Tesla Reportedly Asked Highway Safety Officials To Redact Driver-Assistance Software Data In Crash Reports
Portfolio Pulse from Benzinga Neuro
Tesla Inc. (NASDAQ:TSLA) has reportedly asked the National Highway Traffic Safety Administration (NHTSA) to withhold specific details about the use of its driver-assistance software in cars involved in crashes, citing confidential business information. The NHTSA has been investigating Tesla's Autopilot system following 30 crashes that resulted in 10 fatalities between 2016 and 2021. The Department of Justice (DOJ) is also conducting a criminal investigation into the matter.
August 23, 2023 | 9:36 am
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Tesla's request to the NHTSA to withhold details about its driver-assistance software in crash reports could potentially impact investor sentiment and the company's stock price.
The news about Tesla's request to the NHTSA to withhold details about its driver-assistance software in crash reports could raise concerns among investors about transparency and potential legal and regulatory issues. This could negatively impact investor sentiment and potentially lead to a decrease in Tesla's stock price in the short term.
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