate special moments, and experience true Arizona ranch-life luxury. A photo accompanying this announcement is available at: while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Fast Company
an hour ago
- Fast Company
5 secrets for breaking through the entry-level job ‘glass floor'
From on-again-off-again tariffs, economic uncertainty, and layoffs, fresh graduates are in one of the toughest job markets in recent history. More than half do not have a job lined up by the time they graduate, and the unemployment rate for young degree holders is the highest it's been in 12 years, not counting the pandemic. Technological advancements are further making the situation harder, as artificial intelligence (AI) has wormed its way into the workforce, cannibalizing the number of entry-level jobs available. What's a young grad to do? I interviewed hiring managers, career advisers, and college students, and in this piece you'll learn: What out-of-work new grads need to be doing right now in their 'limbo' How to identify industries that are hiring you may never have thought of The right approach to developing AI literacy to stand out 1. Use limbo productively What several recent college grads refer to as 'limbo,' the time period between graduation and employment, is often regarded as an excruciating phase of uncertainty. Experts recommend using this time as an opportunity for gaining experience outside of traditional corporate work.
