Tesla

The updated version of the feature “nags” drivers to place their hands on the steering wheel more frequently than it did in the old version.

The electric automaker is looking to cut costs and boosts profits through a structural reorganization.

The automaker’s stock got a boost on Tuesday after one Wall Street firm raised its Model 3 production expectations for the quarter by 50%.

Officials said the Tesla vehicle’s driver, a 38-year-old man, did not have his hands on the steering wheel in the six seconds before the car slammed into a safety barrier.

The decision represented a major show of confidence in Musk, who has drawn criticism in recent months.

The $200,000 Roadster is scheduled to begin production in 2020.

The electric automaker maintains that demand for its Model 3 vehicle remains steady.

Tesla shares have fallen about 7% so far this year.

Tesla drivers who engage the Autopilot feature should recognize that it requires the assistance of the driver, a cybersecurity expert told FOX Business.

Shares of the car maker rallied after testing organization reversed its decision.

Amsterdam-based RemetzCar plans to build only 20.

The police vehicle was not occupied at the time of the crash.