Wall Street's "Secret Weapon"?

Wall Street insiders are eyeing a newly listed NYSE-A IPO that is taking on a $63B opportunity. Primed to reduce Brazil's dependence on foreign potash, this stock is poised for gains.

US seeks information from Tesla on how it developed and verified whether Autopilot recall worked

TOM KRISHER
May 07, 2024

DETROIT (AP) -- Federal highway safety investigators want Tesla to tell them how and why it developed the fix in a recall of more than 2 million vehicles equipped with the company's Autopilot partially automated driving system.

Investigators with the U.S. National Highway Traffic Safety Administration have concerns about whether the recall remedy worked because Tesla has reported 20 crashes since the remedy was sent out as an online software update in December.

In a l etter to Tesla posted on the agency's website Tuesday, investigators wrote that they could not find a difference between warnings to the driver to pay attention before the recall and after the new software was sent out. The agency said it will evaluate whether driver warnings are adequate, especially when a driver-monitoring camera is covered.

The agency asked for volumes of information about how Tesla developed the fix, and zeroed in on how it used human behavior to test the recall effectiveness.

The 18-page letter asks how Tesla used human behavior science in designing Autopilot, and the company's assessment of the importance of evaluating human factors.

It also wants Tesla to identify every job involved in human behavior evaluation and the qualifications of the workers. And it asks Tesla to say whether the positions still exist.

A message was left by The Associated Press early Tuesday seeking comment from Tesla about the NHTSA letter.

Tesla is in the process of laying off about 10% of its workforce, about 14,000 people, in an effort to cut costs to deal with falling global sales. CEO Elon Musk is telling Wall Street that the company is more of an artificial intelligence and robotics firm rather than an automaker.

NHTSA said it will evaluate the "prominence and scope" of Autopilot's controls to address misuse, confusion and use in areas that the system is not designed to handle.

It also said that Tesla has stated that owners can decide whether they want to opt in to parts of the recall remedy, and that it allows drivers to reverse parts of it.

Safety advocates have long expressed concern that Autopilot, which can keep a vehicle in its lane and a distance from objects in front of it, was not designed to operate on roads other than limited access highways.

Tesla tells owners that the system cannot drive itself despite its name, and that drivers must be ready to intervene at all times.

Continue Reading...

Popular

BNY Q4 Earnings: Higher Revenue, Lower Costs, And 102% Payout Ratio To Shareholders

BNY reported Q4 results, beating street expectations with adjusted EPS of $1.72 (+33% YoY) and revenue of $4.847 billion (+11% YoY).

Tesla To Suspend Parts Of Refreshed Model Y Lines In Shanghai For 3 Weeks: Report

EV giant Tesla reportedly plans to suspend parts of its manufacturing lines in Shanghai dedicated to making its refreshed Model Y SUV.

Man Who Predicted Trump's Win: "Do This Before January 20th" - Ad

According to legendary investor Louis Navellier, who correctly predicted Trump's win... This Trump inauguration move could be the difference between accelerating your retirement in the first 100 days of his administration...OR losing a big chunk of your retirement.

Question on ASEAN stumped Hegseth at Senate hearing. What is it and why is it important?

BANGKOK (AP) — Sen. Tammy Duckworth, grilling President-elect choice for defense secretary over whether he had the “breadth and depth of knowledge” needed to lead international negotiations, asked if could name one member of the , describe what type of agreement the U.S. had with the countries and how many nations were in the bloc.

If you walked by this guy on the street, you would not think "millionaire" - Ad

You would probably think "accountant" or "average cubicle guy." Actually, he was a lawyer until he unlocked this secret that made him $5 million. How does he do it? We'll warn you... it's about as exciting as a ham sandwich. But it's turning regular readers into 6-figure income machines.

Biden's big semiconductor law will ramp up US chip production -- but at a high cost, report finds

WASHINGTON (AP) — A sweeping 2022 law, touted by as a way to revive U.S. manufacturing of semiconductors and reduce the country’s reliance on foreign-made computer chips, will “sharply increase production’’ of semiconductors in the United States. But it will do so at a high cost and might not deliver the best bang for the buck, concludes a report out Wednesday by an economic think tank in Washington.

The High Roller of iGaming Stocks - Ad

Targeting high-margin players with 60% revenue growth and cutting-edge technology, this stock is a standout in iGaming. Opportunities like this are rare--Get the symbol here the crowd catches on.

2 bodies are found in the landing gear of JetBlue plane at Florida airport

FORT LAUDERDALE, Fla. (AP) — Two bodies were found in the landing gear compartment of a JetBlue aircraft at a South Florida airport, authorities said.

The iGaming Underdog Set to Shine - Ad

This company's premium casino strategy is crushing the competition. Tight share structure, explosive growth, and major market catalysts make this stock a hidden gem in iGaming.

Kohl's to close 27 stores by April as struggling retailer looks to improve profits, sales

NEW YORK (AP) — Kohl’s said Friday it was closing 27 underperforming stores in 15 states by April — a fraction of its 1,150 store base — as the struggling department store aims to boost profitability and improve sagging sales.

Macy's Shuts Down 66 Locations As Part Of New Chapter Strategy

Macy's revealed plans to close 66 stores as part of its "Bold New Chapter" strategy. The company aims to eliminate underperforming locations and focus on its successful stores.

Our No. 1 Way to Profit From Crypto Boom (Under $1) - Ad

Many of the world's best and richest investors are piling their money into the same trade: Bitcoin. Including legendary hedge-fund manager Paul Tudor Jones, entrepreneur Elon Musk, and venture capitalist Tim Draper. But that pales in comparison to another huge investor (worth more than all the world's billionaires combined) we believe is about to start piling into Bitcoin next. Click here for the full story.

