Summary
California regulators might stop Tesla from selling its electric cars in the state for 30 days due to concerns about how the company promotes its self-driving technology. A judge found that Tesla used misleading terms like "Autopilot" and "Full Self-Driving." Tesla has 90 days to adjust its marketing to avoid sales suspension.
Key Facts
- California regulators are considering suspending Tesla’s sales licence over marketing issues.
- The suspension could last 30 days and affect Tesla's ability to sell cars in California.
- A judge decided that Tesla misled consumers with terms like “Autopilot” and “Full Self-Driving."
- Tesla must clarify the limitations of its self-driving features within 90 days.
- Tesla has already started making changes to clarify that human supervision is needed when using its self-driving features.
- Tesla described the regulator's actions as excessive and argued that no customers had complained.
- Despite sales challenges, Tesla's stock price recently hit a record high before dropping slightly.
- Investors are interested in Tesla's work on AI and its plans for self-driving cars and robots.
