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Tesla Faces Regulatory Tension Over Self-Driving Builds. Market Doesn’t Care.

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U.S. automotive-safety regulators want some answers from Tesla over its software and recall practices.


Odd Andersen/AFP via Getty Images

U.S. automotive-safety regulators want some answers from




Tesla

over its recall practices. It’s another example of the tension building between Tesla and the traditional auto industry as cars become smarter and start to drive themselves. It feels like a big issue, but for now, the stock market just doesn’t care.

The National Highway Traffic Safety Administration, or NHTSA, has reminded Tesla (ticker: TSLA) that even software updates that correct a defect must result in recall paperwork, even if cars don’t have to come into a shop for physical repair. The administration also wants Tesla to disclose performance regarding new versions of its autonomous-driving software, even if it has non-disclosure agreements with drivers using the software.

“Through these actions, NHTSA continues to demonstrate its commitment to safety and its

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Classic Car Collecting Doesn’t Deserve The Pricey Stigma

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But how does it stack up against other hobbies?

My best friend’s dad is someone everyone knows as the ‘collector guy’. He collects cars, coins, knives, cards, whiskey, you name it. On top of his collections, he’s also an avid boater and golfer. During dinner last week, while he was discussing several of these things and then talked about selling one of his Cadillacs to make room for another classic car, his wife joked that collecting cars was the cheapest hobby he has. This comment definitely got a sideways look from my side of the table, but when I started thinking about it, I decided it was a subject that warranted some digging.

Before going down this rabbit hole, I wanted to lay down some criteria to find out how cheap or expensive collecting a car is, in comparative to other hobbies.

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