business

8/21/25

US government investigating Tesla over delays in reporting self-driving accident data

In early August, a federal jury found Tesla partly responsible for a 2019 autopilot crash that killed a pedestrian. During the trial, lawyers for the plaintiffs showed that Tesla had withheld and denied having important crash data.

Now, the National Highway Traffic Safety Administration is looking into the cause and scope of such delays in submitting crash reports for accidents involving Tesla’s self-driving technology.

CEO Elon Musk has repeatedly said that autonomous driving is central to the company’s value proposition going forward. A government finding that undermines the viability of that technology could potentially alter investors’ view of the automaker.

US probes delays in Tesla crash reports involving driver-assistance systems

US probes delays in Tesla crash reports involving driver-assistance systems

CEO Elon Musk has repeatedly said that autonomous driving is central to the company’s value proposition going forward. A government finding that undermines the viability of that technology could potentially alter investors’ view of the automaker.

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Volkswagen is reportedly closing in on its own, separate tariff deal with the US

In a bid to get its own tariff rate below the 15% applied to most EU exports, Volkswagen is dangling big US investments.

Speaking at a trade show Monday, VW CEO Oliver Blume said the automaker is in advanced talks on a deal to limit its own tariff burden. Volkswagen reported a tariff cost of $1.5 billion in the first half of the year.

Speaking to Bloomberg TV, Blume said the company is in close contact with the Trump administration and has had “good talks” about its separate deal. The current 15% tariff rate on EU vehicles would still “be a burden for Volkswagen,” Blume said.

A company reaching a tariff deal separate from its home country isn’t typical, though there’s already precedent this year, with Apple’s $100 billion US investment deal amid chip tariffs and President Trump’s threats to add a levy to smartphones. Nvidia and AMD similarly struck a deal to receive the ability to sell chips in China and in exchange agreed to give the US 15% of the revenue from those sales.

15% Tariff Would Be ‘A Burden’ on Volkswagen, CEO Says

15% Tariff Would Be ‘A Burden’ on Volkswagen, CEO Says

Speaking to Bloomberg TV, Blume said the company is in close contact with the Trump administration and has had “good talks” about its separate deal. The current 15% tariff rate on EU vehicles would still “be a burden for Volkswagen,” Blume said.

A company reaching a tariff deal separate from its home country isn’t typical, though there’s already precedent this year, with Apple’s $100 billion US investment deal amid chip tariffs and President Trump’s threats to add a levy to smartphones. Nvidia and AMD similarly struck a deal to receive the ability to sell chips in China and in exchange agreed to give the US 15% of the revenue from those sales.

Lululemon sales are being squeezed — but it’s hoping sports sponsorships will save its skin

The athleisure brand is now looking to real-life athletes to rescue its flagging US sales from the end of de minimis.

2025 US Open - Day 6

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