Business · 13/04/2012

Tesla Granted Exemption from Federal Motor Vehicle Theft Prevention Standard for Model S

Tesla Motors Inc. has been granted an exemption from the Federal Motor Vehicle Theft Prevention Standard for its Model S vehicle line, as the agency determined that the antitheft device to be placed as standard equipment is likely to be as effective in reducing and deterring motor vehicle theft as compliance with the parts-marking requirements of the standard. The exemption was granted following a petition filed by Tesla, with the agency having previously granted the company's request for confidential treatment of specific information in its petition, dated December 5, 2011.