Tesla Recalls 13000 Electric Vehicles Over Battery Power Loss Risk
Tesla Inc. is recalling thousands of recently built electric vehicles over an issue that can cause a sudden loss of battery power, increasing the risk of a crash.
The problem stems from a faulty battery pack connection part, which can lead to loss of propulsion without warning, Tesla said in documents posted to the National Highway Traffic Safety Administration’s website. The company is recalling almost 8,000 Model Y SUVs and just over 5,000 Model 3 sedans produced from March through August of this year.
What is the Reason for the Recall?
The recall is due to a faulty battery pack connection part, which can cause a sudden loss of battery power. This can lead to loss of propulsion without warning, increasing the risk of a crash. Tesla has received 36 warranty claims and 26 field reports related to the issue. There have been no reports of crashes, injuries or deaths, according to the recall report.
For Indian investors and traders, it is essential to stay informed about the latest developments in the global electric vehicle industry, as it can impact the Indian auto market. The recall is a reminder of the importance of quality and safety in the electric vehicle industry.
Impact on Indian Auto Market
The recall is likely to have a minimal impact on the Indian auto market, as the affected vehicles are not sold in India. However, it can affect the perception of Indian consumers about the quality and safety of electric vehicles. As the Indian government continues to promote the adoption of electric vehicles, it is essential to address concerns about quality and safety.
Indian investors and traders can stay informed about the latest developments in the Indian auto market by following reputable sources of auto industry news. This can help them make informed investment decisions and stay ahead of the curve.
Tesla’s Quality and Safety Issues
The recall adds to scrutiny of Tesla over quality and safety issues. NHTSA said last month it was investigating potential power-supply problems involving the electrically powered doors on the 2021 Model Y, following a Bloomberg investigation into the company’s door handles. Separately, the automaker has issued more than half a dozen recalls involving its recently introduced Cybertruck.
Tesla’s quality and safety issues can impact the company’s stock price and reputation. Indian investors and traders can stay informed about the latest developments in Tesla’s quality and safety issues by following reputable sources of Tesla news.
Conclusion
In conclusion, the recall of Tesla’s electric vehicles due to a risk of sudden battery power loss is a significant development in the global electric vehicle industry. Indian investors and traders can stay informed about the latest developments in the industry by following reputable sources of electric vehicle industry news. This can help them make informed investment decisions and stay ahead of the curve.
As the Indian government continues to promote the adoption of electric vehicles, it is essential to address concerns about quality and safety. The recall is a reminder of the importance of quality and safety in the electric vehicle industry, and Indian investors and traders should stay informed about the latest developments in the industry.
