US regulator closes defect petition covering over 2 million Tesla vehicles [Yahoo! Finance Canada]
Tesla, Inc. (TSLA)
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Source: Yahoo! Finance Canada
The decision removes the immediate ?risk of a large-scale recall for Tesla, but regulatory overhang remains as authorities continue to scrutinize its ?Full Self-Driving driver-assistance system. A petition in March 2023 alleged Tesla vehicles could increase the risk of pedal misapplication, potentially leading to unintended acceleration due to differences in controls such as one-pedal driving. NHTSA said it found no evidence of a defect or safety risk, citing ?very few relevant incidents and data ?showing vehicles responded as intended. Tesla did not immediately respond to a Reuters request for comment. The petition had called for a recall of ?all Tesla vehicles produced since 2013 and proposed safeguards such as requiring drivers to apply the brake pedal before stopping. NHTSA said Tesla's use of regenerative braking, or "one-pedal driving," is common ?across electric ?vehicles and not unique to the company. The ?agency identified only a handful of ?crashes potentially l
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