Tesla Stock News

The NHTSA probes reports that Tesla''s Autopilot software has a glitch that causes so-called phantom braking. Tesla stock fell.

Tesla phantom braking complaints elicit NHTSA investigation

If you thought Elon Musk was upset about frequent attention from the SEC… you guessed correctly. Musk and Tesla have written to a court accusing the SEC of conducting a "harassment campaign."

U.S. safety regulators have opened a new investigation into Tesla’s vehicles, following an increase in customer complaints about brake issues. The National Highway Traffic Safety … Read more The post NHTSA Launches Probe into Tesla ‘Phantom Braking’ appeared first on TeslaNorth.com .

Lawyers for Musk and Tesla say the US Securities and Exchange Commission seems to be targeting both because Musk is a ‘critic of the government’. By Bob Van VorisBloomberg Published On 17 Feb 202217 Feb 2022 Lawyers for Elon Musk and Tesla Inc. told a judge the U.S. Securities and Exchange Commission is “targeting” the two …

The American Jewish Committee (AJC) has called out Tesla CEO Elon Musk for comparing Canadian Prime Minister Justin Trudeau to Adolf Hitler. “Once again, Elon Musk has exercised extremely poor judgment by invoking Hitler to make a point on social media. He must stop this unacceptable behavior,” the AJC said to Teslarati in a statement. […] The post American Jewish Committee calls out Elon Musk for comparing Trudeau to Hitler appeared first on TESLARATI .

The US automobile watchdog has opened a probe into Tesla regarding complaints that its cars can unexpectedly stop for no apparent reason Read Full Article at RT.com

The world’s wealthiest person, Elon Musk, is being mocked and criticized after posting a meme comparing Canadian Prime Minister Justin Trudeau to Adolf Hitler. In a tweet Musk’s meme shows a photo of the Nazi leader, responsible for the deaths of approximately 17 million human beings, with the words: “Stop comparing me to Justin Trudeau. I had a budget.” The Daily Beast calls it a “deeply confused point about the anti-vaccine-mandate trucker protests and cryptocurrency,” along with ‘lazy, offensive, and attention-seeking.” Musk was responding to a report the Canadian government has ordered financial institutions to stop doing business with 34 cryptocurrency addresses: pic.twitter.com/ebhWoBNcM0 — Elon Musk (@Elon Musk) 1645083981 Musk, 50, previously said that he’s taken his COVID-19 vaccines, but has repeatedly railed against mandates, calling them an “erosion of freedom.” Earlier in the pandemic, he made another Nazi reference by complaining that lockdowns were “fascist” and “breaking people’s freedoms in ways that are horrible and wrong and not why they came to America.” But The Wall Street Journal adds that Musk is also attacking the Securities and Exchange Commission.

A lawyer for Elon Musk blasted the Securities and Exchange Commission and accused the agency of using its power to harass the Tesla founder.

Tesla Inc. stock took another dive below $900 on Thursday following news U.S. highway safety authorities have opened up an investigation into "phantom braking." The National Highway Traffic Safety Administration said it had received 354 complaints over the past nine months of Model 3s and Model Ys suddenly and unexpectedly braking in response to imaginary highway hazards. The EVs were equipped with Autopilot, Tesla''s suite of advanced driver assistance systems, NHTSA said. "The complaints allege that while utilizing the ADAS features including adaptive cruise control, the vehicle unexpectedly applies its brakes while driving at highway speeds. Complainants report that the rapid deceleration can occur without warning, at random, and often repeatedly in a single drive cycle," the agency said. Tesla shares have lost more than 15% so far this year and hold to gains of around 12% in the past 12 months, contrasting with an advance of around 13% for the S&P 500 index in the last 12 months and index''s losses of about 7% for the year.

The Washington Post reported on a surge in complaints of Tesla false braking events, leading to more than 70 new reports to NHTSA in a day.

Tesla Inc. (NASDAQ: TSLA ) CEO Elon Musk has taken to Twitter Inc (NYSE: TWTR ) again to comment about the ongoing trucker convoy demonstrations in Canada, but this time he observed the ongoing happening by making a jokey comparison between Canadian Prime Minister Justin Trudeau and Adolf Hitler . Der Fuehrer’s Face: Musk picked up on a tweet from CoinDesk’s account that stated, “Canadian authorities have ordered financial institutions not to interact with 34 different crypto addresses tied to the country''s ongoing trucker protests.” Musk’s response was to tweet a meme featuring a scowling Hitler with … Full story available on Benzinga.com

Owners have been lodging complaints to safety regulators for months over "phantom braking." Tang Ke/Costfoto/Barcroft Media via Getty Images US regulators have opened an…

NHTSA Investigates 416,000 Teslas Over ''Phantom Braking'' Dangers On Highways The National Highway Traffic Safety Administration (NHTSA) is laying down the hammer on Tesla, Inc. The agency is opening a formal investigation into 416,000 Model 3 and Model Y vehicles over reports of unexpected brake activation at high speeds when driver-assistance system Autopilot is engaged. NHTSA said the investigation is being opened after it received 354 complaints about "rapid deceleration can occur without warning, at random, and often repeatedly in a single drive cycle." No crashes or injuries have stemmed from the braking issue. Earlier this month, we noted the NHTSA reviewed complaints from drivers about ''phantom braking'' on highways resulting in near-collisions. One unidentified 2021 Tesla Model 3 driver in Madison, Wisconsin, complained about his unexpected braking incident on a major highway last month. "I was driving north on Wisconsin route 14 at about 60 mph in my Tesla model 3 using the cruise control," the driver said, adding that the sudden braking almost sparked an accident.

Lawyers for Musk and Tesla say US regulators seem to be targeting both because Musk is a ''critic of the government''.