Feds Reportedly Investigating Tesla for Fraud Related to Self-Driving Claims

Tesla is reportedly under federal investigation again for claims made about its Autopilot and Full Self-Driving systems. U.S. regulators are looking into whether Tesla committed securities or wire fraud, according to a report from Reuters on Wednesday. At the center of this probe are claims made about Tesla vehicle’s self-driving feature and whether those claims mislead investors and consumers.

Last month, the National Highway Traffic Safety Administration said it would investigate the company over its recall of more than 2 million vehicles with Autopilot. Since that recall, more than 20 Tesla vehicles using Autopilot have been involved in crashes, according to the Verge. Last October, Tesla confirmed that the DOJ filed a subpoena for more information about Tesla’s self-driving features.

SPACEX Business Finance Musk Nikola Tesla Elon Musk Vehicles With Autopilot Tesla Autopilot Self-Driving Car Tesla Inc. Full Self-Driving Criticism Of Tesla Inc. Gizmodo

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Feds investigating Ford Mustang Mach-E hands-free tech after fatal crashesThe National Highway Traffic Safety Admininstration is investigating Ford's BlueCruise driving assistance technology in Mustang Mach-E vehicles after two fatal crashes.
Source: FoxBusiness - 🏆 458. / 53 Read more »

Feds Probe Tesla's Recall of 2 Million EVs Over AutopilotRegulators have identified at least 13 serious crashes where Tesla's Autopilot was involved.
Source: Gizmodo - 🏆 556. / 51 Read more »

Tesla Autopilot Linked to 'Avoidable Crashes,' Feds Open New InvestigationHere's what the government found after investigating hundreds of claimed Tesla Autopilot crashes—and what it will investigate next.
Source: MotorTrend - 🏆 230. / 63 Read more »

The Feds Are Interested in Tesla Cybertruck's Alleged Stuck Accelerator IssuesUser error or manufacturer defect? The National Highway Traffic Safety Administration is curious about that, too.
Source: RoadandTrack - 🏆 577. / 51 Read more »

Kia’s affordable EV2 electric crossover is spotted as Tesla reportedly cancels Model 2Kia’s cheap EV2 crossover has been spotted camouflaged on the streets in Korea, boosting hope for an affordable EV that could undercut Tesla.
Source: verge - 🏆 94. / 67 Read more »

Tesla Is Reportedly Canceling Plans to Build a Sub-$30K Compact SUVReuters reports that Tesla is ditching the affordable new model as the company shifts focus towards its driverless robotaxis.
Source: CARandDRIVER - 🏆 576. / 51 Read more »