What’s Up? (Aug. 15-21)
Tesla Under Investigation
The country’s top auto-safety agency announced the broadest investigation yet into Tesla’s assisted-driving technology, which it calls Autopilot, prompted by at least 11 accidents in which Teslas crashed into parked emergency vehicles. The agency is investigating more than two dozen crashes that occurred with Autopilot in use, which resulted in at least 10 deaths. Despite its name, the feature does not make Teslas autonomous. Safety experts say it may encourage distracted driving by giving a false impression about its capabilities.
Amazon > Walmart
Twenty-six years after Amazon sold its first book, it surpassed Walmart in total sales. The value of all things sold on Amazon, by it and its third-party sellers, surpassed $610 billion in the 12 months through June, according to estimates compiled by FactSet. Walmart on Tuesday reported $566 billion in sales over a similar period. A…