ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Tesla recalls 200,000 vehicles over rearview camera display issue

A total of 199,575 Tesla Model S, X and Y vehicles from 2023 are being recalled because the rearview camera may not display an image while in reverse.

Tesla is recalling nearly 200,000 of its model year 2023 vehicles because the rearview camera may not display an image while in reverse.

The electric vehicle maker traced the issue to a "software instability," the National Highway Traffic Safety Administration (NHTSA) said in a statement.

A total of 199,575 Model S, X and Y vehicles from 2023 with full self-driving computer 4.0 and certain software versions were included in the recall.

"A rearview image that does not display while in reverse decreases the driver’s visibility and increases the risk of a crash," NHTSA said.

MUSK WANTS MORE VOTING CONTROL AT TESLA BEFORE EXPANDING AUTOMAKER'S AI WORK

The rearview camera display issue hasn’t led to any accidents, injuries or fatalities.

The vehicles have already received an over-the-air software update as a solution. That occurred not long after the electric vehicle company first became aware of some vehicle’s rearview camera feeds not showing up while in reverse in late December, according to NHTSA.

TESLA ROLLS OUT UPGRADED MODEL 3 IN NORTH AMERICAN MARKETS

The fix was free for customers. 

Tesla will also mail drivers with affected vehicles information about the recall in March, NHTSA said.

In addition to the over-the-air fix, the company also incorporated the updated software release into its vehicle production, according to the agency.

TESLA STOCK DIVES AFTER EARNINGS, WARNS OF ‘SLOWER GROWTH’

Tesla said earlier this month its 2023 production totaled nearly 1.85 million vehicles, a 35% increase compared to the prior year.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.