Tesla Executive Says Senator Blumenthal's Autopilot Claims 'Misinformed,' Invites Meeting With Safety Teams for Clarity
Portfolio Pulse from Anan Ashraf
Tesla Inc's executive Rohan Patel has called U.S. Senator Richard Blumenthal's criticism of Tesla's autopilot features 'misinformed' and has invited him to meet with Tesla's safety teams. Blumenthal has called for an investigation into Tesla, citing risks posed by the vehicles and a record of crashes and injuries. Patel defends autopilot, citing data showing it saves lives. This follows a recent recall of over 2 million Tesla vehicles for a software update to address issues identified by the NHTSA.
December 20, 2023 | 1:06 pm
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Tesla's executive Rohan Patel defends the company's autopilot system against criticism from Senator Blumenthal, inviting him to meet with safety teams for clarity. This comes after a recall affecting over 2 million vehicles for a software update.
While the news involves a defensive stance from Tesla's executive against regulatory criticism, which could be seen as a positive signal of the company's commitment to safety, it also highlights recent concerns and a large-scale recall. The mixed nature of the news is likely to have a neutral short-term impact on TSLA's stock price, as the market digests both the proactive response and the underlying safety concerns.
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