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In Tesla Autopilot probe, US prosecutors focus on securities, wire fraud

In Tesla Autopilot probe, US prosecutors focus on securities, wire fraud

by AIP Online Bureau | May 9, 2024 | International News, Regulation, Risk Management, Technology

Elon Musk,Chief Executive , Tesla Investigators are exploring whether Tesla committed wire fraud, which involves deception in interstate communications, by misleading consumers about its driver-assistance systems, the sources said. They are also examining whether...
Tesla vs Tesla: US carmaker sues Indian namesake for copying trademark

Tesla vs Tesla: US carmaker sues Indian namesake for copying trademark

by AIP Online Bureau | May 3, 2024 | Eco/Invest/Demography, Indian News, Risk Management, Technology

Tesla in a hearing at the Delhi High Court this week said the Indian company had continued advertising its products with the “Tesla Power” brand despite a cease-and-desist notice sent in April 2022, according to details of the proceedings posted on the...
In Tesla Autopilot probe, US prosecutors focus on securities, wire fraud

Elon Musk visits China as Tesla seeks self-driving technology rollout

by AIP Online Bureau | Apr 28, 2024 | International News, Technology

The U.S. electric vehicle maker rolled out Full Self-Driving, or FSD, the most autonomous version of its Autopilot software, four years ago but has yet to make it available in China, its second-largest market globally, despite customers urging it to do so...
US probes Tesla recall of 2 million vehicles over Autopilot, citing concerns

US probes Tesla recall of 2 million vehicles over Autopilot, citing concerns

by AIP Online Bureau | Apr 27, 2024 | International News, Regulation, Risk Management, Technology

The National Highway Traffic Safety Administration closed its nearly three-year defect investigation into Autopilot, saying it found evidence that “Tesla’s weak driver engagement system was not appropriate for Autopilot’s permissive operating...
Tesla settles case over fatal Autopilot crash of Apple engineer

Tesla settles case over fatal Autopilot crash of Apple engineer

by AIP Online Bureau | Apr 9, 2024 | International News, Risk Management, Technology

The settlement was made on the eve of the trial over the high-profile accident involving Tesla’s driver-assistant technology. Tesla faces a series of lawsuits over crashes related to the alleged use of Autopilot, putting the automaker at risk of large monetary...
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