Tesla will recall 1.6 million cars

Tesla will recall 1.6 million cars

Tesla Model Y China

Tesla will recall 1.62 million vehicles in China, over concerns about steering software, news agencies reported Friday, citing a government statement.

AFP and Reuters reported that the China State Administration for Market Regulation said both imported as well as domestically produced vehicles were part of the recall, which will be conducted electronically. Reuters reported that the software update will be to avoid misuse of the Autosteer function and cut the risk of collision.

Tesla faces rivals including Berkshire Hathaway-backed BYD 1211, -0.67% in a fiercely competitive Chinese market.

Tesla shares have weakened 4% this year, after doubling last year.

Leave a Reply

Your email address will not be published. Required fields are marked *

Pin It on Pinterest