NHTSA Closes 3-Year-Old Probe Into Tesla Model X, S Vehicles Over Failure Of Touchscreen, Loss Of Rearview Camera Display
Portfolio Pulse from Anan Ashraf
The National Highway Traffic Safety Administration (NHTSA) has closed its three-year investigation into Tesla's Model S and X vehicles over concerns about the loss of rearview camera display due to a failing touchscreen. The investigation, which began in November 2020, focused on 158,716 units from model years 2012-2018 for the Model S and 2016-2018 for the Model X, all equipped with NVIDIA Tegra 3 processors. The issue was linked to the 8GB eMMC NAND flash memory device becoming fully consumed within 5-6 years. Despite Tesla disputing the findings, a recall was issued on January 29, 2021, offering a free hardware remedy. NHTSA has deemed the recall sufficient and closed the investigation but will continue to monitor the issue.
May 03, 2024 | 12:24 pm
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NHTSA has closed its investigation into Tesla's Model S and X for touchscreen failures, deeming the recall sufficient. Tesla had issued a recall providing a free hardware remedy despite disputing the findings.
The closure of the NHTSA investigation removes a regulatory overhang on Tesla, potentially restoring investor confidence in the company's commitment to safety and regulatory compliance. The recall and Tesla's response to the issue demonstrate the company's ability to address and mitigate concerns, which could positively influence investor sentiment in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90