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Search resuls for: "” Tesla’s"


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☆ Tesla recalling nearly 363,000 vehicles equipped with ‘Full Self-Driving’
  + stars: | 2023-02-16 | by ( Chris Isidore | ) edition.cnn.com   time to read: +3 min
New York CNN —Tesla is recalling nearly 363,000 vehicles with its so-called “Full Self Driving” driver assist feature due to risks it can pose at intersections, even if the driver is paying attention and ready to take over control of the car. Tesla will attempt to fix the the FSD feature, which costs $15,000, through an over-the-air software update, the notice added. NHTSA itself has identified at least 273 crashes that involved one of Tesla’s driver assist systems. Tesla owners have filed a class-action lawsuit over the predictions and missed deadlines, which is still pending. Tesla, which has disbanded its public relations staff and has not responded to press inquiries for several years, could not be reached for comment.
☆ Premarket stocks: How the Fed could do a smaller rate hike and still upset markets
  + stars: | 2022-12-13 | by ( Nicole Goodkind | ) edition.cnn.com   time to read: +7 min
That will mark its seventh and final painful hike of the year, albeit a smaller one than the last four historically high three-quarter point increases. Investors will be paying close attention to these forecasts for clues about the path of rate hikes in the new year and beyond. Now the opposite is true, the dots have become a signal that interest rates will remain elevated into the future — spooking investors and Fed watchers alike. Back in December 2021, the Fed was only expecting rates to finish this year at about 0.9%. What else: Wednesday will also bring the Fed’s latest forecasts for the unemployment rate and gross domestic product (GDP) growth.
☆ Tesla: Our ‘failure’ to make actual self-driving cars ‘is not fraud’
  + stars: | 2022-12-12 | by ( Peter Valdes-Dapena | ) edition.cnn.com   time to read: +5 min
CNN —Tesla CEO Elon Musk has said numerous times since 2015 that Tesla cars would be entirely self-driving in two years, or less. Even when equipped with a $15,000 technology package that is literally called “Full Self Driving Capability,” a Tesla car can’t actually drive by itself. The lawsuit cited numerous times when Musk and others at Tesla had stated that, within a year or two, the cars would be fully self-driving thanks to software updates. For instance, in a 2016 Tweet, Musk stated that a Tesla car would be able to drive itself across the United States “by next year,” the suit said. Later that year, Tesla published a video, also cited in the lawsuit, which the automaker said showed one of its cars driving itself.
☆ Tesla seeks full retrial in factory worker’s race bias lawsuit
  + stars: | 2022-10-18 | by ( ) www.nbcnews.com   time to read: +2 min
The damages trial is scheduled for March. Lawyers for Tesla and Diaz did not immediately respond to requests for comment on Monday. Tesla on Friday said the issues of liability and damages are “inextricably interwoven,” and Diaz must start from scratch with a full retrial. Tesla is facing a series of lawsuits involving alleged widespread race discrimination and sexual harassment at the Fremont factory, including one by a California civil rights agency. The company last month counter-sued the agency, claiming it filed the lawsuit without following the procedures required by state law.
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