After China Offers "Partial Support" For Robotaxis, Biden's DoJ Probes Tesla Over Deceptive Self-Driving Claims [zero hedge]
Tesla, Inc. (TSLA)
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Source: zero hedge
After China Offers "Partial Support" For Robotaxis, Biden's DoJ Probes Tesla Over Deceptive Self-Driving Claims In what appears to be just the latest 'lawfare' angle of attack against Elon Musk (and his freedom of speech enabling platform), President Biden's Department of Justice is examining whether Tesla committed securities or wire fraud by misleading investors and consumers about its electric vehicles’ self-driving capabilities . Tesla’s Autopilot and Full Self-Driving systems assist with steering, braking and lane changes - but are not fully autonomous - and Reuters reports that, according to three people familiar with the matter, the DoJ is checking statements by the automaker and Chief Executive Elon Musk suggesting cars can drive themselves. 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 co
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