NHTSA opens probe into Tesla's Autopilot system
Tesla Motors Inc
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12:14 01/05/24
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-$3.29
Authorities in the US opened a formal investigation into Tesla's Autopilot following multiple accidents involving parked emergency vehicles.
Nasdaq 100
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12:15 01/05/24
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The National Highway Traffic Safety Administration found that the carmaker's partially-automated driving system had difficulty identifying such vehicles.
It tied that fault to 11 crashes since 2018.
Tesla's Models Y,X,S and 3 from 2014 to 2021 were all included in the investigation.
Shares of Tesla were falling 2.36% to $700.56 in reaction to the news.