U.S. regulators are giving Tesla (TSLA) a five-week extension to respond to claims that its vehicles have violated traffic laws while operating in Full Self-Driving mode, the Associated Press’ Matt Ott reports. A probe of the car maker’s FSD feature was opened in October after the National Highway and Traffic Safety Administration said it collected dozens of reports of the vehicles running red lights or driving on the wrong side of the road, in some cases colliding with other vehicles and causing injuries, the author notes. In a letter to Tesla, NHTSA said that the company now has until February 23 to answer the government’s request for information, pushed from the original January 19 deadline, the author says.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TSLA:
- Outage Hits Elon Musk’s X as More than 100,000 Users Report Problems
- Tesla Stock (NASDAQ:TSLA) Gains With String of Loyalty Awards
- Morning News Wrap-Up: Friday’s Biggest Stock Market Stories!
- Private Markets: SpaceX interviews banks to lead IPO, Skild AI raises $1.4B
- Tesla Stock (TSLA) Rises on Deadline Extension in Full Self-Driving Probe
