Elon Musk's Tesla Autopilot Faces Scrutiny As US Safety Regulator Questions 'Driver Inattention' Risk
Portfolio Pulse from Benzinga Neuro
The US auto safety regulator, National Highway Traffic Safety Administration (NHTSA), has demanded an explanation from Tesla Inc. (NASDAQ:TSLA) regarding a software change in its Autopilot driver assistance system. The regulator is concerned that the modification could lead to greater driver inattention and misuse of the Autopilot system. While no recall of Tesla's vehicles has been mandated, late responses to the special order could result in a daily penalty of $26,315.
August 30, 2023 | 3:22 am
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Tesla is under scrutiny by the NHTSA over a software change in its Autopilot system that could potentially increase driver inattention and misuse. This could lead to regulatory issues and potential penalties for the company.
The news directly pertains to Tesla and its Autopilot system. The NHTSA's concerns and potential penalties could negatively impact Tesla's reputation and financials in the short term. This could lead to a decrease in the company's stock price.
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