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Stockreport

Tesla Risks California Sales Suspension Unless It Stops Using the Term 'Autopilot' [Yahoo! Finance]

Tesla, Inc. (TSLA)  More Company Research Source: Yahoo! Finance
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
The issue dates back to 2022, when the DMV filed complaints with the Office of Administrative Hearings, accusing Tesla of misleading customers by marketing its advanced driver assistance system (ADAS) as one that doesn't require human supervision. Those ADAS systems don't support fully autonomous driving to date, the DMV says. A hearing in the case was held in July, and a state administrative law judge proposed a decision in November. The decision was subject to review by the DMV, which has now adopted it with a few modifications. The DMV says Tesla used deceptive marketing language and should face a 30-day suspension of its California sales and manufacturing licenses. The agency, however, has temporarily stayed the sales order and permanently blocked the manufacturing order to give Tesla a chance "to take action regarding its use of the term 'autopilot.'" If the automaker doesn't act on the language in the next 60 days, it will be subject to the 30-day suspension of its dealer [Read more]
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Stockreport

Tesla Risks California Sales Suspension Unless It Stops Using the Term 'Autopilot' [Yahoo! Finance]

Tesla, Inc.  (TSLA) 
More Company Research Source: Yahoo! Finance
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
The issue dates back to 2022, when the DMV filed complaints with the Office of Administrative Hearings, accusing Tesla of misleading customers by marketing its advanced driver assistance system (ADAS) as one that doesn't require human supervision. Those ADAS systems don't support fully autonomous driving to date, the DMV says. A hearing in the case was held in July, and a state administrative law judge proposed a decision in November. The decision was subject to review by the DMV, which has now adopted it with a few modifications. The DMV says Tesla used deceptive marketing language and should face a 30-day suspension of its California sales and manufacturing licenses. The agency, however, has temporarily stayed the sales order and permanently blocked the manufacturing order to give Tesla a chance "to take action regarding its use of the term 'autopilot.'" If the automaker doesn't act on the language in the next 60 days, it will be subject to the 30-day suspension of its dealer [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