US ends probe into Tesla Model X, S over loss of rear-view camera [Yahoo! Finance Canada]
Tesla, Inc. (TSLA)
Last tesla, inc. earnings: 4/29 04:11 pm
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Source: Yahoo! Finance Canada
The safety regulator said Tesla's recall of the vehicles appears to address the risk presented by the failure of the component and it will continue to monitor the effectiveness of the recall. The regulator's Office of Defects Investigation (ODI) found that the component that led to the malfunctioning of the rear-view camera has a finite lifespan and once consumed would no longer be functional. "ODI believes that a 5- or 6-year life expectancy for a component integral to providing the driver with safety functions is insufficient," it said. ADVERTISEMENT Tesla said all units will inevitably fail given the memory device's finite storage capacity, the agency said. The company had last month recalled 3,878 Cybertrucks to fix an accelerator pedal pad that could come loose and get lodged in the interior trim. (Reporting by Nilutpal Timsina and Zaheer Kachwala in Bengaluru; Editing by Arun Koyyur)
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