Tesla shares tumbled more than 7% Friday on a report that CEO Elon Musk is considering laying off 10% of the company's workers, as well as new questions from U.S. regulators over complaints of the electric vehicles braking for no reason.
that cars operating on the automaker's partially automated driving systems have suddenly stopped on roadways for no apparent reason.
The National Highway Traffic Safety Administration revealed the number in a detailed information request letter to Tesla that was posted on the agency's website. It's the fourth formal investigation of the Texas automaker in the past three years, and NHTSA is supervising 23 Tesla recalls since January of 2021.© 2022 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.Please enter email address to continue
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