Tesla (TSLA) recalls 435,000 EVs in China over marker light issue

Get Alerts TSLA Hot Sheet
Join SI Premium – FREE
Get inside Wall Street with StreetInsider Premium. Claim your 1-week free trial here.
According to a Chinese regulatory body Tesla (NASDAQ: TSLA) will issue software updates for more than 435,000 vehicles in China to fix an issue with side marker lights that could in extreme circumstances lead to a collision. The fix, which counts as a recall, covers 142,277 Model 3 cars and 292,855 Model Ys. The cars to be recalled are at risk of light failures due to software issues, according to the Chinese regulator.
Tesla will remotely update the cars' software through over-the-air technology and the company will contact owners of cars whose software systems can't be updated remotely.
The electric vehicle giant also recalled more than 80,000 Model S, Model X and Model 3 cars last week in China for software and seat belt issues.
Shares of TSLA are up 0.80% in pre-market trading on Thursday.
By Michael Elkins | [email protected]
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Elon Musk wins 'funding secured' trial
- Raymond James softens on Edwards Lifesciences (EW) as confidence in growth profile begins to fade
- Tesla (TSLA) PT Raised to $225 at Wedbush
Create E-mail Alert Related Categories
Corporate News, Hot ListRelated Entities
Tesla, Model 3, Michael ElkinsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!