Last year, a judge for California's Office of Administrative Hearings ruled that the company had engaged in deceptive marketing by describing its fleet's driver assistance systems as "Autopilot" modes. The court argued that Tesla's Autopilot and “Full Self-Driving Capability” (FSD) did not meet the necessary autonomous driving criteria under NHTSA’s Levels of Automation system — the features are rated by the NHTSA as Level 2 automation, where Level 5 is a fully autonomous vehicle. The decision claims features need to be at least Level 3 to be described as "self-driving."
Economics professor Constantin Burgi of University College, Dublin, said a decoupling of job gains and wider growth - like the one the US is seeing today - often occurs when an economy goes through a structural shift, like the advent of AI.
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The downsizing follows a week of business updates for eBay. On the same day it shared its latest financial results, the company announced that it would acquire Depop, a consumer-to-consumer secondhand fashion retailer, from Etsy. The Depop purchase carried a $1.2 billion price tag, which could put at least a small dent in the $11.1 billion it reported in 2025 full-year revenue.