Tesla Convenes High-Level Safety Forum With Government And Nonprofit Leaders, Executive Reveals
Portfolio Pulse from Anan Ashraf
Tesla Inc (NASDAQ:TSLA) hosted a 'safety research day' focusing on its vehicle safety advancements, including autopilot technology. The event, led by VP of Vehicle Engineering Lars Moravy, included leaders from government, academia, and NGOs. Tesla aims to share its safety findings with regulators and researchers for public benefit. This initiative follows recent media scrutiny over Tesla's full self-driving beta software related to a fatal accident. CEO Elon Musk defended the software, suggesting the accident might have been avoided if FSD had been engaged.
February 19, 2024 | 6:20 pm
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Tesla's 'safety research day' highlights its commitment to vehicle safety and autopilot technology, aiming to reassure regulators and the public amidst scrutiny over its FSD software.
The event is a strategic move by Tesla to highlight its ongoing commitment to safety, especially in light of recent negative media attention regarding its full self-driving software. By engaging with government, academic, and NGO leaders, Tesla aims to reinforce its reputation as a leader in vehicle safety. This proactive approach to safety and transparency could positively influence public and investor perception, potentially leading to a short-term positive impact on TSLA's stock price.
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