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Barchart
Barchart
Yiannis Zourmpanos

Tesla Faces a New NHTSA Probe. Wall Street Might Be Missing the Bigger Story.

NHTSA Tesla Inc. Texas

It appears that Tesla (TSLA) is back in news as yet another government investigation is opened against the company due to a fatal accident involving a Tesla Model 3 in Texas. The accident happened following the collision of the car with the building in Katy, Texas. This resulted in the death of a 76-year-old homeowner.

While such news might cause some volatility in Tesla's stock price in the short term, what looks more important nowadays is whether the company will truly be able to commercialize the driverless technology.

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