WASHINGTON, Oct 22 (Bernama-Sputnik/RIA Novosti) -- Launching mass production of flying cars could lead to legal proceedings and potentially multi-million-dollar fines for Tesla due to safety issues, Director of The IPO Initiative in the Eugene Brigham Department of Finance, Insurance, and Real Estate at the University of Florida's Warrington College of Business, Professor Emeritus Jay Ritter told RIA Novosti.
World : Flying Cars Mass Production Could Expose Tesla To Lawsuits Over Safety Issues - US Expert
flying cars, tesla, legal proceedings,Europe
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Key takeaways
A US finance professor warns that mass-producing flying cars could expose Tesla to significant legal liability due to safety concerns. This follows a recent court ruling requiring Tesla to pay damages for a fatal Autopilot accident.
- Professor Jay Ritter stated that achieving the extreme reliability needed for flying cars is difficult and could lead to lawsuits.
- Tesla was ordered to pay US$243 million in August 2025 for a 2019 fatal accident involving Autopilot.
- Tesla recently demonstrated a Roadster prototype that hovered briefly and landed, with Musk describing it as sentient.
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