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Shares of Elon Musk's Tesla went up 15 percent on Monday after the electric carmaker reached a key milestone to roll out its advanced driver-assistance technology Full Self Driving (FSD) in China.
The National Highway Traffic Safety Administration (NHTSA) has opened a preliminary investigation into Ford's BlueCruise driver assistance system following two separate fatal crashes that occurred at night. BlueCruise joins Tesla's Autopilot as the second driver assistance program to face federal scrutiny.
As Elon Musk's Tesla faces multiple lawsuits and a federal investigation, the company's assertion that drivers are solely responsible for crashes involving its Autopilot technology is coming under intense scrutiny.
Shares of Elon Musk's Tesla went up 15 percent on Monday after the electric carmaker reached a key milestone to roll out its advanced driver-assistance technology Full Self Driving (FSD) in China.
It's the third inquiry launched by U.S. safety regulators into the technology in recent months