Musk recalls Tesla Cybertrucks over ‘unintended acceleration' [Yahoo! Finance]
Tesla, Inc. (TSLA)
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Source: Yahoo! Finance
The US National Highway Traffic Safety Administration (NHTSA) said Tesla had recalled the 3,878 Cybertrucks the company has sold to date and that it would fix the pedals free of charge. A fault with the pedal's footpad meant it was at risk of becoming dislodged from the pedal itself, leading the pedal to get stuck and causing the car to accelerate and potentially crash. It said the problem occurred because Tesla workers had started using soap when assembling the pedal. “An unapproved change introduced lubricant (soap) to aid in the component assembly of the pad onto the accelerator pedal. Residual lubricant reduced the retention of the pad to the pedal,” it said. The recall caps a punishing week for Tesla. It cut thousands of jobs in response to a slowdown in electric vehicle sales, while shares fell to their lowest level for more than a year. Tesla started selling its Cybertruck - an unconventional stainless steel pickup and the company's first new car in almost four years
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- This was the best-selling car in California in 2023 — and it's not even close [Yahoo! Finance]Yahoo! Finance
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- Down 57% from Highs, Is Tesla (NASDAQ:TSLA) Stock a Buy Now? [Yahoo! Finance]Yahoo! Finance
- EVs are the most expensive vehicles to operate over 1,000 miles, according to iSeeCars [Yahoo! Finance]Yahoo! Finance
- Elon Musk's Tesla yanks summer internship offers, students say [Yahoo! Finance]Yahoo! Finance
TSLA
Earnings
- 4/23/24 - Beat
TSLA
Sec Filings
- 4/30/24 - Form PX14A6G
- 4/29/24 - Form DEFA14A
- 4/29/24 - Form ARS
- TSLA's page on the SEC website