Tesla (TSLA) recalls over 362,000 vehicles due to FSD crash risk

The National Highway Traffic and Safety Administration (NHTSA) announced on their website that Tesla (NASDAQ: TSLA) is recalling 362,758 vehicles equipped with Full Self-Driving Beta (FSD Beta) software or pending installation.

The system “may allow the vehicle to act unsafe around intersections,” including traveling straight through an intersection from a turn lane and proceeding through steady-yellow traffic lights, according to a filing Thursday.

Tesla will release an over-the-air (OTA) software update, free of charge. Owner notification letters are expected to be mailed by April 15, 2023.

Shares of TSLA are down 1.14% in mid-day trading on Thursday.

By Michael Elkins | [email protected]

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