U.S. prosecutors are examining whether Tesla, opens new tab committed securities or wire fraud by misleading investors and consumers about its electric vehicle's self driving capabilities, three people familiar with the matter told Reuters.
Tesla’s autopilot and full self-driving systems assist with steering, braking and lane changes - but are not fully autonomous. While Tesla has warned drivers to stay ready to take over driving, the justice department is examining other statements by Tesla and chief executive Elon Musk suggesting its cars can drive themselves.
Investigators are exploring whether Tesla committed wire fraud, which involves deception in interstate communications, by misleading consumers about its driver assistance systems.
Tesla’s autopilot and full self-driving systems assist with steering, braking and lane changes - but are not fully autonomous. While Tesla has warned drivers to stay ready to take over driving, the justice department is examining other statements by Tesla and chief executive Elon Musk suggesting its cars can drive themselves.
Investigators are exploring whether Tesla committed wire fraud, which involves deception in interstate communications, by misleading consumers about its driver assistance systems.
