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Tesla (TSLA) Recalls 3 Million China EVs Over Door Handles, Driver Monitoring
Insider Monkey22d agobearish
Tesla (TSLA) Recalls 3 Million China EVs Over Door Handles, Driver Monitoring

On August 21, CNBC reported that according to notices published by Tesla and China’s State Administration for Market Regulation, Tesla, Inc. (NASDAQ:TSLA) is voluntarily recalling about 3 million vehicles in China over two separate issues: door handles that can fail to open after severe crashes and deficient driver “attention monitoring” systems. The door handle flaw […]

China launches year-long auto quality drive, mandates defect recalls
Reuters23d agobearish
China launches year-long auto quality drive, mandates defect recalls

BEIJING, Aug 27 () - Chinese regulators on Thursday ordered automakers to file proactive recall plans for any defects uncovered in self-audits, ‌as part of a year-long campaign to improve vehicle quality ‌and safety in the world's largest auto market. Tesla and eight Chinese electric vehicle makers ​on August 21 announced fixes affecting a combined 4.

Tesla (TSLA) Is Recalling Nearly 3 Million Vehicles In China
Simply Wall St.28d agobearish
Tesla (TSLA) Is Recalling Nearly 3 Million Vehicles In China

Tesla (NasdaqGS:TSLA) is recalling nearly 3 million vehicles in China due to potential safety issues with emergency door releases. The recall is the company’s largest in China to date and affects vehicles already on Chinese roads. Separately, Tesla has introduced a new Powerwall home battery leasing plan as competition in residential energy storage increases. The recall and the Powerwall shift could influence how regulators, consumers and investors view Tesla’s broader business model. This...

Stellantis Recalls Almost 1 Million Cars; Stock Falls To All-Time Low
Investor's Business Daily32d agobearish
Stellantis Recalls Almost 1 Million Cars; Stock Falls To All-Time Low

Stellantis stock tumbled to a new low on Monday after it announced a recall of almost 1 million vehicles worldwide. The recall is a software issue in the radio systems of Jeep, Dodge and Chrysler brand cars. The glitch interferes with their rear view cameras, the company said, but will be fixed via an over-the-air software update.

Tesla faces lawsuit from family of victim killed in Texas home crash
TheStreet85d agobearish
Tesla faces lawsuit from family of victim killed in Texas home crash

Tesla investors have placed a lot of eggs in the company's autonomous driving basket to justify its 338x trailing twelve-month price-to-earnings ratio. The S&P 500 currently has a TTMPE ratio of 32, according to Multpl. The company doubled down on its autonomous driving ambitions earlier this ...

Elon Musk’s Tesla Under Fresh Scrutiny As Texas Crash Victim’s Family Files Wrongful-Death Lawsuit, NTSB Opens Probe
Benzinga86d agobearish
Elon Musk’s Tesla Under Fresh Scrutiny As Texas Crash Victim’s Family Files Wrongful-Death Lawsuit, NTSB Opens Probe

Tesla Inc. (NASDAQ:TSLA) is facing fresh legal and regulatory challenges following the National Transportation Safety Board (NTSB) announcement that it will examine the fatal Texas crash that took place last week involving a Model 3 sedan. NTSB Announces Probe According to a report by Reuters on Wednesday, the agency said it will investigate the incident, which is already under scrutiny of the National Highway Traffic Safety Administration (NHTSA). The collision occurred in Katy, Texas and resul

Waymo Has a Tesla-Like Recall. What It Means for Alphabet Stock.
Barrons.com93d agobearish
Waymo Has a Tesla-Like Recall. What It Means for Alphabet Stock.

Waymo is recalling 3,871 robo-taxis to correct software that might allow a vehicle to enter a freeway construction zone, according to a National Highway Traffic Safety Administration notice. For starters, it illustrates the size of the Waymo robo-taxi fleet. The Alphabet -owned ride-hailing network operator is expanding across the country, along with other companies, including Tesla Amazon.com -backed Zoox, and others.

Tesla Faces China FSD Lawsuit As Robotics And Valuation Risks Grow
Simply Wall St.108d agobearish
Tesla Faces China FSD Lawsuit As Robotics And Valuation Risks Grow

Chinese consumers have filed a new class-action lawsuit against Tesla (NasdaqGS:TSLA) alleging fraudulent marketing and consumer deception related to its Full Self-Driving feature in China. The case targets Tesla's largest international market and raises questions around how the company presents its advanced driver assistance capabilities. At the same time, Tesla's humanoid robotics and autonomy ambitions face sharper competition as OpenAI launches a robotics division and Nvidia expands its...

Tesla Faces China FSD Lawsuit As Robotics Competition Tests Valuation
Simply Wall St.109d agobearish
Tesla Faces China FSD Lawsuit As Robotics Competition Tests Valuation

Tesla (NasdaqGS:TSLA) is facing a new class-action lawsuit in China alleging false advertising and consumer fraud related to its Full Self-Driving feature. The case challenges how Tesla markets FSD in one of its most important international markets and could influence regulatory scrutiny and consumer sentiment. At the same time, OpenAI, led by Sam Altman, has launched a dedicated robotics division focused on humanoid robots, while Nvidia is accelerating its own robotics efforts. These moves...

Tesla News On India Exit Recall And SpaceX Links Tests Valuation
Simply Wall St.118d agobearish
Tesla News On India Exit Recall And SpaceX Links Tests Valuation

Tesla has officially cancelled plans to build a manufacturing plant in India, ending years of talks with local authorities. The company is dealing with a recall of more than 14,000 Model Y vehicles in the U.S. tied to a safety label issue. Tesla's commercial ties and equity exposure to SpaceX are growing, feeding ongoing speculation about a possible merger as a SpaceX IPO approaches. For investors watching NasdaqGS:TSLA, these developments land at a time when the stock trades at $426.01 and...