Even in this age of truthiness, words matter — at least in the state of California. A judge there just ruled that Tesla violated state law by marketing its driver assistance features using “misleading” terms like “Autopilot” and “Full Self-Driving Capability.” The EV maker has 60 days to revise how it uses the term “Autopilot” or it could be barred from selling its cars in the state.
Stocks fell on Wednesday, driven by concerns around AI credit risk, which seemed to swell following a report that Blue Owl Capital won’t fund Oracle’s $10 billion Michigan facility. In response, Oracle told Bloomberg that negotiations for that data center project are “on schedule,” but that did little to quell investor fears.
