Tesla under pressure: NHTSA investigations and BYD as a new rival!

Tesla under pressure: NHTSA investigations and BYD as a new rival!

Austin, Texas, USA - Tesla is the focus of the current discussion about autonomous driving systems. The company, which has established itself as a pioneer in the area of ​​electric vehicles and autonomous technology, is increasingly faced with challenges. The Full Self-Driving (FSD) technology from Tesla is repeatedly created by the red pencil. An incident in Austin, Texas, recently made the round, in which a Tesla Model Y almost collided with a parked vehicle while it was a passenger. Fortunately, a security driver intervened before serious damage could occur. [Benzinga] (https://www.benzinga.com/markets/25/07/46268433/teslas-full-self-tech-uner- unders-fter-robotaxi-nearly-hits-pehicle-report reports Administration (NHTSA) now checked FSD technology for possible traffic violations.

The NHTSA has initiated investigations in the past few months due to several incidents with Tesla's autonomous systems. The tensions between Tesla CEO Elon Musk and the NHTSA also rise. In February 2023, Musk even released 30 employees of the authority who were responsible for the risk assessment. These developments highlight the uncertainties that prevail in the industry and how important it is to create trust in these technologies. With its autopilot, Tesla already offers many functions, from traffic adjustment to intelligent parking systems. But despite these impressive features, the NHTSA has introduced new regulations that require companies like Tesla to use more data.

The competition does not sleep

While Tesla is criticized, a serious competitor, the Chinese company BYD, could put the company under even further pressure. BYD has set itself the task of developing competitive electric vehicles with their own autonomous technologies. BYD, the most advanced technology, “God’s Eye”, plans to equip with three Lidar sensors, which could give them a competitive advantage in autonomous vehicle technology. Ecoticias emphasizes that BYD wants to design a stated system that should have more functions in more expensive models. In comparison, Tesla's base model, the Dipilot 100, is currently limited on autonomous journeys on motorways and can only be found with a camera and radar system.

In addition, it can be seen that the market for autonomous vehicles is in a change. The NHTSA plans to simplify the regulations for self -driving cars in order to promote innovations and to facilitate manufacturers without traditional control mechanisms. These regulatory changes could not only accelerate the development of new technologies, but also pave the way for new business models and partnerships. Investors are optimistic that this could promote the acceptance of autonomous vehicles among consumers and companies. IT-BoltWise mentions that the new regulations could potentially influence the share price of Tesla and Alphabet.

While Tesla is in the obligation to master the challenges of the industry, it remains to be seen whether the company can make the necessary adjustments and improvements in order to assert its management position in the field of autonomous vehicles. In the unique and rapidly developing world of electromobility and autonomous locomotion, the last word is certainly still unwritten.