Tesla (TSLA) Under Federal Investigation After Fatal Crash Incident

AI Summary

The National Highway Traffic Safety Administration (NHTSA) has opened a special investigation into a Tesla Model 3 crash in Katy, Texas, resulting in the death of a 76-year-old. The driver reportedly reached a speed of 73 mph, overriding the vehicle's self-driving system by pressing the accelerator fully. Since 2016, NHTSA has initiated more than 30 crash investigations related to Tesla's driving assistance systems, previously known as 'Autopilot.' The incident raises questions regarding Tesla's safety protocols and could impact consumer confidence and regulatory scrutiny of the company's self-driving technology.