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Stockreport

Tesla Faces California Sales Halt Over Marketing of Autopilot [Yahoo! Finance Canada]

Tesla, Inc. (TSLA)  More Company Research Source: Yahoo! Finance Canada
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
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 [Read more]

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Stockreport

Tesla Faces California Sales Halt Over Marketing of Autopilot [Yahoo! Finance Canada]

Tesla, Inc.  (TSLA) 
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
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 [Read more]

IMPACT SNAPSHOT
EVENT TIME:
TSLA
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS