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NHTSA Opens Safety Audit Of Tesla’s Cybercab Robotaxi Hours After Austin Launch Event

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Tesla Cybercab Production Begins: Elon Musk Shares Major Robotaxi Milestone

AUSTIN, Texas — Federal safety regulators opened an audit of roughly 1,000 Tesla Cybercab vehicles just hours after the electric automaker launched paid robotaxi rides in the two-seat, driverless vehicle in downtown Austin, setting up a potential regulatory showdown over whether the car can legally operate without a steering wheel, pedals or mirrors.

The National Highway Traffic Safety Administration said it opened the audit to assess how Tesla determined the Cybercab complies with federal vehicle-safety regulations, which were written decades ago for human-driven vehicles and generally require manual controls such as steering wheels and pedals.

The audit came just hours after Tesla held a launch event in downtown Austin marking the Cybercab’s rollout, an event that drew a large crowd of fans and social media influencers as the golden, butterfly-door vehicle was formally added to Tesla’s existing robotaxi fleet, which has previously operated using modified versions of the company’s best-selling Model Y SUV. Tesla said Cybercab rides were open to the public and executives outlined pricing plans for the service during the event.

Unlike most other countries, where new vehicle models and technologies typically require regulatory clearance before launch, U.S. automakers are permitted to deploy new vehicles on public roads by self-certifying that they meet federal safety standards, without needing prior government approval. That regulatory structure has fueled speculation over how Tesla intends to justify the Cybercab’s compliance with rules that were not designed with driverless vehicles in mind.

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Michael Brooks, executive director of the Center for Auto Safety, a consumer advocacy group, expressed sharp skepticism that the Cybercab could be considered compliant with existing federal standards under any reasonable reading of the regulations.

“I don’t think there is a reasonable interpretation that can be made to suggest that the Cybercab can comply with the Federal Motor Vehicle Safety Standards,” Brooks said.

NHTSA has been working to update its vehicle-safety standards at an accelerated pace compared with its historical timeline, and is separately drafting new rules specifically intended to accommodate driverless vehicles. Even so, experts have said those regulatory changes are likely to take considerably longer to formally take effect than the timeline Tesla CEO Elon Musk has publicly promised for the Cybercab’s expansion.

Philip Koopman, a Carnegie Mellon University engineering professor and autonomous-vehicle safety expert, said Musk’s history suggests he is unlikely to wait for regulatory clarity before pushing forward with the Cybercab’s rollout.

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“Tesla historically has tested limits and pushed boundaries on regulations,” Koopman said. “I fully expect Tesla to test the limits.”

Koopman suggested Tesla could attempt to advance a “creative interpretation” of existing vehicle regulations, asserting that Cybercabs comply with federal standards while moving quickly to expand deployment before regulators are able to formally respond.

“That could take NHTSA or state regulators years to resolve,” Koopman said. “Meanwhile, Tesla could be operating on public roads.”

Tesla did not respond to a request for comment on the audit.

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Tesla began manufacturing the Cybercab in April, with Musk previously promising that production would grow “exponentially” later this year or in 2027. At the vehicle’s original 2024 unveiling, Musk said the company intended to eventually sell the Cybercab for less than $30,000. Since then, Tesla has already launched a more limited, paid robotaxi service in Texas and Florida using modified Model Y vehicles, which retain the manual controls required under current federal safety standards, along with human backup drivers present in some vehicles.

The reliability of Tesla’s underlying self-driving technology has also drawn scrutiny from independent experts. Tesla has said its Full Self-Driving software, a version of which powers the Cybercab, is up to 10 times safer than human drivers, and has noted that its existing Austin robotaxi service has operated without a fatal accident to date. However, interviews conducted by Reuters with multiple former Tesla employees who worked on training the company’s self-driving software found that the system continued to struggle with certain basic driving maneuvers even as the company moved toward wider commercial deployment.

Bryant Walker Smith, a University of South Carolina law professor who focuses on autonomous-driving regulation, offered a blunt assessment of Tesla’s readiness to deploy a vehicle without conventional manual controls.

“No public information about Tesla’s capabilities suggests that Tesla is anywhere close to being able to safely and reliably deploy an automated driving system over the wide range of conditions that would be required for a vehicle without conventional controls,” Smith said.

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For vehicles that do not comply with existing federal safety standards, NHTSA offers a formal exemption process that automakers can apply for, though that pathway caps annual deployment at 2,500 vehicles. Tesla engineering chief Lars Moravy said earlier this year on X that the Cybercab would not be subject to that cap, though he did not offer further detail explaining how the company intended to avoid it. NHTSA has previously said Tesla had not applied for the standard exemption process, fueling speculation that the company has instead opted to self-certify the Cybercab’s compliance independently, an approach Koopman had separately suggested Tesla might pursue.

Recent precedent for that kind of self-certification approach has not been favorable. Amazon’s autonomous vehicle subsidiary Zoox, which has been rolling out its own unconventional vehicle featuring two bench seats facing each other and no manual driving controls, previously attempted to self-certify its own vehicle’s compliance with federal standards. NHTSA subsequently launched an investigation into that certification, which ultimately concluded with Zoox withdrawing its compliance claim altogether. Roughly a year later, Zoox received a formal federal exemption allowing limited commercial deployment, which took effect in July.

Three former senior NHTSA officials told Reuters ahead of Thursday’s Cybercab launch event that any dispute between the agency and Tesla over the company’s self-certification approach could ultimately end up being resolved in court.

“It does happen from time to time and NHTSA, importantly, has not always won these cases,” one of the former officials said.

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The Cybercab represents a central pillar of Musk’s broader strategy of positioning Tesla’s future value around self-driving software and robotics rather than traditional vehicle sales alone, a bet that has helped push the company’s stock market valuation to approximately $1.4 trillion, a figure that now exceeds the combined valuation of several of the world’s top traditional automakers. With NHTSA’s audit now underway just as the Cybercab begins carrying paying passengers in Austin, the coming weeks are likely to offer an early indication of how aggressively federal regulators intend to scrutinize Tesla’s rollout of a vehicle that departs so significantly from the conventional, human-operated design standards that have long governed vehicles permitted on U.S. public roads.

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Fuel tanker explosion after traffic accident kills 10 in Western Iran, state media says

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Federal appeals court upholds ban on Trump’s bid to use citizenship data for voter checks

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Why I Would Invest In QVOL Instead Of JEPQ (NASDAQ:QVOL)

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Why I Would Invest In QVOL Instead Of JEPQ (NASDAQ:QVOL)

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Rida Morwa is a former investment and commercial Banker, with over 35 years of experience. He has been advising individual and institutional clients on high-yield investment strategies since 1991. Rida Morwa leads the Investing Group High Dividend Opportunities where he teams up with some of Seeking Alpha’s top income investing analysts. The service focuses on sustainable income through a variety of high yield investments with a targeted safe +9% yield. Features include: model portfolio with buy/sell alerts, preferred and baby bond portfolios for more conservative investors, vibrant and active chat with access to the service’s leaders, dividend and portfolio trackers, and regular market updates. The service philosophy focuses on community, education, and the belief that nobody should invest alone. Learn More.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of QVOL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Beyond Saving, Philip Mause, and Hidden Opportunities, all are supporting contributors for High Dividend Opportunities. Any recommendation posted in this article is not indefinite. We closely monitor all of our positions. We issue Buy and Sell alerts on our recommendations, which are exclusive to our members.

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Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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The Most Divided Fed In A Decade Is About To Vote (NYSEARCA:SPY)

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The Most Divided Fed In A Decade Is About To Vote (NYSEARCA:SPY)

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I was a business intelligence (BI) analyst and used build tools that help people make better decisions. After that I ran an e-commerce dropshipping business that fortunately worked out very well for me. That experience gave me my first real opportunity to build meaningful savings and begin thinking seriously about long-term investing and financial independence.After stepping away from the business, I spent time traveling and later took a career break to manage a family property following my grandfather’s passing. When COVID slowed everything down, I finally had the time and the capital to study investing in depth.I became especially interested in portfolio management, retirement planning, long-term compounding and high-yield dividend investing. I am here to share my personal investing experiences, research and opinions but not to pretend I have every answer. My writing will reflect how I actually invest, including what I like. If you find it helpful then you’re welcome to follow along.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of SPY, QQQ, MSFT, META, AMZN, AAPL, NVDA, AMD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Note: I do not hold any short positions on Treasuries or equities at the time of writing. My long-term portfolio remains long, mostly AI related equities, but I am hedging my portfolio via Options and Futures Options based on the macro risks I discussed in this article.

