Novo Nordisk’s shares fell sharply on Monday after the results from testing the Danish company’s CagriSema drug fell short of investors’ expectations.
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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."
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