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Tesla and safety, recall for half a million cars. The Stock Exchange ignores

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A recall of almost half a million cars in the United States which, however, does not affect the prices of the stock market in the slightest. Tesla is grappling with problems for 475,000 between Model 3 and Model S, a number that is equivalent to the entire production of last year and half of this year, which according to the most recent estimates is close to one million. The reversing camera and front hood locks need to be fixed, which increase the risk of accidents, according to the Highway Traffic Safety Administration (NHTSA).

Tesla shares, in reality, fell as much as 3% in the morning, but then recovered to return to positive territory, strengthening a performance that in 2021 records an increase of just under 50%, attesting to the market cap beyond the trillion dollar barrier. The recalled years are from 2014 to 2021. The US electric vehicle manufacturer is recalling 356,309 2017-2020 Model 3 vehicles to resolve reversing camera issues and 119,009 Model S vehicles due to front hood issues, it said the NHTSA. For Model 3 sedans, “the structure that secures the reversing camera can be damaged by opening and closing the trunk, blocking the driver’s view,” the NHTSA said. Tesla counted 2,301 warranty claims and 601 issue reports in the United States. For Model S vehicles, bonnet closing problems can cause the hood to open “without warning”. which obviously detracts from the driver’s visibility, “increasing the risk of accidents,” said Paolo Alto’s own house.

Tesla said it is not aware of any accidents, injuries or deaths related to the issues cited in the Model 3 and Model S recall, the NHTSA said. The Authority recently investigated 580,000 Tesla vehicles following the automaker’s decision to allow games to be played on the large display while on the move, and the company Elon Musk drove quickly reversed, making it impossible to use the games. playing video games while the car is in motion. Still under pressure from NHTSA, Tesla agreed in February to recall 135,000 vehicles with displays touchscreen at risk of failure and therefore possible causes of an accident. But the most serious investigation is the one opened in August when the NHTSA investigated the assisted driving system called autopilot after about twenty accidents that resulted in numerous injuries and one death. Musk just yesterday announced that in 2022 the arrival of an autopilot update (a trinket that costs several thousand euros to the buyer) such as to go from level 2 to level 4.

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Still on the subject of assisted driving, at the end of June a problem of sudden and dangerous accelerations had affected 285 thousand between Model 3 and Model Y in China, but had been solved with an Ota update, or over-the-air (at a distance) without the cars were actually recalled.

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