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Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Wells Fargo: Stick To High-Yield Preferred Shares During Interest Rate Volatility

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Wells Fargo: Stick To High-Yield Preferred Shares During Interest Rate Volatility

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The Investment Doctor is a financial writer, highlighting European small-caps with a 5-7 year investment horizon. He strongly believes a portfolio should consist of a mixture of dividend and growth stocks.
He is the leader of the investment group European Small Cap Ideas which offers exclusive access to actionable research on appealing Europe-focused investment opportunities not found elsewhere. The a focus is on high-quality ideas in the small-cap space, with emphasis on capital gains and dividend income for continuous cash flow. Features include: two model portfolios – the European Small Cap Ideas portfolio and the European REIT Portfolio, weekly updates, educational content to learn more about the European investing opportunities, and an active chat room to discuss the latest developments of the portfolio holdings. Learn more.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of WFC.PR.L either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Retired FBI Agent Theorizes Nancy Guthrie May Have Suffered Fatal Heart Attack After Abduction

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Savannah Guthrie & Nancy Guthrie

TUCSON, Ariz. — A retired FBI agent has put forward a new theory about the disappearance of Nancy Guthrie, suggesting the 84-year-old mother of “Today” show co-host Savannah Guthrie may have suffered a fatal heart attack shortly after being abducted from her Arizona home more than seven months ago.

Frank Storey, a retired FBI agent, discussed the case during an appearance on retired FBI agent Jennifer Coffindaffer’s “True Crime With Jen Coffindaffer” podcast on Sept. 2. Storey theorized that the abduction may have initially begun as a kidnapping for ransom that later went wrong, with Nancy Guthrie potentially suffering a fatal heart attack a day or two after being taken from her home.

Nancy Guthrie disappeared from her home in the Catalina Foothills area of Tucson in the early hours of Feb. 1, 2026. She was last seen at her home the evening before, after being dropped off by family members. Seven months later, authorities have not publicly named a suspect and have not determined what ultimately happened to her.

Despite the lack of confirmed answers, Storey expressed confidence that the case would eventually be resolved.

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“I think it will be at some point. Somewhere along the line, somebody always talks,” Storey said.

Storey suggested that if more than one person was involved in Nancy Guthrie’s disappearance, it remains possible that one of those individuals could eventually be arrested for an unrelated serious crime and choose to cooperate with investigators in order to reduce their own legal exposure in that separate matter.

“That may occur; it may not. But it’s possible,” Storey added, while stressing that his comments reflected only his personal theory rather than any official finding in the case.

Storey’s comments come amid separate claims from a friend of Nancy Guthrie’s that the investigation has effectively gone cold, a characterization that has not been confirmed by investigators and stands in direct contrast to public statements from law enforcement overseeing the case.

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Investigators have previously released doorbell camera footage appearing to show an armed, masked individual tampering with a camera at Nancy Guthrie’s front door around the time of her disappearance. Pima County Sheriff Chris Nanos said in July that investigators had not yet established whether that individual acted alone or with assistance from others.

A communication released by the Pima County Sheriff’s Department on July 31 also indicated that Nancy Guthrie had died shortly after being taken from her home. That message, sent days after her initial disappearance, was released publicly alongside an earlier ransom demand as part of an effort by investigators to generate additional leads and tips from the public. Authorities have not formally confirmed the claim that Nancy Guthrie is deceased.

Investigators have continued examining physical evidence recovered from Nancy Guthrie’s home in the months since her disappearance. According to Sheriff Nanos, testing on a hair sample recovered from the scene has been completed without producing a viable lead toward identifying a suspect. Separately, a mixed DNA sample containing genetic material from as many as four different individuals remains under active examination by multiple forensic laboratories, including the FBI’s laboratory in Quantico, Virginia.

Authorities have not publicly confirmed whether they believe Nancy Guthrie is alive or deceased as the investigation continues. Sheriff Nanos has repeatedly pushed back against suggestions that the case has gone cold or that investigators have stopped actively pursuing leads.

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“This case is not cold,” Nanos has said in addressing public concerns about the pace of the investigation.

The disappearance of Nancy Guthrie has drawn sustained national attention given her connection to her daughter, one of the most recognizable figures in American television news. Despite that heightened public interest, the Pima County Sheriff’s Department has continued to withhold detailed regular updates on the investigation’s progress, a practice officials have defended as consistent with standard law enforcement procedure in an active, ongoing case involving potential criminal activity.

Storey’s theory adds to a range of speculative explanations that have circulated publicly in the months since Nancy Guthrie’s disappearance, none of which have been confirmed by investigators. Retired law enforcement officials and commentators covering the case have offered varying perspectives on what may have happened, though the Pima County Sheriff’s Department has continued to emphasize that its investigation remains active and that specific details are being withheld deliberately as part of the ongoing inquiry.

Investigators have previously said DNA and video analysis efforts remain ongoing with support from laboratories across the country, and have continued to encourage members of the public with any credible information related to the case to come forward. Authorities have established tip lines through both the Pima County Sheriff’s Department and the FBI to help facilitate the submission of any new information that could assist the investigation.

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As the case approaches its eighth month without a named suspect or confirmed resolution, theories like the one offered by Storey continue to circulate publicly even as investigators maintain that the underlying facts of what happened to Nancy Guthrie remain unconfirmed. Sheriff Nanos has indicated that the department will continue withholding a formal press conference on the case until investigators have a significant development to share publicly, leaving both Nancy Guthrie’s family and the broader public that has followed the case to await further updates as the investigation continues.

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Japanese stocks face continued risk aversion despite record profits, Nomura says

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Cathay Pacific Marks 80 Years Since First Flight, From Converted Cargo Plane To Global Airline

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Cathay Pacific warned of a tough road ahead after reporting a record loss for 2020

HONG KONG — Cathay Pacific is celebrating 80 years since its founding, tracing a journey that began with a single converted cargo aircraft in the aftermath of World War II and has since grown into one of Asia’s most recognized commercial airlines, serving more than 100 destinations worldwide.

The airline’s origins date to 1946, when former Air Force pilots Roy Farrell and Sydney de Kantzow set out to establish a cargo route flying goods from Australia to Shanghai. Cathay Pacific Airways was officially registered in Hong Kong for HK$2 on Sept. 23, 1946, and the company operated its first flight just one day later, on Sept. 24, from Sydney to Hong Kong. The airline’s entire fleet at the time consisted of a single aircraft, a converted Douglas DC-3 affectionately nicknamed “Betsy.”

Cathay Pacific Group CEO Ronald Lam reflected on the airline’s founding mission and its enduring relevance eight decades later.

“Since our earliest days, Cathay Pacific has helped open new horizons for people, businesses and communities,” Lam said. “That purpose has defined our first 80 years, and it continues to guide us today.”

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The airline’s expansion accelerated through the following decades. In the 1960s, Cathay Pacific’s Convair 880 jetliners extended the airline’s network across Asia to destinations including Seoul and Kota Kinabalu, as jet-powered aircraft made air travel faster and more accessible than the propeller-driven planes that preceded them. On Oct. 19, 1964, the airline welcomed its millionth passenger aboard a flight between Singapore and Bangkok.

A significant turning point came in 1979 with the arrival of Cathay Pacific’s first Boeing 747, which extended the airline’s reach well beyond the Asia-Pacific region and laid the groundwork for a truly global route network. The following year, the airline launched its first service to London, marking its formal entry into long-haul intercontinental travel.

Throughout the 1980s, Cathay Pacific’s Boeing 747 aircraft, painted in the airline’s now-iconic green-and-white striped livery often referred to as the “lettuce leaf sandwich” design, became a familiar sight over Kowloon as they approached Hong Kong’s former Kai Tak Airport, serving as an enduring symbol of the city’s connection to the broader world. That decade also brought the expansion of passenger services to mainland China, beginning with Shanghai in 1980. In 1983, Cathay Pacific became the first airline in Asia to offer first class, business class and economy class cabins aboard the same aircraft, establishing a new industry benchmark for passenger service tiers. Three years later, coinciding with the airline’s 40th anniversary, Cathay Pacific became the first company to list on Hong Kong’s newly unified stock exchange.

The airline also built a reputation for pioneering in-flight passenger technology during this period. In 1991, Cathay Pacific became the first airline to introduce live radio broadcasts on board, delivering music and news content directly to passengers during flights. Seatback entertainment systems followed shortly after, arriving first in first class in 1992 before expanding across all cabin classes by 1996.

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One of the airline’s most significant operational transitions came in 1998, when Hong Kong’s aviation infrastructure shifted from the historic but constrained Kai Tak Airport to the newly built Hong Kong International Airport at Chek Lap Kok. On July 5, 1998, Cathay Pacific flight CX251 to London Heathrow became the final flight to depart Kai Tak. The following morning, flight CX889, dubbed “Polar One,” landed at the newly opened Hong Kong International Airport, having completed the first non-stop passenger service between New York and Hong Kong, and at the time, the longest non-stop commercial flight route in operation anywhere in the world. That same year, Cathay Pacific took delivery of its first Boeing 777-300, an aircraft that would go on to form the backbone of its long-haul fleet for years to come.

