Tech
tech
Rani Molla

California judge rules that Tesla has to rename “Autopilot” because it’s misleading

The California Department of Motor Vehicles ruled Tuesday that Tesla violated state law by marketing its driver assistance features using “misleading” terms like “Autopilot” and “Full Self-Driving Capability.”

The DMV adopted an administrative law judge’s findings but softened some of the penalties: instead of suspending Tesla’s manufacturing license, the agency is giving the company 60 days to revise how it uses the term “Autopilot.” If it doesn’t, Tesla could be barred from selling cars in California, its largest US market, for 30 days.

Regulators said Tesla’s marketing suggested something much closer to autonomy — including claims that its system could “conduct short and long-distance trips with no action required by the person in the driver’s seat” — even though the features still require active driver supervision. “...vehicles equipped with those ADAS features could not at the time of those advertisements, and cannot now, operate as autonomous vehicles,” the agency wrote. After the DMV filed accusations against the company in November 2023, Tesla already discontinued use of the term “Full Self-Driving Capability,” replacing it with “Full Self-Driving (Supervised),” and now it must find something else to call “Autopilot.”

Tesla is currently testing its Austin Robotaxis, which use versions of its FSD software, without a safety monitor.

Regulators said Tesla’s marketing suggested something much closer to autonomy — including claims that its system could “conduct short and long-distance trips with no action required by the person in the driver’s seat” — even though the features still require active driver supervision. “...vehicles equipped with those ADAS features could not at the time of those advertisements, and cannot now, operate as autonomous vehicles,” the agency wrote. After the DMV filed accusations against the company in November 2023, Tesla already discontinued use of the term “Full Self-Driving Capability,” replacing it with “Full Self-Driving (Supervised),” and now it must find something else to call “Autopilot.”

Tesla is currently testing its Austin Robotaxis, which use versions of its FSD software, without a safety monitor.

More Tech

See all Tech
CHINA-US-DIPLOMACY

Anthropic really doesn’t want the US to help China with AI

Anthropic made its case for freezing China out of the AI race as much as possible in a new policy paper. The company warned that letting China catch up to US AI companies could risk AI-powered mass surveillance and huge risks to monitoring AI safety.

Jon Keegan5/15/26
Tesla Robotaxi

Tesla finally reported un-redacted information about its Robotaxi crashes

There have been a total of 17 crashes so far among its Texas Robotaxis. Read about them all here.

Rani Molla5/15/26
tech
Rani Molla

Alphabet sold $3.6 billion in Japanese yen bonds — a record for a foreign company — likely to help its AI capex binge

We now have the value for Alphabet’s Japanese yen bond raise — 576.5 billion yen, or $3.6 billion — and it’s a record for a foreign issuer in Japan. The deal was spread across seven tranches with maturities ranging from 3 to 40 years, allowing the company to lock in rates as low as 1.965%.

The latest deal comes on the heels of Alphabet’s massive US and European bond deals, where the company has tapped global markets for nearly $60 billion in fresh capital over the last few months. In a filing earlier this week, the search giant said it would use the proceeds for “general corporate purposes.” That likely means fueling its AI infrastructure build-out, which has pushed its projected 2026 capex bill to a staggering $190 billion.

tech
Rani Molla

Bloomberg: Relationship between OpenAI and Apple has deteriorated and legal action may be imminent

The two-year-old alliance between Apple and OpenAI has deteriorated, Bloomberg reports, with the AI giant now consulting legal counsel about issuing a potential breach of contract notice.

OpenAI executives allege that Apple failed to adequately integrate and promote ChatGPT on the iPhone, causing the AI firm to lose out on billions a year in subscriptions and hurt its brand, according to the report.

Meanwhile, Apple has expressed concerns over OpenAI’s privacy protection, and has been miffed that OpenAI has been working on its own hardware with former Apple design lead Jony Ive.

More recently, Apple, which has trailed its peers in developing AI, has decided to offer users their choice of AI models, rather than aligning exclusively with OpenAI’s.

Meanwhile, Apple has expressed concerns over OpenAI’s privacy protection, and has been miffed that OpenAI has been working on its own hardware with former Apple design lead Jony Ive.

More recently, Apple, which has trailed its peers in developing AI, has decided to offer users their choice of AI models, rather than aligning exclusively with OpenAI’s.

Latest Stories

Sherwood Media, LLC and Chartr Limited produce fresh and unique perspectives on topical financial news and are fully owned subsidiaries of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, Robinhood Money, LLC, Robinhood U.K. Ltd, Robinhood Derivatives, LLC, Robinhood Gold, LLC, Robinhood Asset Management, LLC, Robinhood Credit, Inc., Robinhood Ventures DE, LLC and, where applicable, its managed investment vehicles.