$125 Million Home of Luminar CEO Gutted in LA Wildfires After Week of Gains for Company

The most expensive home in California's Pacific Palisades, owned by Luminar Technologies CEO Austin Russell, has been ravaged by the ongoing Los Angeles wildfires.

Shortage leaves Dunkin' stores in Nebraska without any doughnuts

OMAHA, Neb. (AP) — Dunkin' dropped the “Donuts” from its brand name years ago. Now — at least across much of Nebraska — it doesn’t have doughnuts on the shelves either.

Revealed: Buffett's $4.9 Billion Secret - Ad

Over the last decade, the "Oracle of Omaha" has quietly made an extra $4.9 billion using a low-risk strategy. Jim Fink has used the same strategy to deliver an 84.7% winning rate for his subscribers.

Stock Of The Day: Is Walgreens Breaking Out?

Shares of Walgreens (WBA) are trading higher on an earnings beat. They may be breaking the resistance around the $11 level.

Is Bill Gates Missing the Big Picture? - Ad

Bill Gates calls it: "The most transformative technology any of us will see in our lifetimes." Eric Fry agrees, saying it's far more advanced than anything today... including AI. But he also warns it could send millions of Americans into poverty.

Consumer Tech News (Jan 6-10): Microsoft Pauses Ambitious Data Center Project, Blackstone Makes $300 Million Investment In AI & More

Melania Trump to executive produce upcoming Amazon documentary, offering rare insight into her life and influence in Donald Trump's political world. Apple unable to sell iPhone 16 in Indonesia due to content requirements. Samsung gears up for CES 2025.

Q4 Market Roller Coaster Reveals Retirement Planning Pitfalls

The roller coaster markets of the last quarter of 2024 hold some important lessons for how advisors should approach retirement planning with their clients.

Limited Time Offer -- Weiss' Gold Playbook - Ad

Do not miss the details about how to claim your piece of high-grade gold bullion -- minted exclusively for Weiss Members. The fact is that gold prices are now higher than ever before. It's critical you get all the critical facts BEFORE the Gold Bull Market Summit recording goes offline.

Peter Lynch's Money-Making Advice: 'When Things Go From Terrible to Semi-Terrible to OK, You Can Make a Lot of Money'

Peter Lynch, known for his remarkable 13-year tenure managing Fidelity's Magellan Fund, recently said that he has never explicitly promoted investing in the stock market.

Tenable Holdings CEO Amit Yoran Dies at 54

Amit Yoran, the CEO and chairman of Tenable Holdings, died on Friday at age 54.

"Boring Trade" Generates $185 Every Day. Like Clockwork. - Ad

Forget cryptos, pot stocks, and other "shiny object" investments. Instead, you could collect an average of $185 every day of the year with this "boring" trade strategy Forbes magazine says is "like finding money in the street."

Amazon Workers Return To Office With Some Exceptions Reported

Amazon began enforcing its global return-to-office policy on Monday, but there have been some exceptions reported.

270x More Lucrative Than NVIDIA? - Ad

If you've missed out on NVIDIA's recent 1,600% run... Don't worry. Because there's one AI stock that could be a lot more lucrative. It's currently trading for only $20.

Rudy Giuliani's Legal Crisis Intensifies With Second Contempt Ruling in One Week

Rudy Giuliani has been held in contempt of court for the second time this week for continuing to spread false claims about Georgia election workers.

Top 3 Industrials Stocks Which Could Rescue Your Portfolio This Quarter

The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.

Shutting Down at 11:59 PM EST - Ad

We're in the midst of an explosive bull market, with gold prices now higher than at any other point in history. Just days from now -- on Jan. 28 -- we expect a major financial event to push gold toward $3,000 ... and then much higher from there. It's why timing is so critical.

Severe flood warning issued as the UK faces more weather disruptions

LONDON (AP) — Serious flooding swamped parts of England on Tuesday and snow forced three airports to close temporarily as combined to extend that has plagued the U.K. since the start of the year.

Nvidia's AI Leadership Shines While ON Semiconductor Faces Demand Slump: Analyst

Analyst William Stein reports on CES 2025, highlighting strong AI infrastructure spending, benefiting Nvidia and increasing target for Analog Devices.

Bill Gates Is Betting Big on This New Technology - Ad

Bill Gates is betting the house on a new tech bound to make investors millions. He says the potential uses for it are "almost limitless." And he believes it is so revolutionary that soon we'll see one in every home. This is tech's next megatrend.

Microsoft Highlights 6 AI Trends For 2025

Microsoft Corp. listed six AI trends in a December 2024 blog post that it expects to shine in 2025. Here's a look at what one of the most influential AI hyperscalers sees in the year ahead.

Bitcoin Hits $106K: Trump's Next Move Could Trigger $200K - Ad

This rally is no accident -- it's part of Trump's bold vision to make America the "Bitcoin Superpower." Central to Trump's plan is the creation of a National Bitcoin Reserve -- a move that could make the U.S. one of the largest Bitcoin buyers in history, creating massive upward pressure on Bitcoin's price.

Coinbase Subpoenaed Over Polymarket Involvement, Federal Agency Seeks Customer Information

The Commodity Futures Trading Commission has issued a subpoena to cryptocurrency exchange Coinbase (NASDAQ:COIN) regarding its association with the prediction platform Polymarket, according to a Thursday report.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service