

Sec. Pete Buttigieg to Tesla Full Self-Driving fans: Keep your hands on the whee...
source link: https://finance.yahoo.com/news/sec-pete-buttigieg-to-tesla-full-self-driving-fans-keep-your-hands-on-the-wheel-192142060.html
Go to the source link to view the article. You can view the picture content, updated content and better typesetting reading experience. If the link is broken, please click the button below to view the snapshot at that time.

Sec. Pete Buttigieg to Tesla Full Self-Driving fans: Keep your hands on the wheel
U.S. Transportation Secretary Pete Buttigieg has a message to autonomous driving fans, many of whom are Tesla (TSLA) owners: Keep your hands on the wheel.
"There is enormous safety potential in the future of some of these automated driving technologies," Buttigieg said on Yahoo Finance Live (video above). "But any technology that's on the market today is something that is designed to supplement — not replace — your attention as a safe driver. And I am very concerned about any scenario where any driver thinks otherwise."
Buttigieg's message to drivers is well-timed. Tesla said Thursday it is recalling "certain" vehicles that feature Full Self-Driving Beta software, including 2016-2023 Model S and Model X, 2017-2023 Model 3, and 2020-2023 Model Y EVs.
The recall will impact 362,758 vehicles. Tesla stock fell slightly on the news.
Tesla officially began offering full self-driving software to owners in late 2022 after having it in Beta mode for about a year. The EV maker is among the likes of Mercedes (MBG.DE) and General Motors (GM) in pushing aggressively for autonomous driving technology.
The industry's foray into such tech is being closely scrutinized by regulators, as it should be, given safety concerns.
There were nearly 400 crashes in the U.S. over 10 months from July 2021 through May 2022 involving self-driving technology, per findings from the National Highway Traffic Safety Administration (NHTSA).
"We are a long way off from automated vehicles, where you can sit back, take a nap, or read the paper while it takes you from point A to point B," Buttigieg added.
Buttigieg also discussed Tesla's new approach to sharing its superchargers with rival EVs. For more on that, be sure to watch the full interview below:
White House, Tesla partnership ‘a great opportunity,’ Sec. Buttigieg says
U.S. Secretary of Transportation Pete Buttigieg joins Yahoo Finance Live to discuss the buildout of Tesla’s new charging network, U.S. EV goals, the regulation of autonomous driving technology, and an update on what the Department of Transportation is doing about the train derailment in East Palestine, Ohio.
Brian Sozzi is Yahoo Finance's Executive Editor. Follow Sozzi on Twitter @BrianSozzi and on LinkedIn.
Click here for the latest trending stock tickers of the Yahoo Finance platform
- TechCrunch
Tesla recalls 362,758 vehicles over Full Self-Driving software safety concerns
Tesla has issued a recall of its Full Self-Driving software, an advanced driver-assistance system that federal safety regulators say could allow vehicles to act unsafe around intersections and cause crashes. Tesla said it is recalling certain 2016–2023 Model S, Model X; 2017–2023 Model 3; and 2020–2023 Model Y vehicles equipped with Full Self-Driving Beta (FSD Beta) software or those pending installation. The recall, which was posted on the National Highway Traffic Safety Administration's website, affects as many as 362,758 vehicles equipped with the software, according to the notice.
12h ago - Fortune
An engineering professor warned that people trust self-driving technology so much it’s ‘injuring them or killing them’ a day before Tesla’s massive recall
Professor Missy Cummings said “overtrusting" self-driving tech could lead to accidents.
8h ago - The Wall Street Journal
How Bed Bath & Beyond Avoided Bankruptcy
As banks pushed for repayment, a hedge fund saw a troubled company that had one thing going for it: the passionate interest of individual investors.
12h ago - Reuters
Tesla recalls 362,000 U.S. vehicles over Full Self-Driving software
WASHINGTON (Reuters) -Tesla Inc will recall more than 362,000 U.S. vehicles to update its Full Self-Driving (FSD) Beta software after U.S. regulators said on Thursday the driver assistance system did not adequately adhere to traffic safety laws and could cause crashes. The National Highway Traffic Safety Administration (NHTSA) said the Tesla software allows a vehicle to "exceed speed limits or travel through intersections in an unlawful or unpredictable manner increases the risk of a crash." Tesla said it disagreed with NHTSA's analysis but ultimately acquiesced to the safety agency's January request.
13h ago - The Wall Street Journal
Tesla Recalls Roughly 362,800 Vehicles Equipped With ‘Full-Self Driving’ Beta Over Crash Risk
Some Teslas could—in rare circumstances—violate local traffic laws and potentially increase the risk of a collision if a driver fails to intervene, according to federal safety regulators.
9h ago - Barrons.com
Tesla Recalls Cars With Self-Driving Flaw. Elon Musk Is Paying Attention.
