Elon Musk's Tesla Under Scrutiny: New Footage Reveals Cars On Autopilot Crashing Into Police Vehicles
Portfolio Pulse from Benzinga Neuro
Tesla Inc. (NASDAQ:TSLA) is under scrutiny as footage reveals its Autopilot vehicles crashing into police cars. The U.S. National Highway Traffic Safety Administration (NHTSA) has been investigating Tesla's Autopilot since 2021, with the number of crashes under investigation growing from 11 to 16. Despite these incidents, many are attributed to user errors, such as intoxication.
August 10, 2023 | 3:05 am
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Tesla's Autopilot system is under federal investigation due to crashes involving police vehicles. While many incidents are due to user errors, the negative publicity could impact Tesla's reputation and stock price.
The ongoing federal investigation into Tesla's Autopilot system and the negative publicity from the crashes could potentially harm Tesla's reputation and consumer trust in its products. This could lead to a decrease in sales and subsequently, a drop in the stock price. However, it's important to note that many of these incidents are attributed to user errors.
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IMPORTANCE 75
RELEVANCE 100