Tesla, Inc. (NASDAQ:TSLA) released its vehicle safety data report on Wednesday, after a hiatus of over a year. The report highlights a significantly lower crash rate for vehicles using Autopilot compared to those driven manually.
What Happened: According to the report, Tesla vehicles using Autopilot advanced driver assistance technology recorded a crash every 7.63 million miles driven in the last quarter. In comparison, Tesla drivers not using Autopilot recorded a crash in every 955,000 miles driven. This translates to a crash rate 8 times lower for vehicles using Autopilot compared to those without.
The average miles driven by a Tesla before recording a crash is significantly higher than the 2022 U.S. average of one crash every 670,000 miles.
Furthermore, Tesla claims that only one Tesla vehicle fire event occurred for every 130 million miles traveled between 2012 and 2022, significantly lower than the national average of one vehicle fire every 18 million ...