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30.12.202118:17 Forex Analysis & Reviews: The end of the year turns out to be a bad one for Tesla

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The US highway traffic safety regulator has released information that Tesla Inc will recall more than 475,000 of its Model 3 and Model S electric vehicles. The company intends to make such a move due to problems with the rear-view camera and trunk, which increase the risk of a collision.

The end of the year turns out to be a bad one for Tesla

Exchange Rates 30.12.2021 analysis

The American electric car manufacturer is recalling 356,309 2017-2020 Model 3 cars to solve problems with the rear-view camera and 119,009 Model S cars due to problems with the front hood, the National Highway Traffic Safety Administration (NHTSA) reported.

The total number of recalled vehicles is approaching half a million vehicles put on the market by the company last year.

According to the management, in Model 3 sedans, "the wiring harness of the rear-view camera may be damaged when opening and closing the trunk lid, which prevents the display of the image from the rear-view camera."

In Model S cars, in turn, problems with the front hood latch can lead to the trunk opening "without warning and make it difficult for the driver to see, increasing the risk of an accident."

According to NHTSA, Tesla has no data on any accidents, injuries, or deaths related to problems with its Model 3 and Model S cars.

Now the department is investigating Tesla on other issues, in particular, in connection with the controversial decision of the automaker to allow games to be played on the screens of cars while they are in motion.

At the moment, Tesla has already agreed to ban the playback of video games on vehicle screens while cars are moving, according to NHTSA.

In August, NHTSA opened an official safety check of the Tesla Inc Autopilot driver assistance system after a series of accidents involving Tesla models and emergency vehicles.

Under pressure from NHTSA in February, Tesla agreed to recall 135,000 vehicles with touchscreens that could fail and increase the risk of an accident.

Tesla shares fell 1.1% in premarket trading on Thursday.

Egor Danilov
Analytical expert of InstaForex
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