Safety regulator probing whether Tesla's recall of 2 million vehicles with Autopilot was adequate to fix safety threat [Yahoo! Finance]
Tesla, Inc. (TSLA)
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Source: Yahoo! Finance
The recall of 2 million Tesla vehicles was ordered by the National Highway Traffic Safety Administration over a software update that is designed to limit the use of its Autopilot feature. The NHTSA had said in December that the two-year probe of roughly 1,000 crashes in which the feature was engaged found it gave drivers a false sense of security and could be easily misused in certain dangerous situations when the technology may be unable to safely navigate the road. The NHTSA said late Thursday that Tesla's software update recall requires the owner to opt in and allows a driver to readily reverse it. The NHTSA said it is “therefore opening this recall query investigation to further evaluate the adequacy of the remedy.” This latest probe is a blow to Tesla and CEO Elon Musk's efforts to market the cars as effectively able to drive themselves, a luxury feature that makes the vehicles and the company more valuable . Earlier this week, Musk claimed the company would soon unveil plan
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