Tiger Brokers

Market Chatter: Tesla's EU Self-Driving Bid Faces Sweden Opposition on Speed-Limit Override

MT Newswires Live
Jun 19

Tesla's (TSLA) effort to secure EU approval for its supervised self-driving software faces opposition from Sweden's transport authority, which urged regulators to reject the rollout unless the automaker removes a feature that lets vehicles exceed posted speed limits, Reuters reported Thursday, citing a letter to the EU's Technical Committee on Motor Vehicle.

Tesla's self-driving system has been approved in some European countries, and its EU-wide authorization will be reviewed on June 30, the report said.

Tesla and Sweden's transport administration did not immediately respond to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 392.73, Change: -3.65, Percent Change: -0.92

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10