CNBC Television published this video item, entitled “Tesla shares down 5% following investigation announcement” – below is their description.
Tesla stock is still falling after the announcement of an investigation into the company by U.S. auto safety regulators. Phil LeBeau joins The Exchange to discuss the investigation, which focuses on issues with the automakers’ autopilot feature. Subscribe to CNBC PRO for access to investor and analyst insights on Tesla and more: https://cnb.cx/2BT2E7y
Tesla’s stock retreated nearly 5% after the National Highway Traffic Safety Administration announced a formal probe into the electric vehicle maker’s Autopilot partially automated driving system. The regulators identified 11 crashes resulting in at least 17 people injured and one dead.
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