Setup News Ticker
Searching for 'Here Where'. (Return)

Yahoo BusinessJan 20, 2020
Tesla Slams Acceleration Petition Brought by ‘Short Seller'
(Bloomberg) -- Tesla Inc. fired back against a petition filed with U.S. regulators, saying in a blog post Monday that it's "completely false and was brought by a Tesla short seller."The National Highway Traffic Safety Administration is evaluating allegations that Tesla Inc. vehicles contain a defect that can cause sudden unintended acceleration, according to a notice posted on the agency's website last week. The review was prompted by a petition asking the agency to open a defect investigation of some 500,000 Tesla vehicles over the alleged flaw. The petition cited 127 consumer complaints to the agency and claims of 110 crashes.The Palo Alto, California-based maker of electric vehicles said it investigates every incident where a driver "alleges to us that their vehicle accelerated contrary to their input." In every case where Tesla had the vehicle's data, it confirmed the car operated as designed, the carmaker said."The car accelerates if, and only if, the driver told it to do so, and it slows or stops when the driver applies the brake," Tesla said in the post.NHTSA, after a technical review, can either deny the petition or grant it and open a formal probe of the alleged issue. Any member of the public can petition NHTSA for a defect investigation, and many have been rejected by the agency.In October, NHTSA said it would evaluate a separate petition alleging that Tesla updated battery management software in response to a potential defect that could lead to fires.\--With assistance from Ryan Beene.T
Chinavirus Sars-like shares Canada Meng
VirusChina Sars-like shares confirms spread
sharesChina fall virus mount GLOBAL
Huaweiextradition Meng CFO case Canada
TrumpCNN declare truce digital tax
billionBoeing borrow MAX crisis seeks
StockMarkets record Wrap near highs
MarketStocks GLOBAL Emerging Wrap MARKETS-Asia
Hithigh bushfires coal output conditions
globalIMF near MARKETS-Asia shares record

Top News (Business News)
Accounting Today
AdWeek News
Banking Business Review
Barron's This Week Magazine
Barron's Up and Down Wall Street Daily
Brad Ideas
Chicago Tribune Business News
CNBC Business
CNBC Economy
CNBC Finance
CNN/Money Real Estate News Analysis Indicators
Enterprise Application News
Forbes Headlines
Forbes Social Media News - China, Economy & Trade - Financial Markets - Hedge Funds - Telecoms - US
Google Business News
Google Market News
HBS Working Knowledge
INSEAD Knowledge
International Tax Review
L.S. Starrett News
MarketWatch Breaking News
MarketWatch MarketPulse
McKinsey Quarterly Business
Nielsen Trends
NonProfit Times
NPR Topics: Business
NYTimes Business
Private Equity Breaking News
Reuters Business
Reuters Company News
Reuters Money Updates: News Digest
Tax Policy News
The Economist International News
The Motley Fool
USA Today Money
Wall Street Journal US Business
Wall Street Transcript
Washington Post Business
WSJ Asia
WSJ Europe
WSJ MoneyBeat
WSJ Opinion
WSJ World Markets
Yahoo Business
  • CEOExpress
  • 1 Boston Place | Suite 2600
    Boston MA 02108
  • 617 482 1200
    617 299 8649 (fax)
  • Contact
  • As an Amazon Associate
    CEOExpress earns from
    qualifying purchases.

©1999-2020 CEOExpress Company LLC