Tesla Inc (NASDAQ:TSLA) shares have soared in recent days thanks to progress being made with the company’s autonomous vehicle vision. A U.S. senator could throw cold water on the rally with a bill aimed to disrupt self-driving vehicles.
• Tesla stock is showing upward bias. What’s ahead for TSLA stock?
Senator Targets Tesla With New Bill
Sen. Ed Markey (D-Mass.) introduced a new bill aimed at self-driving vehicles, with potential wording targeting Tesla FSD directly.
The new bill, which is called the “Stay in Your Lane Act,” would require automotive companies working on Level 2 and higher self-driving systems to face restrictions for certain road types and conditions such as weather and geographic locations, as reported by The Verge.
Tesla allows FSD to be used on roads across the country without restriction, something that the bill could put an end to. The bill designates operational design domains as conditions needed to be met for autonomous features to be used.
“Self-driving cars aren’t a danger of the distant future — they are a pressing safety threat today,” Markey told The Verge. “Too often, certain car companies are rolling out autonomous driving features without responsible limitations on when and whether they can’t …Full story available on Benzinga.com
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