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Tesla Faces California Sales Halt Over Marketing of Autopilot [Yahoo! Finance Canada]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
(Bloomberg) -- Tesla Inc.'s car sales in California are poised to be suspended for 30 days over marketing practices that allegedly mislead consumers about the automated-driving capabilities of its vehicles. The California Department of Motor Vehicles said Tuesday the suspension won't take effect for 90 days to give Tesla time to appeal or come into compliance. The agency accused the company of exaggerating the abilities of features marketed as Autopilot and Full Self-Driving, and had asked an administrative judge to weigh whether a suspension is warranted. Most Read from Bloomberg “We're really asking Tesla to do their job, as they've done in other markets, to properly brand these vehicles,” Steve Gordon, director of the California DMV, told reporters. He said in a statement the company can take “simple steps” to resolve the issue permanently. A suspension of Tesla's sales license would be a major blow to the Austin-based company. California is the biggest market for car sale
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- Tesla has to rename 'Autopilot' because it doesn't drive itself: judge [Yahoo! Finance][Yahoo! Finance]
- California may halt Tesla sales due to ‘false advertising' in use of term ‘Autopilot' [Yahoo! Finance][Yahoo! Finance]
- California may halt Tesla sales due to ‘false advertising' in use of term ‘Autopilot' [CNN][CNN]
- Tesla Stock Is Down -- Regulators Are Taking Aim at 'Full Self-Driving' [Yahoo! Finance][Yahoo! Finance]
- California ready to block sales of Tesla unless it changes ‘misleading' autopilot claims [Yahoo! Finance][Yahoo! Finance]
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