Tesla Crash - Tesla Stocks Fell 3.32%

Tesla’s share price fell 3.32% after a Tesla vehicle slammed into a tree and killed two passengers. The Tesla stock was the biggest driving force behind the S&P 500 and the Nasdaq Composite Index. An 8.4% decline in bitcoin over the weekend, in which Tesla has a large investment, also weighed on its share price. Two men were killed in a Tesla vehicle that crashed into a tree north of Houston on Saturday night. None of the victims drove the vehicle at the time of the accident. This was also confirmed by Sargent Cinthya Umarzon of Harris County Four Station. The 2019 Tesla Model S was traveling at high speed when it deviated from the road in a curve and slammed into a tree and then ignited afterward. After the fire was extinguished, two passengers were found in the vehicle, one in the front passenger seat while his companion was in the back seat of the Tesla. Elon Musk, CEO of Tesla, said in January that he expects a huge benefit from his full self-driving software, saying he is "very confident that the car will exceed man's reliability this year." Self-driving technology must overcome safety and regulatory barriers to achieve commercial success. According to Umanzor, the two accident victims were born in 1962 and 1951.