Tesla Recalls
Tesla Inc. has recently issued a recall for over 9,000 Model X and Model Y vehicles due to a potential issue with the steering system. According to the National Highway Traffic Safety Administration (NHTSA), the issue can result in a loss of control and increase the risk of a crash.
The recall affects certain Model X vehicles manufactured between September 2015 and July 2016, as well as certain Model Y vehicles manufactured between January and October 2020. The problem is related to the bolts that attach the steering gear to the steering rack, which may not have been properly tightened during assembly.
If the bolts become loose, it could cause the steering wheel to become misaligned or even detach from the steering column. This can lead to a loss of control and increase the risk of a crash. Tesla has not received any reports of accidents or injuries related to this issue.
Tesla has announced that it will inspect and tighten the bolts on the affected vehicles, free of charge to the owners. The company has also assured that it has already notified all affected customers and instructed them not to drive their vehicles until they are inspected.
The steering recall is the latest in a series of recalls issued by Tesla in recent years. In 2020, the company issued a recall for over 30,000 Model S and Model X vehicles due to potential suspension issues. The previous year, the company recalled over 123,000 Model S vehicles due to a power steering issue.
Despite the recent recalls, Tesla’s stock has remained relatively strong, but has just recently consolidated. Some investors and analysts have expressed concern about the company’s quality control and its ability to maintain its leadership in the electric vehicle market. Additionally, some critics have accused Tesla of downplaying the severity of the recalls and failing to act quickly enough to address the issues.
In conclusion, the recent recall of Tesla’s Model X and Model Y vehicles due to a potential steering issue highlights the importance of quality control in the automotive industry. While Tesla has assured its customers that the issue will be resolved quickly and free of charge, the recall has raised questions about the company’s commitment to safety and the impact on its stock performance.
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