Tesla’s Model 3 and Model S recall expands to China for ‘security risks’

Tesla


Tesla is recalling Model 3 and Model S vehicles in China, citing “security risks,” China’s market regulator said on Friday, December 31.

The electric automaker based out of Austin, Texas will have 144,208 China-made Model 3 vehicles, 35,836 imported Model 3 units, and 19,697 imported Model S cars recalled in the Chinese market, Reuters reported early Friday. The news comes after Tesla and the NHTSA confirmed nearly 500,000 Model 3 and Model S vehicles would be recalled in the United States on Thursday.

The United States recalls of the two Tesla electric models were not related to “security risks,” however. Tesla recalled Model S vehicles in the U.S. due to a faulty frunk latch, which is positioned incorrectly on vehicles built from 2014-2021, and could cause the frunk lid to blow open during driving, limiting visibility and establishing a major safety threat in the occurrence of this event. Tesla stated it had not been made aware of any accidents, injuries, or deaths due to the issue.

Additionally, Model 3 units were recalled as the rearview camera system could be faulty due to the installation of the system’s wiring, which could have excessive stress due to its bent nature. The camera could short out and be ineffective, but it only applies to 1% of the total recall population, the NHTSA said.

In China, the story is slightly different. The recalls are being related to security risks, which are related to the possibility of a sudden opening of the trunk lid during movement, according to a post on China’s State Administration for Market Regulation. The State-run agency stated that it would recall nearly 200,000 Tesla vehicles, which could be affected by the mishap.

Tesla shares were down only .16% at 10:25 AM in New York. The stock was trading at $1,068.66.

Disclaimer: Joey Klender is a TSLA Shareholder.

I’d love to hear from you! If you have any comments, concerns, or questions, please email me at [email protected]. You can also reach me on Twitter @KlenderJoey, or if you have news tips, you can email us at [email protected].

Tesla’s Model 3 and Model S recall expands to China for ‘security risks’





Products You May Like

Articles You May Like

SolarEdge is willing to sacrifice margins today to capture huge demand growth in Europe, CFO says
Tesla (TSLA) announces 3-for-1 stock split with stock dividend coming August 24
Hyundai to export heavy-duty hydrogen electric trucks to Germany
‘Dirty ol’ coal’ is making a comeback and consumption is expected to return to 2013′s record levels
Oil major BP boosts dividend as quarterly profits jump on high commodity prices

Leave a Reply

Your email address will not be published.