Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [1][2] - The news team operates in key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] - Proactive focuses on medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [2][3] Group 2 - The team delivers news and insights across various sectors including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] - Proactive adopts technology to enhance workflows and improve content production [4][5] - All content published by Proactive is edited and authored by humans, ensuring adherence to best practices in content production and search engine optimization [5]

Core Insights - The investigation focuses on Tesla vehicles that are reported to be running red lights and violating other traffic laws [1] Group 1 - The probe is centered on specific traffic violations involving Tesla vehicles [1]

Core Insights - Tesla has registered plans for a longer-range variant of its Model Y in China, indicating a strategic move to enhance its product offerings in the competitive EV market [1] Company Developments - The filing information was made available on China's industry ministry website, suggesting that Tesla is actively pursuing regulatory approvals for the new variant [1] Industry Context - The introduction of a longer-range Model Y aligns with the growing demand for electric vehicles in China, a key market for Tesla [1]

Core Viewpoint - The National Highway Traffic Safety Administration (NHTSA) has initiated an investigation into Tesla's Full Self-Driving (FSD) feature due to multiple reports of vehicles running red lights and driving against traffic, affecting approximately 2.8 million vehicles [1][3]. Investigation Details - The investigation focuses on two versions of Tesla's FSD: FSD (Supervised) and FSD (Beta) [2]. - NHTSA has identified 18 complaints and one media report regarding FSD vehicles failing to stop at red lights, with issues including not coming to a complete stop and not displaying correct traffic signals [3]. - There are six reports of crashes linked to FSD driving into intersections, with four resulting in injuries, particularly noted at a specific intersection in Joppa, Maryland [3]. - Additional complaints include FSD driving in the wrong lane or through turn-only lanes, with reports indicating a lack of driver notification during these maneuvers [3]. Background Context - Elon Musk has consistently promoted Tesla's FSD and Autopilot features, predicting that unsupervised use would be available by the end of the year in certain areas [4]. - Tesla has faced ongoing scrutiny and investigations regarding its Autopilot and FSD features, including a class action lawsuit from California drivers alleging misleading information about the features [4].

Tesla stock fell early Thursday after the US National Highway Traffic Safety Administration (NHTSA) opened an investigation into the company's Full Self-Driving (FSD) driver-assistance technology, pot... ...

Core Points - The National Highway Traffic Safety Administration (NHTSA) has initiated an investigation into Tesla's Full Self-Driving (FSD) technology due to reports of vehicles running red lights and entering wrong lanes [1][2] - This investigation follows over 50 reports of violations, including four incidents that resulted in injuries, marking one of the first targeted probes into Tesla's FSD software [2] - The NHTSA had previously investigated Tesla's FSD in October 2024 after crashes in low-visibility conditions, and closed a separate investigation into Tesla's Autopilot system in April 2024, which identified 13 fatal crashes [3] Investigation Details - The NHTSA's Office of Defects Investigation (ODI) has received at least 18 complaints and one media report alleging that Tesla's FSD software failed to stop at red lights [5] - ODI has identified six reports from Tesla under the Standing General Order for Crash Reporting, which requires companies to report crashes involving autonomous vehicles [5] - The investigation was opened concurrently with the release of a new version of Tesla's FSD software, which incorporates training data from a limited robotaxi pilot in Austin, Texas [4] Specific Incidents - ODI has noted multiple incidents at the same intersection in Joppa, Maryland, where red light issues were reported, and Tesla has taken action to address these problems [6] - Additional complaints include instances where FSD entered opposing lanes or crossed double-yellow markings, and attempted to turn onto roads against traffic signs [7] - Reports indicate that FSD executed lane changes into opposing lanes with little notice to drivers, raising safety concerns [9] Investigation Process - The NHTSA has opened a "Preliminary Evaluation," a step that could lead to a recall if necessary, with a typical investigation timeline of eight months [10] - There are concerns that a federal government shutdown may impact the investigation timeline [10]

Core Viewpoint - The National Highway Traffic Safety Administration (NHTSA) has initiated an investigation into Tesla's full self-driving (FSD) technology due to traffic safety violations linked to a series of crashes involving Tesla vehicles [1][2]. Investigation Details - The NHTSA's preliminary evaluation is a precursor to a potential recall if the vehicles are deemed a safety risk [2]. - Reports indicate that 2.88 million Tesla vehicles have been involved in incidents where they ran red lights or changed lanes incorrectly while using the FSD system [2]. Crash Reports - Six reports have been documented where Tesla vehicles with FSD engaged proceeded through red traffic signals, resulting in crashes with other vehicles [3]. - Among these incidents, four crashes led to injuries [3]. Complaints and System Behavior - The NHTSA has received 18 complaints and one media report alleging that Tesla vehicles with FSD failed to stop at red lights or did not accurately display traffic signal states [4]. - Some complainants noted that the FSD system did not provide adequate warnings as the vehicle approached red signals [6]. Previous Investigations - The NHTSA began an inquiry in October 2024 into 2.4 million Tesla vehicles equipped with FSD after four collisions occurred under reduced visibility conditions, one of which was fatal [7]. FSD System Description - Tesla's FSD is designed for use by attentive drivers who are ready to take control at any moment, and it is not intended to make the vehicle fully autonomous [8].

Core Insights - Tesla's board of directors approved the largest executive pay package in corporate history for Elon Musk, which is designed to align his compensation with ambitious performance targets [1] Group 1: Executive Compensation - The pay package is structured to incentivize Musk to achieve significant milestones, referred to as "Mars-shot milestones," which are expected to drive long-term growth for the company [1] - This decision aims to reassure investors about Musk's commitment to Tesla's future and performance [1]

YouTuber Zack Nelson, aka JerryRigEverything, says he is "disappointed" with Rivian Automotive Inc. (NASDAQ:RIVN) for not letting owners carry out basic repairs.Check out the current price of RIVN here.Rivian Won't Let Me Replace Battery, Says NelsonTaking to the social media platform X on Wednesday, Nelson expressed his frustrations with the automaker's repair policy. "My 12v batteries died after 3.5 years. Which is fine," Nelson said, adding that the phenomenon is common and easy to fix."However – Rivian ...

Core Points - The National Highway Traffic Safety Administration (NHTSA) is initiating an investigation into 2.88 million Tesla vehicles that are equipped with the Full Self-Driving system due to traffic safety concerns [1] Group 1 - The investigation is focused on the safety implications of Tesla's Full Self-Driving technology [1] - The number of vehicles under investigation is significant, totaling 2.88 million [1] - This action reflects ongoing scrutiny of autonomous driving systems and their impact on road safety [1]