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Safety fears over 54,000 Tesla self-driving cars

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Tesla will recall nearly 54,000 self-driving vehicles in the US, after finding that some of their cars were not coming to a complete stop at intersections

The “rolling stop” feature that was sent out to the testing owners on October 20, allows vehicles to go through intersections with all-way stop signs at up to 9km per hour.

US safety regulators say that Tesla will disable the feature with an over-the-internet software update.

Tesla has been testing the self-driving feature on public roads, but the carmaker and the regulator say the features do not make the cars autonomous.

Safety advocates are concerned that Telsa testing the vehicles in traffic with untrained drivers, as well as the potential risk of the Telsa software malfunctioning could expose other motorists and pedestrians to danger.

Last week, the company’s beta vehicles increased to nearly 60,000 in the US, from a few thousand at the end of September.

It comes just weeks after the company noted that it was not aware of any warranty claims, crashes, injuries or fatalities related to the recall.

But the National Highway Traffic Safety Administration said the recall covers models from 2016 and onwards.

The feature has also drawn controversy for violating several US state laws that require vehicles to come to a complete stop.

Also written by Savannah Pocock

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The mounting pressure on Government spends

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Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending

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Will Australia’s foreign investment rule create an economic boost?

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Australian Treasurer Dr. Jim Chalmers announced an overall of foreign investment rules ahead of the budget.

Australia is set to announce a significant decline in its projected gross debt, signalling a more optimistic outlook for the country’s fiscal health.

The Airport Economist, Professor Tim Harcourt at UTS joins to discuss.

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Research key to investment success

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What is the importance of research in the investing and super landscape in Australia?

Wyld Money dives into the world of financial freedom. Whether you’re a seasoned investor or just getting started, join us for actionable tips and tricks to unlock your earning potential, and retire on your own terms.

In this episode, Mark is joined by Peter Green, Director of Research at Lonsec Research. #wyld money

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