U.S. Authorities Initiate Probe into Tesla Operations

The US traffic safety agency, the National Highway Traffic Safety Administration (NHTSA), has announced an investigation into Tesla, focusing on potential delays in reporting accidents involving driver assistance systems. The investigation comes at a challenging time for the electric vehicle manufacturer, which is already under scrutiny for several other incidents.

The NHTSA's investigation centres on significant delays in reporting accidents, particularly those involving Tesla's Full Self-Driving (FSD) system. Approximately 2.4 million vehicles are affected by this investigation, which is set to probe the causes and extent of any potential shortcomings.

Regulators have expressed concerns about a function for remotely moving cars and the recent launch of robotaxis in Austin, Texas. The NHTSA is also investigating whether there are more reports pending and whether the data submitted was complete.

Tesla has attributed the delays to a "data collection issue" with the NHTSA. However, the agency accuses Tesla of submitting numerous accident reports months after the actual incidents.

The law requires a reporting period of only one to five days after a company becomes aware of such a crash. The exact timeframe of the NHTSA investigation into these delays is not specified.

Investors are cautious due to the negative press surrounding Tesla. While the ongoing investigations may not necessarily have a significant impact on Tesla's stock, they do not improve the company's image, which has been negatively affected by recent headlines.

The new investigation increases the pressure on Tesla, led by Elon Musk. It's worth noting that the publisher Börsenmedien AG's board and majority shareholder, Mr. Bernd Förtsch, has positions in Tesla that could potentially benefit from the publication's impact on the company's stock price.

Tesla's stock is traded under the WKN: A1CX3T. The company's response to the investigation and its resolution of the issues raised by the NHTSA will be closely watched by investors and regulators alike.

In conclusion, the NHTSA's investigation into Tesla is a significant development in the ongoing debate about the safety and reliability of autonomous driving technologies. The investigation's findings could have far-reaching implications for Tesla and the wider autonomous vehicle industry.