The Austin, Texas, electric vehicle maker cautioned that if the government decides to pursue an enforcement action, it could possibly have a material adverse impact on its business.
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Tesla Inc. is already facing multiple investigations by the National Highway Traffic Safety Administration for problems with its two driver-assist systems, Autopilot and “Full Self-Driving.”
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Despite their names, Tesla still says on its website that the cars can’t drive themselves. Teslas using “Full Self-Driving” can navigate roads in many cases, but experts say the system can make mistakes, which even CEO Elon Musk acknowledges. “We’re not saying it’s quite ready to have no one behind the wheel,” CEO Musk said in October.
Source: https://apnews.com/article/elon-musk-technology-accidents-business-f4f59a574cbe3fe2214c573ab81d47d3
I don't own or have any long or short positions with TSLA.
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