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Tesla Will Recall Cybertruck in Latest Setback [The New York Times]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
Tesla has agreed to recall nearly 4,000 of its Cybertruck pickups to fix an accelerator pedal that can get stuck, raising the risk of crashes, a federal safety agency said on Friday.The defect could cause the vehicle to accelerate unintentionally, the National Highway Traffic Safety Administrationsaid in a notice posted on its websitein NovemberThe recall is yet another setback for Tesla, the largest electric vehicle manufacturer in the United States. The company has been losing market share to emerging competitors and reported this month thatits sales in the first three months of the yearTesla’s recent troubles have unnerved investors, and the company’s stock has fallen roughly 40 percent so far this year.The federal safety agency said all 3,878 Cybertrucks on roads produced from Nov. 13 to April 4 have the defect, which it said was caused by soap being used as lubricant during assembly at Tesla’s factory in Austin, Texas. The residual soap “reduced the retention of the pad to the p
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