Auto Regulator NHTSA Pulls Up Alphabet's Waymo After Spotting 9 More 'Unexpected Driving Behavior' Reports
Portfolio Pulse from Anan Ashraf
The National Highway Traffic Safety Administration (NHTSA) has identified nine additional reports of 'unexpected driving behavior' in vehicles equipped with Waymo's fifth-generation automated driving system, bringing the total to 31 reports. These incidents include collisions with stationary objects and disobeying traffic rules. The NHTSA has requested further information from Waymo by June 11.
May 27, 2024 | 11:58 am
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NEGATIVE IMPACT
The NHTSA has identified nine additional reports of 'unexpected driving behavior' in Waymo's self-driving vehicles, bringing the total to 31. This raises safety concerns and could impact Waymo's operations and Alphabet's stock.
The additional reports of unexpected driving behavior in Waymo's vehicles increase regulatory scrutiny and raise safety concerns, which could negatively impact Alphabet's stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
The NHTSA has identified nine additional reports of 'unexpected driving behavior' in Waymo's self-driving vehicles, bringing the total to 31. This raises safety concerns and could impact Waymo's operations and Alphabet's stock.
The additional reports of unexpected driving behavior in Waymo's vehicles increase regulatory scrutiny and raise safety concerns, which could negatively impact Alphabet's stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100