Tesla is recalling 362,800 vehicles over concerns related to its self-driving feature.
The
National Highway Traffic Safety Administration (NHTSA) said that some
Teslas, in rare circumstances, could violate local traffic laws,
potentially increasing the risk of a collision if a driver fails to
intervene.
- The NHTSA said Tesla had identified 18 warranty claims potentially related to certain roadway conditions, such as:
- Traveling
through intersections during a stale yellow light and adjusting the
vehicle’s speed while traveling through certain variable speed zones.
- Tesla
said it will deploy an over-the-air software update in the coming weeks
to improve how the technology negotiates certain driving maneuvers
during the relevant conditions.
- In a tweet on Thursday, CEO
Elon Musk said, “The word ‘recall’ for an over-the-air software update
is anachronistic and just flat wrong!”
- Tesla shares closed at $202.04 on Thursday, down ~5.7% for the day.
- Elon Musk donated 11.6 million Tesla shares, worth about $1.9B, to charity last year.
- Musk sold about $23B worth of his Tesla holdings in 2022, in part to support his $44B acquisition of Twitter.
- Musk still holds about 13% of Tesla.
