Tesla Recalls Over 125,000 EVs To Fix Faulty Seat Belt Warnings: Which Models Are Affected? (UPDATED)
Portfolio Pulse from Anan Ashraf
Tesla is recalling over 125,000 cars due to faulty seat belt warnings. The National Highway Traffic Safety Administration (NHTSA) highlighted that the seat belt warning light and chime may not activate as intended, increasing the risk of injury. Tesla will deploy a software update in June to fix the issue at no cost to customers.
May 31, 2024 | 10:05 am
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Tesla is recalling over 125,000 cars due to faulty seat belt warnings. The NHTSA highlighted that the seat belt warning light and chime may not activate as intended, increasing the risk of injury. Tesla will deploy a software update in June to fix the issue at no cost to customers.
The recall of over 125,000 cars due to faulty seat belt warnings is a significant regulatory issue that could negatively impact Tesla's stock price in the short term. Although the company is addressing the issue with a free software update, the recall could still affect investor sentiment and consumer confidence.
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