The stock has fallen in response, Elon Musk is commenting on it, and the move affects the company’s most advanced self-driving software. The National Highway Traffic Safety Administration posted a recall notice affecting Tesla (ticker: TSLA) vehicles equipped with FSD Beta, the company’s fanciest self-driving software. Investors should note the number of cars involved—362,758—because that is likely the number of vehicles in the U.S. using FSD Beta.
9h ago - Engadget
The Morning After: Elon Musk reportedly had his own tweets boosted out of jealousy
The top news stories today: Elon Musk reportedly had his own tweets prioritized out of jealousy, Apple's MLS Season Pass will stream games in 1080p, Our verdict on PlayStation’s ‘pro’ DualSense Edge controller.
18h ago - Yahoo Finance
DraftKings earnings: Stock pops after Q4 revenue beat, narrower-than-expected loss
DraftKings (DKNG) stock popped late Thursday after the sportsbook operator posted a revenue beat and narrower-than-expected loss for its fourth quarter.
9h ago - MarketWatch
One belligerent bot: Why did Bing’s chatbot compare a tech reporter to Hitler?
If you cross Microsoft's artificially intelligent chatbot, it might also insult your looks, threaten your reputation or compare you to Adolf Hitler.
6h ago - Bloomberg
China’s Top Tech Banker Goes Missing, Unnerving Finance Industry
(Bloomberg) -- The disappearance of high-profile banker Bao Fan is fueling speculation of a renewed clampdown on China’s finance industry. Most Read from BloombergChina Hits Back at US with Sanctions on Lockheed, RaytheonStocks Sink as Fed Officials Embrace Bigger Hikes: Markets WrapChina Warns of Retaliation Against US Over Balloon SagaTesla Recalls More Than 362,000 Cars Due to Self-Driving Crash RiskAdderall’s Disappearing Act Has Left Millions Without TreatmentBao’s company China Renaissance
4h ago - Fortune
‘Father of the internet’ Vint Cerf tells investors to think before pouring money into A.I. bots like ChatGPT: ‘There’s an ethical issue’
Google evangelist Vint Cerf thinks investors should "be thoughtful" before pouring money into ChatGPT-like tools just because they are cool.
2d ago - Yahoo Finance
Tesla beats BMW as top luxury brand in U.S. for first time
It’s now official… sort of. Tesla has now passed BMW as the top luxury brand in the U.S., according to new car registration data compiled by Experian in partnership with Automotive News.
14h ago - Yahoo Finance
Tesla recalls 362,758 vehicles over self-driving safety concerns, stock falls
Tesla shares are dropping after the National Highway Traffic Safety Administration (NHTSA) announced the automaker would recall 362,758 Tesla vehicles due to safety issues with its Full Self-Driving (FSD) beta software.
9h ago - TheStreet.com
Elon Musk Responds to NHTSA Recall Of 360,000 Tesla Vehicles; Stock Slumps
"The feature could potentially infringe upon local traffic laws or customs while executing certain driving maneuvers," the NHTSA said.
10h ago - Investor's Business Daily
Tesla Stock Falls After Recalling 362,000 Vehicles For Full Self-Driving Flaws
The NHTSA said the EV giant is recalling vehicles for Full Self-Driving flaws that can cause crashes.
9h ago - TheStreet.com
Ford Suffers Major Setback Against Tesla
The dark streak for Ford Motor continues. The automaker, which wants to accelerate development of electric vehicles to catch up with Tesla, has been delayed by a number of problems. For last year the company posted a net loss of $2 billion, a showing that didn't sit well with Chief Executive Jim Farley.
1d ago - The Wall Street Journal
Norfolk Southern Train Derails Near Detroit
Authorities in Michigan said there was no evidence of exposed hazardous materials from a Norfolk Southern Corp. train that derailed west of Detroit Thursday morning. The Van Buren Township Public Safety Department said there were no injuries. Local police said the derailment was under investigation and warned residents of road closures in the area.
9h ago - The Wall Street Journal
Ford’s Entrenched Problems Complicate CEO Jim Farley’s EV Future
The auto maker’s costly traditional business has hindered its plans of becoming a top producer of electric vehicles and digital services.
14h ago - Benzinga
A New Era of Auto Repair: How Electric Cars Will Be Fixed in the Future and What It Means for Consumers
Electric vehicles (EVs) are rapidly becoming more popular, with more and more models hitting the market every year. While electric cars offer many benefits over traditional gas-powered vehicles, they also require a different approach to repair and maintenance. In this article, we'll take a look at how electric cars will be fixed in the future and what it means for consumers. One of the most significant differences between electric cars and traditional vehicles is the drivetrain. EVs use an elect
15h ago - The Wall Street Journal
Shoichiro Toyoda Led Toyota to Dominance in the U.S.
Car maker’s longtime leader, who died at age 97, opened North American plants and started Lexus brand.
17h ago
Recommend
About Joyk
Aggregate valuable and interesting links.
Joyk means Joy of geeK