U.S. seeks Tesla driver-assist documents; company hikes capex forecast

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Tesla Inc disclosed on Tuesday the U.S. Justice Department has sought documents related to its Full Self-Driving (FSD) and Autopilot driver-assistance systems as regulatory scrutiny intensifies.

disclosed on Tuesday the U.S. Justice Department has sought documents related to its Full Self-Driving and Autopilot driver-assistance systems as regulatory scrutiny intensifies.it "has received requests from the DOJ for documents related to Tesla’s Autopilot and FSD features."over claims that the company's electric vehicles could drive themselves. Reuters said the U.S.

Autopilot is designed to assist with steering, braking, speed and lane changes. The function currently requires active driver supervision and does not make the vehicle autonomous. Tesla separately sells the $15,000 full self-driving software as an add-on that enables its vehicles to change lanes and park autonomously.The Wall Street Journal reported in October that the Securities and Exchange Commission is conducting a civil investigation into Tesla's Autopilot statements, citing sources.

Tesla said it recorded an impairment loss of $204 million on the bitcoin it holds, while booking a gain of $64 million from converting the token into fiat currency.

 

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