Innoviz Technologies Ltd (INVZ)

[WeTheMarket]

Tesla recalls nearly all 2 million of its vehicles on US roads
December 13, 2023
https://www.cnn.com/2023/12/13/tech/tesla-recall-autopilot/index.html

Tesla is recalling nearly all 2 million of its cars on US roads to limit the use of its Autopilot feature following a two-year probe by US safety regulators of roughly 1,000 crashes in which the feature was engaged.

The limitations on Autopilot serve as a blow to Tesla’s efforts to market its vehicles to buyers willing to pay extra to have their cars do the driving for them.

The National Highway Traffic Safety Administration said the Autopilot system can give drivers a false sense of security and be easily misused in certain dangerous situations when a Tesla’s technology may be unable to safely navigate the road. The over-the-air software update will give Tesla drivers more warnings when they are not paying attention to the road while the Autopilot’s “Autosteer” function is turned on. Those notifications will remind drivers to keep their hands on the wheel and pay attention to the road, according to a statement from NHTSA.

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