U.S. auto safety regulators monitor Tesla’s new software version

On Thursday, U.S. auto safety regulators announced that they would closely monitor Tesla’s new software version of self-driving cars. The organization said that Tesla must be ready to protect the public against safety risks.

On Tuesday, Tesla Inc. (TSLA.O) released a beta version of its “Full Self-Driving” software upgrade to an undisclosed number of “expert and careful” drivers. Shared video snippets of self-driving cars on city streets at night became viral on social media.

“NHTSA has been briefed on Tesla’s new feature, which represents an expansion of its existing driver assistance system. The agency will monitor the new technology closely and will not hesitate to take action to protect (the) public against unreasonable risks to safety,” the National Highway Traffic Safety Administration stated.

On Wednesday, Tesla’s Chief Executive Officer Elon Musk reported that the latest upgrade was planned to be released worldwide by the end of 2020.

Tesla’s shares jumped by 5% after its new software announcement.