Tesla Inc said it would recall 362,000 U.S. vehicles to update its Full Self\u002DDriving (FSD) Beta software.
Play Video
Tesla shares were down 3.6% at $206.62 on Thursday afternoon. It was among the most actively traded stocks on U.S. exchanges.Article content U.S. senators Ed Markey and Richard Blumenthal, both Democrats, said the recall was “long overdue,” adding, “Tesla must finally stop overstating the real capabilities of its vehicles.”Article content
Tesla reported having $2.9 billion in deferred revenue at the end of 2022 related to “access to our FSD features, internet connectivity, free Supercharging programs and over-the-air software updates primarily on automotive sales.”Article content Last May, in an interview with members of a Tesla owners club, Musk called full self driving “essential” for the company. “It’s really the difference between Tesla being worth a lot of money or worth basically zero.”Article content
NHTSA said “the system may respond insufficiently to changes in posted speed limits or not adequately account for the driver’s adjustment of the vehicle’s speed to exceed posted speed limits.”
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tesla recalls 362,000 U.S. vehicles over Full Self-Driving softwareThe recall covers 2016-2023 Model S, Model X, 2017-2023 Model 3, and 2020-2023 Model Y vehicles equipped with FSD Beta software or pending installation
Read more »
Tesla recalls ‘Full Self-Driving’ cars to fix flaws in behaviourTesla is recalling nearly 363,000 vehicles with its “Full Self-Driving” system to fix problems with the way it behaves around intersections and following posted speed limits.
Read more »
Tesla recalls 362,000 U.S. vehicles over Full Self-Driving softwareTesla Inc said it would recall 362,000 U.S. vehicles to update its Full Self\u002DDriving (FSD) Beta software.
Read more »
Biden administration’s new EV charger rules stress Made In America, force Tesla changesThe Biden administration hopes the new rules, issued after nearly eight months of debate, will jump-start the biggest transformation of the U.S. driving landscape in generations
Read more »
New Biden EV charger rules stress Made in America, force Tesla changesCompanies that hope to tap US$7.5 billion in federal funding for this charging network must also adopt the dominant U.S. standard for charging connectors, known as 'Combined Charging System.'
Read more »