Tesla has been placed under federal investigation over numerous reports alleging that its Full Self-Driving (FSD) software violated multiple traffic laws, leading to at least six crashes, four of which resulted in injuries.  In a report dated Oct. 7, the National Highway Traffic Safety Administration (NHTSA) cited at least 18 complaints involving Tesla vehicles using the self-driving feature that allegedly ran red lights or veered into opposing lanes.According to the agency’s Office of Defects Investigation ...

Federal regulators are investigating nearly 3 million Teslas following reports of crashes linked to the automaker’s self-driving technology.The US National Highway Transportation Safety Administration (NHTSA) said Thursday it was focusing on incidents in which Teslas failed to stop at red lights or drove on the wrong side of the road — sometimes slamming into other vehicles and causing injuries.It’s the latest effort from regulators to scrutinize Elon Musk’s electric car maker, which has faced federal probe ...

US automobile safety regulators have opened an investigation into Tesla vehicles equipped with its full self-driving technology over traffic-safety violations after a series of crashes.The National Highway Traffic Safety Administration (NHTSA) said the electric carmaker’s self driving assistance system, which requires drivers to pay attention and intervene if needed, had “induced vehicle behaviour that violated traffic safety laws”.The preliminary evaluation by the NHTSA is the first step before potentially ...

Core Viewpoint - Tesla's introduction of more affordable vehicle trims equipped with self-driving technology is expected to expand its market reach and support its autonomous driving ambitions [1][2][4]. Group 1: New Vehicle Launches - Tesla has launched "Standard" versions of the Model 3 and Model Y, priced at $36,990 and $39,990 respectively, both capable of driving over 300 miles on a single charge [3]. - These new models come with Tesla's camera-based hardware platform, enabling Full Self-Driving (Supervised) features available via subscription, maintaining the autonomy-ready path for buyers [3][10]. Group 2: Market Impact - The introduction of lower-priced models is anticipated to attract a broader customer base, especially after the expiration of the federal $7,500 electric vehicle tax credit [4]. - The new models are expected to increase the number of vehicles equipped for Tesla's future Robotaxi service, enhancing the potential for revenue generation through a ride-sharing program [2][5]. Group 3: Delivery Performance - Tesla reported a record third-quarter delivery of approximately 497,100 vehicles, marking a more than 7% increase year-over-year [6]. - However, production lagged behind deliveries, with 447,450 units produced, which may impact fourth-quarter delivery numbers [7][8]. Group 4: Future Outlook - While the immediate impact of the new models on Q4 performance is uncertain, they are likely to contribute positively to volume growth in 2026 and support the expansion of Tesla's Robotaxi fleet [10]. - The availability of the new standard models is set for late 2025 to early 2026, indicating a timeline for potential sales growth [9].

Tesla announced a new version of its full self-driving supervised technology Tuesday morning, but investors are looking for something bigger.Over the weekend, Elon Musk's company shared a teaser clip featuring a logo-emblazoned, spinning component that could be anything from a wheel cover to a fan or turbine. The clip ended with the numbers "10/7," indicating Tuesday's date for the reveal.Tesla posted a second clip to X on Sunday showing the outline of a vehicle's headlights in the dark.Shares climbed 5% Mo ...

Group 1 - Tesla is facing a lawsuit from over seven customers in China for allegedly failing to deliver the Full Self-Driving (FSD) features that they paid for, with demands for refunds and damages [2][5] - One plaintiff claims to have purchased the FSD feature in 2020 for 56,000 RMB (approximately $7,800), based on assurances from Tesla representatives about its imminent availability in China [3][4] - The lawsuit highlights that the FSD feature will only be available for vehicles equipped with the HW 4.0 Chip, leaving those with HW 3.0 temporarily without access [4] Group 2 - Tesla is also facing lawsuits in the U.S. regarding the FSD system, including a class action lawsuit in California for allegedly misleading claims about its capabilities [5] - Experts have expressed skepticism about the FSD system's ability to achieve higher levels of autonomy, criticizing Tesla's reliance on a camera-only approach [6] - Recent reports indicate that the FSD system has struggled with detecting and stopping at railway crossings, raising safety concerns and prompting communication from the NHTSA [7]

Group 1 - The Waymo-Via Transportation partnership was announced shortly after Waymo and Lyft revealed plans for self-driving taxis in Nashville [1]

Core Viewpoint - Tesla Inc. shares experienced a significant increase of 15.4% over the past week, driven by CEO Elon Musk's $1 billion share purchase and the launch of its self-driving feature in Australia and New Zealand [1] Company Summary - CEO Elon Musk purchased $1 billion worth of Tesla shares, indicating strong confidence in the company's future [1] - The rollout of Tesla's self-driving feature in Australia and New Zealand marks a significant expansion of its autonomous driving technology [1] Industry Summary - The surge in Tesla's stock price reflects positive market sentiment towards electric vehicle manufacturers, particularly those advancing in autonomous driving technology [1]

Core Viewpoint - Tesla is seeking to overturn a $243 million jury award related to a fatal crash involving its Autopilot technology, claiming that the jury was misled during the trial [1][6]. Group 1: Legal Proceedings - A jury found that while the driver was primarily at fault for the crash, Tesla was also liable due to faulty technology [2][8]. - Tesla argues that the opposing lawyers introduced irrelevant evidence that misled the jury, including claims that Tesla had hidden video and data related to the crash [4]. - The company is requesting a new trial or a significant reduction of the awarded damages [6]. Group 2: Implications for the Industry - The case raises concerns among automakers about potential liability risks if future juries hold manufacturers accountable for accidents even when drivers are negligent [3]. - Tesla's situation could deter innovation in the automotive industry, as companies may fear punitive damages for introducing new safety technologies [3]. Group 3: Autopilot Technology and Public Perception - The term "Autopilot" is criticized by plaintiff lawyers as misleading, suggesting that it encourages drivers to over-rely on the technology, which is not fully autonomous [9][12]. - European regulators have expressed concerns about Tesla's terminology for its driver assistance software, questioning whether it misleads consumers [11]. - The driver involved in the crash admitted to trusting the technology too much, highlighting the risks associated with consumer perceptions of Autopilot [14]. Group 4: Financial Impact - Following the jury's decision, Tesla's stock fell nearly 3.5%, reflecting investor concerns over the company's sales performance and public image [15].

Core Viewpoint - Tesla rejected a $60 million settlement proposal in a lawsuit related to a 2019 fatal crash involving its Autopilot-equipped Model S, resulting in a jury awarding $243 million in damages to the plaintiffs [1][4]. Legal Proceedings - The trial centered on an April 2019 crash where a Model S with Autopilot struck a parked Chevrolet Tahoe, leading to the death of Naibel Benavides Leon and serious injury to her boyfriend Dillon Angulo [3][4]. - Jurors awarded $129 million in compensatory damages and $200 million in punitive damages, with Tesla held liable for 33% of the compensatory damages, amounting to $42.6 million, and all punitive damages [4][7]. Company Response - Tesla has denied any wrongdoing, claiming the verdict undermines automotive safety and jeopardizes efforts to develop life-saving technology, and has announced plans to appeal the decision [6][9]. - The lawsuit is noted as the first trial involving the wrongful death of a third party due to Autopilot technology [6]. Context of Similar Cases - Tesla has faced multiple lawsuits regarding its self-driving capabilities, but most have been resolved or dismissed before reaching trial [8].