Why safety regulators closed their investigation into Tesla’s remote parking feature

Why safety regulators closed their investigation into Tesla’s remote parking feature

U.S. auto safety regulators closed its investigation into Tesla’s remote parking feature, known as “Actually Smart Summon,” after finding crashes were rare, at low speed, and not severe. The National Highway Traffic Safety Administration (NHTSA) said in its update on Friday that its closing of the investigation does not constitute a finding that a safety-related…

Read More
Self-driving tech startup Wayve raises .2B from Nvidia, Uber, and three automakers

Self-driving tech startup Wayve raises $1.2B from Nvidia, Uber, and three automakers

Wayve’s self-driving tech has attracted a diverse set of investors in the company’s latest $1.2 billion funding round, including three automakers, top venture and institutional firms, and returning backers Microsoft, Nvidia, and Uber. The total raise could reach $1.5 billion thanks to another $300 million from Uber contingent on deploying robotaxis, beginning in London. Everyone, it…

Read More