Tesla shock movement; the automaker is shutting down video games; Tesla Model 3, S, X, M affected


Tesla has informed that it is changing the functionality of its video game function in Tesla Model 3, Tesla Model S, Tesla Model X, Tesla Model Y.

Electric automaker Tesla will update its vehicle’s software to prevent drivers from playing console video games while the car is in motion, U.S. road safety regulators said Thursday. “After opening a preliminary assessment of Tesla’s Passenger Play, Tesla informed the agency that it was changing the functionality of this feature,” a spokesperson for the National Highway Traffic Safety Administration said in a statement. press release sent to AFP. The affected models are the Tesla Model 3, Tesla Model S, Tesla Model X and Tesla Model Y.

“In a new software update, ‘Passenger Play’ will now be locked and unusable when the vehicle is in motion.”

The agency said it had launched an investigation into some 580,000 Tesla cars after the automaker’s decision to allow drivers to play on the entertainment system’s touchscreen while the vehicle was in motion.

The option to enable the passenger game on the main screen while driving has made drivers susceptible to distraction and increased the risk of an accident, the NHTSA said.

He said earlier that he had confirmed that the gaming feature has been available since December 2020 in many Tesla vehicles, having only been activated in park mode on previous cars.

NHTSA began the investigation following a customer complaint earlier this year.

“Why is a manufacturer allowed to create an inherently distracting live video that takes up two-thirds of the screen the driver relies on for all vehicle information?” A complaint from Lake Oswego said , Oregon.

Distracted driving caused 3,142 fatalities in the United States in 2019, according to NHTSA

Despite various controversies, Tesla’s shares have skyrocketed over the past two years, making company boss Elon Musk the richest person in the world, according to Forbes.

Elon Musk: I’m almost done with sales of Tesla shares

(Reuters) Tesla Inc chief executive Elon Musk, which has sold more than $ 15 billion in shares of the company since early November, said on Wednesday he had “almost completed” his sales of shares.

The billionaire had made confused statements about whether or not he could do away with his stated goal of selling 10% of his Tesla shares.

“I sold enough shares to hit around 10% plus options exercises and tried to be extremely literal here,” he said in an interview with conservative satirical site Babylon Bee on Tuesday. .

But on Wednesday, he suggested he might not be done. “This assumes the completion of the 10b sell,” he tweeted, referring to his pre-set sell plan tied to his options.

“There are still a few installments left, but almost done,” he tweeted later.

Under the rule 10b5-1 trading plan put in place in September, he exercised stock options that expire next year and sold part of the shares to pay taxes, according to documents from You’re here.

After a spate of selling, Musk still has around 1.5 million stock options that expire in August of next year.

Tesla shares extended their gains, rising more than 5% on Thursday after finishing 7.5% higher than the previous session.

‘LAND OF OVERTAXATION’

Musk said on November 6 that he would sell 10% of his stake if Twitter users were okay with it. Tesla shares, which had come close to record highs, lost about a quarter of their value soon after.

Musk sold an additional 934,091 shares on Wednesday, bringing the total he unloaded to 14.77 million – nearly 90% of the 17 million shares he was scheduled to sell.

When asked if he sold because of the Twitter poll, he said on Tuesday he had to exercise stock options that expire next year “whatever.” He added that he had sold additional “extra shares” to reach almost 10%.

Of the 14.77 million shares sold, 9.34 million were sold to pay taxes related to the exercise of its options, according to the Tesla Securities filings.

Musk, who moved the company’s headquarters from California to Texas earlier this month, also criticized California for “over-taxation” and “over-regulation” in Tuesday’s interview.

“California was once the land of opportunity and now it’s becoming … more and more the land of some kind of over-regulation, over-litigation, over-taxation,” he said, adding that he was “increasingly difficult to get things done” in California.

On Sunday, he said he would pay more than $ 11 billion in taxes this year. He said his personal tax rate exceeded 50%, which would include federal and state income taxes. Musk said last year he moved from California to Texas, where he is not subject to state income tax.

Musk also said the “metaverse,” which describes shared virtual environments, is unconvincing, adding that playing video games with eye protection can cause motion sickness. “Of course you can put a TV on your nose.”

“I think we’re a long way from disappearing in the Metaverse. That just sounds like a buzzword.”


Virginia C. Taylor