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Tesla shares drop more than 5% as U.S. regulators review Cybercab

Tesla shares dropped more than 5% on Friday after U.S. auto regulators began reviewing whether the company properly certified its steering-wheel-free Cybercab. NHTSA is examining about 1,000 vehicles and the technical basis Tesla used.

TSLA

Tesla NASDAQ:TSLA shares dropped more than 5% Friday after U.S. auto regulators began reviewing whether the company properly certified its steering-wheel-free Cybercab.The National Highway Traffic Safety Administration is examining about 1,000 vehicles and the technical basis Tesla used to determin…