Tesla (TSLA) Under Federal Investigation After Fatal Crash Incident

Published on Β· Source: cnbc.com

Tesla (TSLA) Under Federal Investigation After Fatal Crash Incident

AI Summary

Summarized by AI from the source below

The National Highway Traffic Safety Administration (NHTSA) has opened a special investigation into a Tesla Model 3 crash in Katy, Texas, resulting in the death of a 76-year-old. The driver reportedly reached a speed of 73 mph, overriding the vehicle's self-driving system by pressing the accelerator fully. Since 2016, NHTSA has initiated more than 30 crash investigations related to Tesla's driving assistance systems, previously known as 'Autopilot.' The incident raises questions regarding Tesla's safety protocols and could impact consumer confidence and regulatory scrutiny of the company's self-driving technology.

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About Tesla Inc. (TSLA)

Tesla is the leading electric-vehicle maker, also building energy-storage systems, solar products, and autonomous-driving and robotics technology.

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