NVDA Q3 Earnings Alert: Why our AI stock picker is still holding Nvidia stockRead More

Tesla recalls over 27,000 Cybertrucks in fifth callback this year

Published 10/03/2024, 05:47 AM
Updated 10/03/2024, 12:05 PM
© Reuters. A Tesla Cybertruck is parked on a local Tesla dealer in Paramus, New Jersey, U.S., July 23, 2024.  REUTERS/Eduardo Munoz/File Photo
TSLA
-

By David Shepardson

WASHINGTON (Reuters) -Tesla said on Thursday it would recall more than 27,000 Cybertrucks in the United States due to delayed rear-view camera images that could impair driver visibility and increase crash risks.

This is the fifth recall issued by Tesla (NASDAQ:TSLA) for 2024 Cybertruck models since January. Tesla is issuing a software update to address the latest issue.

The latest recall affects most U.S. Cybertrucks and is the biggest one of the five for the electric truck this year. Tesla issued a recall in April to fix a loose accelerator pedal pad and another in June over issues with windshield wipers and exterior trim.

The electric-vehicle maker started deliveries of the Cybertruck in November 2023 after a two-year delay due to production problems and battery-supply constraints. Tesla has not disclosed Cybertruck production or delivery numbers.

Tesla CEO Elon Musk launched the Blade Runner-inspired truck to refresh the company's aging lineup amid slowing EV demand.

Issues with the model are closely watched by investors due to the resources Tesla has invested in its development.

The automaker said the Cybertruck's system in the affected vehicles might not complete a shutdown process before it is commanded to boot up, resulting in a delay in displaying the rear-view image.

© Reuters. A Tesla Cybertruck is parked on a local Tesla dealer in Paramus, New Jersey, U.S., July 23, 2024.  REUTERS/Eduardo Munoz/File Photo

Tesla said it has 45 warranty claims and four field reports that may be related to recall issue but no reports of collisions, fatalities or injuries related to the issue.

The image may not appear within two seconds of placing the vehicle in reverse, and the display may appear blank for up to six to eight seconds when the vehicle is shifted into reverse, Tesla said in a report with the U.S. National Highway Traffic Safety Administration.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.