Tesla (NasdaqGS:TSLA) avoided a threatened 30 day suspension of its California dealer license by agreeing to stop marketing its driver assistance features as “Autopilot”. The decision resolves a multi year dispute with the California DMV over allegations of deceptive advertising related to driver assistance capabilities. At the same time, Tesla is discontinuing Model S and Model X production as it shifts resources toward artificial intelligence, robotics, and purpose built autonomous…
