(MENAFN- Baystreet) Apple CEO Tim Cook And Other Top Executives Sell Company Stock
MediaCo Strives for Biggest Multicultural Platform by Buying Estrella
Alphabet Fires Employees Over Israel Protest
Taiwan Semiconductor's Earnings Beat As A.I. Demand Grows
Tesla's Market Cap Falls Below $500 Billion Previous Articles Subscribe to Get Small Cap News & Alerts Baystreet Staff - Friday, April 19, 2024
Tesla Recalls Cybertruck Over Faulty Accelerator Pedal Tesla is recalling 3,878 Cybertrucks to fix an accelerator pedal that could cause the vehicle to speed up unintentionally, increasing the risk of a crash.
The safety recall was announced by the U.S. National Highway Traffic Safety Administration (NHTSA).
According to the regulator, the Cybertruck's accelerator pedal could come loose and get lodged in the interior trim while people are driving, leading to unintentional acceleration.
Earlier this week, it was reported that Tesla had paused production of the Cybertruck due to technical problems.
Tesla began deliveries of its fully electric pick-up truck at the end of 2023 following two years of delays due to production problems and battery-supply constraints.
The electric vehicle maker will replace or repair the faulty accelerator pedal at no charge to owners, said the NHTSA.
This is the third recall undertaken by Tesla so far in 2024, impacting a total of 2.4 million vehicles. Most issues with Tesla vehicles are resolved through over-the-air software updates.
In February, safety regulators in the U.S. launched a probe into Tesla's vehicles over power steering loss.
The stock of Tesla has declined 40% this year and is now trading at $149.93 U.S. per share
About Us Contact Us Advertise License Our Content Jobs Disclaimer Privacy Policy
Copyright 1998 - 2024 Baystreet Media Corp. All rights reserved. Nasdaq Stocks: Information delayed 15 minutes. Non-Nasdaq Stocks: Information delayed 20 minutes. Bid and Ask quotation information for NYSE and AMEX securities is only available on a real time basis. Market Data is provided by QuoteMedia. Earnings by Zacks. Analyst Ratings by Zacks
MENAFN19042024000212011056ID1108114958
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.