NatalieLopez

 11 Apr 24

tl;dr

The National Transportation Safety Board is investigating a fatal crash involving a Ford (NYSE:F) Mustang Mach-E SUV, equipped with Ford’s BlueCruise hand-free driving system, and two stationary cars on I-95 in Philadelphia. According to the NTSB report, on March 3, 2024, a Hyundai Elantra and Toyot...

The National Transportation Safety Board is investigating a fatal crash involving a Ford (NYSE:F) Mustang Mach-E SUV, equipped with Ford’s BlueCruise hand-free driving system, and two stationary cars on I-95 in Philadelphia. According to the NTSB report, on March 3, 2024, a Hyundai Elantra and Toyota Prius were struck from behind by the Mustang SUV. According to Reuters, Ford (F) was made aware of the incident on Wednesday and informed the NTSB as required. Although it is uncertain if BlueCruise was responsible for the crash, any accident involving autonomous driving must be reported to the NTSB. The agency has examined more than 900 crashes in which autonomous driving was in use. As recently as Tuesday, Tesla (TSLA) settled a lawsuit over a 2018 car crash that killed an Apple (AAPL) engineer after the self-driving system on his Model X allegedly steered the vehicle into a highway barrier.

More about Ford Motor Company

Ford Motor Company Summary

Ford Motor Company, commonly known as Ford, is an American multinational automaker that has its main headquarters in Dearborn, Michigan.

Industry: Manufacturing

Sector: Motor Vehicles & Passenger Car Bodies

Market Cap: $51,895,607,000

Current Price: $12.09

Price Change: 0.6

Price Change (%): 1.08%

52-Week Range: $44.07

Dividend Yield: 2.47%

Revenue (ttm): $176,190,996,000

EPS (ttm): $13.28

PE Ratio (ttm): 1.938

EPS Growth: 4.5%

More about Tesla Inc
Tesla Inc Summary

Tesla Inc

Tesla, Inc. is an American electric vehicle and clean energy company based in Palo Alto, California. Tesla's current products include electric cars, battery energy storage from home to grid-scale, solar panels and solar roof tiles, as well as other related products and services.

In 2020, Tesla had the highest sales in the plug-in and battery electric passenger car segments, capturing 16% of the plug-in market (which includes plug-in hybrids) and 23% of the battery-electric (purely electric) market. Through its subsidiary Tesla Energy, the company develops and is a major installer of solar photovoltaic energy generation systems in the United States. Tesla Energy is also one of the largest global suppliers of battery energy storage systems, with 3 GWh of battery storage supplied in 2020.

Manufacturing

MOTOR VEHICLES & PASSENGER CAR BODIES

Revenue: $547,019,522,000

Operating Income: $39.94

Net Income: $4.3

EPS: $30.49

Dividend: $0.155

Shares Outstanding: 967,729,970

Market Cap: $188.42 billion

P/E Ratio: 1.115

Yield: 0.035

More about Apple Inc

Apple Inc. Summary

Apple Inc. is an American multinational technology company that specializes in consumer electronics, computer software, and online services. It is the world's largest technology company by revenue, totaling $274.5 billion in 2020, and the world's most valuable company since January 2021.

As of

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Disclaimer

The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.
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