The airline’s fleet modernization has continued into more recent years, with the arrival of the Airbus A350 in 2016 ushering in a new era of fuel efficiency and passenger comfort. More recently, Cathay Pacific has introduced updated cabin products across selected Boeing 777-300ER aircraft, refreshing its business, premium economy and economy class designs as part of its continued evolution of the passenger experience.

Cargo operations have also played a central role in Cathay Pacific’s growth. The airline’s first dedicated freighter aircraft began operations in 1976, with cargo becoming an increasingly important pillar of the business through the 2000s. The HK$5.9 billion Cathay Cargo Terminal entered full operation in 2013, establishing itself as one of the world’s largest and most technologically advanced air cargo facilities and cementing Hong Kong’s position as a leading international air freight hub. Today, Cathay Cargo transports approximately 1.7 million tonnes of cargo annually.

The airline has continued expanding its global route network in recent years, setting a record for its longest-ever route with the launch of service to Dallas-Fort Worth in April 2025. Cathay Pacific’s network now spans more than 100 destinations worldwide, recently strengthened by new routes to Urumqi, Munich and Seattle, with service to Almaty set to join the network in 2027.

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Beyond its route expansion, Cathay Pacific has continued investing in its onboard passenger experience, introducing new Airbus A321neo aircraft featuring enhanced comfort and entertainment options, alongside its acclaimed Aria Suite business class product and refreshed premium economy and economy cabins across selected Boeing 777-300ER aircraft. The airline has said its refreshed economy cabins and a new Aria Studio business class product will soon debut aboard its Airbus A330-300 fleet, marking the next phase of its regional cabin upgrades.

As Cathay Pacific has evolved into what the company describes as a broader travel lifestyle brand, it has expanded beyond air travel into a range of additional consumer offerings, including dining, shopping and wellness experiences, alongside deeper integration with transportation links across China’s Greater Bay Area region. The airline has also emphasized its ongoing commitment to sustainability, citing continued investment in newer, more fuel-efficient aircraft, emissions-reduction measures across its operations, and an accelerated adoption of sustainable aviation fuel as part of its broader environmental strategy.

Reflecting on the airline’s 80-year milestone, Lam emphasized Cathay Pacific’s deep ties to its home city and the broader region it has served since its founding.

“As we celebrate 80 Years Together, we do so with gratitude for everyone who’s been part of our journey,” Lam said. “Cathay Pacific’s story is inseparable from Hong Kong, from our deep connections to the Chinese Mainland and from our place in the wider world. Our responsibility now is to honour that legacy by building on it, so future generations can continue to discover the joy of travel.”

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OpenAI acknowledges ’wiki incident’ and need for more transparency around unintended AI behavior

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Oracle, Adobe Results In Focus As Earnings Season Winds Down

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Get ahead of the market by subscribing to Seeking Alpha’s Wall Street Week Ahead, a preview of key events scheduled for the coming week. The newsletter keeps you informed of the biggest stories set to make headlines, including upcoming IPOs, investor days, earnings reports, and conference presentations.

The stock market fell on Friday as nonfarm payrolls surpassed expectations in August. U.S. nonfarm payrolls increased by 162K vs. +55K consensus and +21K in the prior month (revised from -23K), according to data released by the U.S. Bureau of Labor Statistics on Friday.

The economic calendar is relatively lighter for the upcoming holiday-shortened week, with markets closed on September 7 in observance of Labor Day. There are no major data scheduled for Tuesday and Wednesday. On Thursday, PPI data for August and initial jobless claims numbers will be released, with CPI data for the month scheduled for Friday.

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Earnings spotlight: Thursday: Oracle (ORCL), Adobe (ADBE). See the full earnings calendar.

Earnings spotlight: Friday: Kroger (KR). See the full earnings calendar.

Volatility watch: Carvana (CVNA) and GameStop (GME) have seen options volatility increase over the last week. The most overbought stocks per their 14-day Relative Strength Index include Crinetics Pharma (CRNX) and Varex Imaging (VREX). The most oversold stocks per their 14-day Relative Strength Index include TJX (TJX) and DICK’S Sporting (DKS). Short interest is elevated on Xponential Fitness (XPOF) and Recursion Pharmaceuticals (RXRX).

Dividend watch: Companies that have an ex-dividend date coming next week include Cigna (CI), HP Inc. (HPQ), Nvidia (NVDA), and Chubb (CB).

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Oracle Earnings Preview: Oracle is scheduled to announce first-quarter results next week with consensus pointing towards earnings of $1.74 per share on revenue of $19.13B. Analysts are expecting another double-beat from Oracle and likely stronger-than-anticipated guidance projections, with an overall positive tone from the management team. They will keenly watch for

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