This article first appeared on GuruFocus.
Tesla (NASDAQ:TSLA) stock dipped 3% on Thursday after facing an expanded federal review of its Full Self-Driving (FSD) system after the National Highway Traffic Safety Administration (NHTSA) upgraded its investigation to a comprehensive engineering analysis.
The move comes after additional crashes raised concerns about the system’s ability to handle low-visibility driving conditions. The investigation now covers about 3.2 million vehicles, including the Model 3, Model Y, Model S, Model X, and Cybertruck equipped with FSD.
The NHTSA review follows nine crashes linked to the automated system, including one fatal accident. Agency officials said the FSD system failed to detect common roadway conditions that impaired visibility and did not provide timely alerts when camera performance deteriorated before incidents. Tesla has acknowledged limitations in its data and labeling, which may have caused under-reporting of similar events.
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