Re:George Hotz cancels his Tesla Autopilot-like ‘comma one’
by smallnamespace on Friday October 28, 2016 @03:51PM
(#12820006)
The $21k is standard regulatory boilerplate and simply notes the maximum statutory rate.[1] If the NHTSA really wanted his company dead, they'd have already gone to a judge to get an injunction to shut him down.
Yes, regulatory capture exists, and incumbents often benefit from it. But I'm having trouble seeing how this particular case is a 'shake down' -- the NHTSA is simply asking him to follow the law, which he should be doing anyway.
Yes, regulatory capture exists, and incumbents often benefit from it. But I'm having trouble seeing how this particular case is a 'shake down' -- the NHTSA is simply asking him to follow the law, which he should be doing anyway.
[1] https://www.federalregister.gov/documents/2016/03/01/2016-04...