Exclusive-Tesla faces U.S. criminal probe over self-driving claims-sources

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The SEC and DOJ Look into Tesla (TSLA) Self-Driving Claims - WSJ

October 27, 2022 3:51 PM EDT

The SEC and DOJ are both probing Tesla (NASDAQ: TSLA) regarding statements about autopilot functionality, according to a report by The Wall Street Journal.

It was first reported Wednesday by Reuters that the US Department of Justice (DoJ) had launched a probe into the... More

Uber (UBER) Releases Early Findings on Tesla (TSLA) EV Partnership with Hertz (HTZ)

October 27, 2022 2:14 PM EDT

Roughly one year has passed since Uber (NYSE: UBER) and Hertz (NASDAQ: HTZ) launched a partnership to supply electric Tesla (NASDAQ: TSLA) vehicles to drivers of the ride-hailing company. An analyst from within Uber has published a report highlighting the early findings of the partnership.

According to Uber analyst, Rainer Lempart, since the program was launched in October of 2021, Teslas rented... More

Radio Flyer Recalls Tesla (TSLA) Cyberquad Following Safety Report

October 27, 2022 1:48 PM EDT

Radio Flyer has recalled the Tesla Cyberquad for Kids following a consumer safety commission report that claims the four-wheeler fails to comply with safety standard requirements.

The Cyberquad fails to comply with the federal mandatory safety standard requirements for youth ATVs, including mechanical suspension and maximum tire pressure,... More

Tesla (TSLA) Faces Criminal Probe Over Self-Driving Claims

October 26, 2022 3:56 PM EDT

An exclusive story by Reuters reports that American electric vehicle giant, Tesla Inc (NASDAQ: TSLA) is under criminal investigation by the United States over claims that the companys electric vehicles can drive themselves.

According to people familiar with the matter, the U.S. Department of Justice launched the previously undisclosed probe last year following more than a dozen crashes, some of them fatal, involving Teslas driver assistance system Autopilot, which was activated during the accidents.

Musk said in an interview with Automotive News in 2020 that Autopilot problems stem from... More