December 15, 2024
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6:03Now PlayingDonald Trump's transition team wants to dismantle a critical government safety reporting requirement Elon Musk hates, which could create terrifying consequences for those who purchase Teslas while massively benefitting Musk. John Iadarola and Brett Erlich break it down on The Damage Report. Leave a comment with your thoughts below!
Read more here:
ExclusiveTrump team wants to scrap carcrash reporting rule that Tesla opposes
"Dec 13 (Reuters) - The Trump transition team wants the incoming administration to drop a car-crash reporting requirement opposed by Elon Musk’s Tesla (TSLA.O), opens new tab , according to a document seen by Reuters, a move that could cripple the government’s ability to investigate and regulate the safety of vehicles with automated-driving systems.
Musk, the world's richest person, spent more than a quarter of a billion dollars helping Trump get elected president in November. Removing the crash-disclosure provision would particularly benefit Tesla, which has reported most of the crashes – more than 1,500 – to federal safety regulators under the program. Tesla has been targeted in National Highway Traffic Safety Administration (NHTSA) investigations, including three stemming from the data."
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