Tesla (TSLA) Recalls Nearly 700,000 Vehicles Due to Tire Pressure Monitoring Issue

Author's Avatar
5 days ago
Article's Main Image

Tesla (TSLA, Financial) is recalling nearly 700,000 vehicles due to an issue with the tire pressure monitoring system warning light. The recall affects certain 2024 Cybertruck models, 2017-2025 Model 3, and 2020-2025 Model Y. The warning light may fail to remain illuminated between driving cycles, potentially not alerting drivers to low tire pressure, which can increase accident risk. Tesla has provided a free software update to address the problem.

This recall is part of Tesla's ongoing efforts to address vehicle issues. Earlier, Tesla recalled over 9,000 Model X vehicles due to a roof trim issue. In the first half of the year, Tesla recalled nearly 2.6 million vehicles in the U.S., second only to Ford. A major recall involved 1.85 million vehicles due to a software issue that could prevent the detection of an unlocked hood, posing a safety risk. The issue will be resolved via an over-the-air software update.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.