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Stock impact report

U.S. regulators target Tesla's 'nag reduction' autopilot device [Business News Network (BNN) Energy & Resources (Canada)]

Tesla, Inc. (TSLA) 
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
U.S. regulators target Tesla's 'nag reduction' autopilot device The Autopilot Buddy is marketed as a “nag reduction device” that can fool Tesla Inc.’s ( TSLA.O ) semi-autonomous driving system to circumvent a warning when a driver’s hands aren’t on the steering wheel, but U.S. regulators have another term for the product: “unacceptable.” The U.S. National Highway Traffic Safety Administration on Tuesday said it was ordering the aftermarket device maker to cease selling the Autopilot Buddy because it could put drivers and others at risk. A letter sent by NHTSA to the company, identified on the website autopilotbuddy.com as Dolder, Falco and Reese Partners LLC, orders it to respond by June 29 and certify that distribution and marketing of the product has ended. The company is not affiliated with Tesla. The Autopilot Buddy website promises to reduce Tesla’s “nagging reminders” to drivers that they need to put their hands on the wheel in order to allow customers to "enjoy autopilot." Desp Show less Read more
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