Automated Driving Scrutiny Weighs on Tesla and Waymo

Deep News
12 hours ago

Tesla (TSLA) shares declined 3.6% in early trading Thursday. Following a Senate hearing on autonomous driving, lawmakers questioned Tesla's Full Self-Driving system for its lack of lidar technology and geofencing restrictions. Alphabet's Waymo faced scrutiny over its use of vehicles manufactured overseas and remote operation concerns, dampening market sentiment.

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