Home Ā» It is reported that Tesla was investigated by two major U.S. regulators and its stock price fell more than 6%-Tesla Tesla electric car

It is reported that Tesla was investigated by two major U.S. regulators and its stock price fell more than 6%-Tesla Tesla electric car

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In the regular trading of US stocks on December 7, Beijing time, Tesla fell $5.96, or 0.59%, to close at $1009.01.Affected by news of investigations by the US Securities and Exchange Commission (hereinafter referred to as “SEC”) and the National Highway Traffic Safety Administration (hereinafter referred to as “NHTSA”), Tesla once hit a bottom of $950.51, a drop of 6.3%.

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According to a Reuters article, an employee of Tesla’s solar business unit alleged to the SEC that “the company has not properly disclosed to shareholders and the public the risk of fire related to defects in solar products for several years.” The SEC takes this allegation very seriously and has launched an investigation. Neither Tesla nor the SEC commented on this. Reuters also published an article that the incident was quite serious, affecting “more than 60,000 American families and 500 government and private organizations.”

“The New York Times” also published an article that Tesla “may weaken the safety of Autopilot’s driver assistance system.” The focus of the “New York Times” report is CEO Elon Musk’s insistence that only cameras are configured for the Autopilot system, not supplemented by radar and lidar.

According to the “New York Times”, NHTSA is investigating whether this decision by Musk was “part of the cause of at least 12 traffic accidents related to Autopilot.” NHTSA is also considering whether Musk misled buyers’ perceptions of Autopilot’s automatic driving capabilities.

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