Tesla faces possible sales ban in California
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Elon Musk is famous for making big, unfulfilled promises about self-driving. Now, his EV company is in hot water in California.
U.S. sales have fallen further from their 2022 peak, and Elon Musk has already told investors to brace for a “few rough quarters.”
The DMV said Tesla’s use of terms like “Autopilot” and “Full Self-Driving” to describe its advanced driver assist systems “is misleading and violates state law.” The agency ordered a 30-day suspension of Tesla’s license to sell cars in the state if Tesla does not fix marketing concerns surrounding the term “Autopilot” within a 60-day window.
Of course, the patent application doesn't specifically mention Starlink, nor has Tesla described any plans to integrate its EVs with Starlink. And companies file patents all the time for products or innovations that never make it to the factory floor. But it's an interesting look into the potential future of connected cars.
Shares saw their first record close since December 2024, helping support the continued reign of the “Magnificent Seven.”
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Tesla stock (TSLA) climbs 4%, edging closer to one-year high
Shares in American electric vehicle producer Tesla ($TSLA) jumped over 4% on Monday to about $478 per share. The jump came after CEO Elon Musk on