<p>There is going to be some kind of reckoning around claims about ’self-driving‘ and robotaxis. Elon is currently in a lawsuit that’s in court right now about his ‚funding secured‘ tweets and he’s a guy who has pushed the limits of truth.</p><p>Consumer Reports this week ranked Tesla’s driver assistance features as 7th among car makers and his competitors certainly aren’t calling theirs ’self-driving‘. There’s a matter of truth in advertising here and I don’t think adding ‚beta‘ to the end of it changes that. But if I were Tesla, I’d make the claim that it was ignored by regulators for so long as it’s tantamount to endorsement that the strategy was legal.</p><p>In any case, this market no longer cares about reality or fundamentals, it’s all momentum and <a target=“_blank“ href=“https://www.forexlive.com/terms/o/options/“ class=“terms__main-term“ id=“d0430eb9-1764-409c-ab53-4952eb20940d“ target=“_blank“>options</a> activity. Shares of Tesla are up 11% in back-to-back days.</p><p><a target=“_blank“ href=“https://www.bloomberg.com/news/articles/2023-01-27/elon-musk-faces-sec-probe-for-role-in-tesla-self-driving-claims?srnd=premium&sref=h2AwP2mF“ target=“_blank“ rel=“nofollow“>Here’s the Bloomberg report</a>.</p>

This article was written by Adam Button at www.forexlive.com.