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USA with more than 750 complaints about sudden road stops of Tesla vehicles

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USA with more than 750 complaints about sudden road stops of Tesla vehicles

More than 750 Tesla vehicle owners have filed complaints with the US safety regulator for sudden stops on the road for no apparent reason in cars with partially automated steering systems.

The US National Highway Traffic Safety Administration (NHTSA) on Friday released a number of complaints in a letter requesting information from the vehicle manufacturer.

In a 14-page document dated May 4, Tesla is asking for all customer reports of “phantom” braking, as well as reports of accidents, injuries, deaths, and property damage claims.

The regulator also questioned whether the full self-driving and automatic emergency braking systems were active during any of these incidents.

The agency began investigating ghost braking on Tesla Models 3 and Y in February after receiving 354 complaints regarding about 416,000 vehicles in 2021 and 2022. At the time, the agency said it had no reports of accidents or injuries.

The announcement from the Elon Musk-founded company gives a June 20 deadline for fulfilling the request for information, although it mentions that Tesla may ask for an extension.

Shares of Tesla Inc. fell more than 9% on Friday and the company did not respond to requests for comment from the Associated Press (AP).

The agency explained that the investigation involved vehicles equipped with automated driver assistance features such as adapted cruise control and “autopilot” that allow them to automatically brake and steer into lane.

“Complaints indicate that rapid decelerations can occur without warning and often repeatedly during the same driving cycle,” the regulator added.

This is the Texas manufacturer’s fourth official investigation in three years, and the NHTSA is monitoring 23 recalls. [chamadas dos veículos à fábrica] Tesla since January 2021.

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The agency is also investigating complaints about automatic emergency braking systems on more than 1.7 million Honda vehicles that can stop cars for no reason.

In addition, the NHTSA is conducting a broader accident investigation involving partially automated driving systems from all manufacturers.

Fifteen people have died in accidents under investigation by the NHTSA and at least 15 others have been injured. According to agency documents, 14 of the fatalities occurred in crashes involving Tesla.

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Economy

The fall in prices in a double dose “lightens” the Portuguese wallets. Know how much you will pay to complete the deposit

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Between rising fuel prices and falling CPI for gasoline.  Find out how much you will pay for replenishing your deposit this week

For the first time in the past five weeks, diesel fuel will follow a downward trend. And the good news is that next week, gasoline will follow the same path: according to a sector source contacted by Multinews, the main national oil companies are “focusing on reducing the price of diesel to three cents.” per litre. In the same sense, gasoline should be cheaper to 1 cent.”

Private label gas stations, which usually operate near hypermarkets, are following the trend and are reporting “a €0.0077 price decrease for petrol and €0.0273 for diesel,” another source said.

Taking into account these movements, the Government has determined an additional ISP reduction of 1.2 cents for gasoline and 0.4 cents for diesel from this Monday, which will be reflected in tax relief, the Ministry of Finance said.

It was the sixth decline in gasoline prices since the start of the year, despite having already registered 19 weeks of growth. As for diesel fuel, this is the seventh drop since January, which, however, is “contradicted” by 17 increases in 2022. During this period, the price of diesel increased by 47 cents per liter, while the price of gasoline rose by 51 cents.

This means that filling a 60-liter tank of diesel fuel costs 28.2 euros more than in January. It takes 30.6 euros more to fill up the gas tank than in the first week of the year. Remember the fuel prices at the beginning of the year: 1,501 euros for diesel and 1,665 euros for gasoline.

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This Monday, taking into account the announced break, the invoice confirming the deposit of 60 liters of diesel fuel will decrease by 1.8 euros. If you fill up the gas tank, you save 60 cents.

Data from the Directorate General of Energy and Geology (DGEG) shows that the average price of a liter of diesel fuel in Portugal is currently 2080 euros per liter, while the price of 95 gasoline is 2121 euros. The latest fuel bulletin from the European Commission states that Portugal ranks 9th in terms of the cost of gasoline 95 of the 27 countries of the European Union. Diesel takes the 10th position in the European ranking.

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Stoxx 600 at 16-month low. Portuguese debt interest below 2.5% – markets per minute

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Stoxx 600 at 16-month low.  Portuguese debt interest below 2.5% - markets per minute

The Stoxx 600 hit 16-month lows and is about to record the worst half since the 2008 crash.

European stocks started the session colored red, refreshing their February 2021 “benchmark” lows, fueled by fears of a possible recession, fueled by statements by US Federal Reserve Chairman Jerome Powell in the US Senate.

The Stoxx 600 lost 1.25% to 400.68 points. Of the 20 sectors included in the index, energy and mining companies are suffering losses due to falling prices for oil and other raw materials. The European benchmark par excellence has already lost 19% since its peak in January, so it is one step away from a bear market.

The benchmark is even set to record the worst half since the 2008 financial crisis triggered by the war in Ukraine and hawkish central bank monetary policy to curb inflation, the world’s biggest monetary crisis, according to a Bloomberg report. tightening of the movement since the 2000s.

However, some strategists believe that part of the losses can be won back. The Stoxx 600 should end the year at 467 points, up 14% from Tuesday, according to Bloomberg’s mid-month forecast of 15.

“Now there are interesting opportunities in the medium term. The situation remains the same, but it seems that the market is starting to learn to live with it as it looks for a fund,” defended Diego Fernandez, investment director of A&G Banca Privada. in Madrid, according to Bloomberg.

In other European markets, the focus is on London, which lost 1.02% on the day of celebrations of the sixth anniversary of the Brexit referendum in 2016. After this event, the British FTSE index has already fallen by 8.7%, but now everything can change. that the London benchmark is doing better than some of its peers this year.

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Madrid loses 1.29%, Frankfurt 1.40%, Paris 1.29% and Amsterdam 1.25%. Milan fell 1.43%, while Portugal posted the most timid drop in the block (0.76%).

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Economy

Greenvolt capital increase: demand for Altri rights is 1.43 times higher than supply – Bolsa

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Greenvolt enters US market with acquisition of Oak Creek Energy Systems - Energy

Altri sold all Greenvolt capital increase subscription rights it had during the two days of the offer. The company decided not to follow the increase in energy capital, thereby reducing its positions, and sold its rights to shareholders. Demand exceeded supply by 1.43 times, according to data published in Securities Market Commission (CMVM).

“The public offer for the sale of 23,154,783 subscription rights to shares of Greenvolt – Energias Renováveis, SA, put forward by Altri and Caima and the acceptance period of which took place on June 21 and 22, was accepted in full by the respective recipients (Altri’s shareholders),” he stated. “Demand for the rights under this proposal exceeded the corresponding object by 1.43 times.”

Greenvolt’s capital increase takes place until July 4, at the same time as negotiations begin on subscription rights for new shares to be issued by the company led by Joao Manso Neto. Altri, the renewable energy company’s largest shareholder (with 19.08%), said outright that it would not accompany the operation, listing more than 23 million subscription rights for sale between Monday and Wednesday.

The paper company gave shareholders the opportunity to buy the rights at a price of 0.13 euros at a discount compared to the rights traded on the stock exchange. This Thursday the rights closed session in 0.1755 euros per piece. By closing the sale of all rights, Altri managed to gain about three million euros.

The capital increase to raise €100 million is for current Greenvolt shareholders at a price of €5.62 per share, but other investors will also be able to participate by purchasing subscription rights (if they buy the rights). A new share with an underwriting ratio of 0.14659, i.e. almost seven (6.822) shares currently owned, gives the right to purchase a new share at a price of 5.62 euros.

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(News updated at 17:40)

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