U.S. auto safety regulators said on Tuesday they have opened an investigation into the performance of Alphabet's Waymo self-driving vehicles after reports of its robotaxis exhibiting driving behavior that potentially violated traffic safety laws. The National Highway Traffic Safety Administration said its preliminary evaluation into an estimated 444 Waymo vehicles follows 22 reports of 22 incidents including 17 collisions. The agency said in some of those cases the automated driving systems "appeared to disobey traffic safety control devices" and some crashes occurred shortly after the automated driving systems "exhibited unexpected behavior near traffic safety control devices."
(Bloomberg) -- The top US auto-safety regulator opened an investigation into Waymo, the autonomous-vehicle subsidiary of subsidiary of Alphabet Inc., after 22 incidents in which the company’s cars were involved in collisions or may have violated traffic laws.Most Read from BloombergTrump Vows ‘Day One’ Executive Order Targeting Offshore WindMacron Puts French Banks in Play With Plan to Transform EuropeTesla Rehires Some Supercharger Workers Weeks After Musk’s CutsChina to Start $138 Billion Bond
These stocks happen to be pretty cheap right now.