By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
AmextaFinanceAmextaFinance
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Notification Show More
Aa
AmextaFinanceAmextaFinance
Aa
  • Banking
  • Credit Cards
  • Loans
  • Dept Management
  • Mortgage
  • Markets
  • Investing
  • Small Business
  • Videos
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Follow US
AmextaFinance > Markets > Stocks > Tesla to recall 1.1M imported and China-made vehicles
Stocks

Tesla to recall 1.1M imported and China-made vehicles

News Room
Last updated: 2023/05/12 at 9:43 PM
By News Room
Share
2 Min Read
SHARE

© Reuters. Tesla (TSLA) to recall 1.1M imported and China-made vehicles

Chinese regulators announced Friday they received a notification from Tesla (NASDAQ:) that the electric automaker will deploy software updates to more than 1 million vehicles to allow changes to braking methods and more warnings about the use of accelerator pedals.

According to Chinese regulations, the event is classified as a “product recall,” as stated by the regulator. However, it remains unclear at the moment whether drivers will be required or eligible to return their vehicles to Tesla for refunds.

From May 29, the U.S. automaker will issue over-the-air software updates to 1.1M units of its Model S, Model X, Model 3, and Model Y cars, both imported and China-made, the State Administration for Market Regulation said in a statement.

According to the recall report, the concerned vehicles may not allow drivers to turn off regenerative braking or provide enough warnings when drivers stepped on the accelerator pedal hard, which, combined, could increase the risk of collision.

The update will restore the option of switching off regenerative braking and warn drivers when they step hard on the accelerator pedal, it added.

Shares of TSLA are up 2.14% in pre-market trading on Friday.

Read the full article here

News Room May 12, 2023 May 12, 2023
Share this Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Finance Weekly Newsletter

Join now for the latest news, tips, and analysis about personal finance, credit cards, dept management, and many more from our experts.
Join Now
How To ‘Invest’ In Private Companies Like OpenAI And SpaceX

Watch full video on YouTube

Where smart investors are moving cash in a volatile market

Watch full video on YouTube

How Stock Markets Might React After The Federal Reserve’s December Meeting

This article was written byFollowChris Lau is an individual investor and economist…

India’s airports in chaos as largest airline cancels hundreds of flights

Stay informed with free updatesSimply sign up to the Airlines myFT Digest…

How Zillow changed the way people buy, sell and rent homes

Watch full video on YouTube

- Advertisement -
Ad imageAd image

You Might Also Like

Stocks

CPS reports solid 2023 performance, eyes future growth By Investing.com

By News Room
Stocks

Niu Technologies faces mixed results in Q4 2023 By Investing.com

By News Room
Stocks

Exagen Inc. reports strong 2023 revenue growth By Investing.com

By News Room
Stocks

Legacy Housing reports mixed results amid sales decline By Investing.com

By News Room
Stocks

Harmony Biosciences exec sells over $383k in stock By Investing.com

By News Room
Stocks

Biofrontera posts record revenue and outlines growth plans By Investing.com

By News Room
Stocks

Granite Ridge CFO buys $31,000 in company stock By Investing.com

By News Room
Stocks

Coliseum Capital Management buys MasterCraft Boat shares worth over $3.2m By Investing.com

By News Room
Facebook Twitter Pinterest Youtube Instagram
Company
  • Privacy Policy
  • Terms & Conditions
  • Press Release
  • Contact
  • Advertisement
More Info
  • Newsletter
  • Market Data
  • Credit Cards
  • Videos

Sign Up For Free

Subscribe to our newsletter and don't miss out on our programs, webinars and trainings.

I have read and agree to the terms & conditions
Join Community

2023 © Indepta.com. All Rights Reserved.

YOUR EMAIL HAS BEEN CONFIRMED.
THANK YOU!

Welcome Back!

Sign in to your account

Lost your password?