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A multi-year investigation into the safety of Tesla’s driver assistance systems by the National Highway Traffic Safety Administration, or NHTSA, is drawing near a close.

Reuters’ David Shepardson first reported on the latest developments Thursday, citing NHTSA acting administrator Ann Carlson. CNBC confirmed the report with the federal vehicle safety regulators.

A spokesperson for NHTSA declined to disclose further details, but told CNBC in an e-mail, “We confirm the comments to Reuters,” and “NHTSA’s Tesla investigations remain open, and the agency generally does not comment on open investigations.”

The agency initiated a safety probe of Tesla’s driver assistance systems — now marketed in the U.S. as Autopilot, Full Self-Driving and FSD Beta options — in 2021 after it identified a string of crashes in which Tesla drivers, thought to be using the company’s driver assistance systems, crashed into first responders’ stationary vehicles.

Despite their names, none of Tesla’s driver assistance features make their cars autonomous. Tesla cars cannot function as robotaxis like those operated by GM-owned Cruise or Alphabet‘s Waymo. Instead, Tesla vehicles require a human driver at the wheel, ready to steer or brake at any time. Tesla’s standard Autopilot and premium Full Self-Driving systems only control braking, steering and acceleration in limited circumstances.

Tesla CEO Elon Musk — who also owns and runs the social network X (formerly Twitter) — often implies Tesla cars are autonomous. For example, on July 23, an ex-Tesla employee who led the company’s AI software engineering posted on the social network about ChatGPT, and how much that generative AI tool impressed his parents when he showed it to them for the first time. Musk responded: “Same happens with Tesla FSD. I forget that most people on Earth have no idea cars can drive themselves.”

In its owners’ manuals, Tesla tells drivers who use Autopilot or FSD: “Keep your hands on the steering wheel at all times and be mindful of road conditions, surrounding traffic, and other road users (such as pedestrians and cyclists). Always be prepared to take immediate action. Failure to follow these instructions could cause damage, serious injury or death.”

The company’s cars feature a driver monitoring system which employs in-cabin cameras and sensors in the steering wheel to detect whether a driver is paying adequate attention to the road and driving task. The system will “nag” drivers with a chime and message on the car’s touchscreen to pay attention and put their hands on the wheel. But it’s not clear that this is a strong enough system to ensure safe use of Tesla’s driver assistance features.

Tesla has previously conducted voluntary recalls of its cars due to other problems with Autopilot and FSD Beta and promised to deliver over-the-air software updates that would remedy the issues. But in July, the agency required Elon Musk’s automaker to send more extensive data on the performance of their driver assistance systems to evaluate as part of its Autopilot safety investigations.

NHTSA publishes data regularly on car crashes in the U.S. that involved advanced driver assistance systems like Tesla Autopilot, Full Self Driving or FSD Beta, dubbed “level 2” under industry standards from SAE International.

The latest data from that Standing General Order crash report says there have been at least 26 incidents involving Tesla cars equipped with level 2 systems resulting in fatalities from August 1, 2019 through mid-July this year. In 23 of these incidents, the agency report says, Tesla’s driver assistance features were in use within 30 seconds of the collision. In three incidents, it’s not known whether these features were used.

Ford is the only other automaker reporting a fatal collision that involved one of its vehicles equipped with level 2 driver assistance. It was not known if the system was engaged preceding that crash, according to the NHTSA SGO report.

Tesla did not respond to a request for comment.

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Chinese tech giant Tencent posts 13% revenue jump as growth at key gaming unit surges

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Chinese tech giant Tencent posts 13% revenue jump as growth at key gaming unit surges

Chinese tech company Tencent is a gaming giant and the parent company of WeChat, the ubiquitous social messaging app in China.

Cheng Xin | Getty Images News | Getty Images

Tencent on Wednesday reported an annual rise in its top and bottom line in the first quarter fuelled by accelerated growth in its key gaming business.

While revenue beat expectations, its net profit fell short.

Here’s how Tencent did in the first quarter of 2025 versus LSEG estimates:

  • Revenue: 180.02 billion Chinese yuan ($25 billion), versus 174.63 billion yuan expected
  • Net profit: 47.8 billion yuan, versus 52.2 billion yuan expected

Revenue rose 13% year-on-year, while net profit was up 14%.

This breaking news story is being updated.

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Sony shares rise about 2% in volatile trading following share buyback announcement

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Sony shares rise about 2% in volatile trading following share buyback announcement

A file photo of Hiroki Totoki, Sony Group Corporation executive, delivering a keynote address at CES 2025 in Las Vegas, on January 6, 2025. 

Artur Widak | Nurphoto | Getty Images

Sony Group shares rose about 2% Wednesday in volatile trading after the Japanese conglomerate announced a 250 billion yen ($1.7 billion) share buyback and operating income beat estimates.   

Operating income for the last three months of the financial year came in at 203.6 billion yen, beating mean analyst estimates of 192.2 billion yen, though it was down 11% from the same period last year. 

In the earnings report, the Japanese-based electronics, entertainment and finance company announced a stock buyback of shares worth 250 billion yen. 

Sony also provided details on a partial spinoff of its financial unit. The company plans to distribute slightly more than 80% of the shares of common stock of the spinoff to shareholders of Sony Group through dividends. 

The financial unit will list its financial operation this year and will be classified as a discontinued operation in Sony’s accounting from the current quarter, the company added. 

However, Sony’s outlook for the current financial year ending in March was lackluster.

The company forecasted its operating profit to rise a slight 0.3% to 1.28 trillion yen, after flagging a 100 billion yen hit from U.S. President Donald Trump’s trade war.

Yet, Sony clarified that the estimated tariff impact did not reflect the trade deal made between the U.S. and China on May 12 and that the actual impact could vary significantly. 

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Samsung Electronics to acquire heating and cooling solutions provider FläktGroup for 1.5 billion euros

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Samsung Electronics to acquire heating and cooling solutions provider FläktGroup for 1.5 billion euros

A Samsung Group flag flutters in front of the company’s Seocho building in Seoul. 

Sopa Images | Lightrocket | Getty Images

Samsung Electronics on Wednesday announced that it would acquire all shares of German-based FläktGroup, a leading heating and cooling solutions provider, for 1.5 billion euros ($1.68 billion) from European investment firm Triton. 

Samsung said the acquisition would help it expand in the heating, ventilation and air conditioning business as the market experiences rapid growth. 

“Our commitment is to continue investing in and developing the high-growth HVAC business as a key future growth engine,” said TM Roh, Acting Head of the Device eXperience (DX) Division at Samsung Electronics.  

The acquisition of FläktGroup stands to bolster Samsung’s position in the HVAC market against rivals such as LG Electronics. 

FläktGroup supplies heating, HVAC solutions to a wide range of buildings and facilities, notably data centers which require a high degree of stable cooling. Samsung said it anticipates sustained growth in data center demand due to the proliferation of generative AI, robotics, autonomous driving and other technologies.

FläktGroup has more 60 major customers, including leading pharmaceutical companies, biotech and food and beverage firms, and gigafactories, according to Samsung’s statement.

Samsung said in March that its HVAC solutions had achieved double-digit annual revenue growth over the past five years, and that the company aimed to boost revenue by more than 30% in 2025.

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