Tesla Inc. has agreed to recall 134,951 Model S and Model X vehicles with touchscreen displays that could fail and raise the risk of a crash following a request by U.S. auto safety regulators last month, according to a recall posted on the Government website on Tuesday.

 


 

The National Highway Safety Administration (NHTSA) made an unusual request for recall. 13 A letter to Tesla stating that it had formally concluded the 2012-2018 Model S and the 2016-2018 Model X vehicles pose a safety issue. Automakers usually agree to voluntary fixes before the Auto Safety Agency formally requests a recall.

The Agency noted that touchscreen failures posed significant safety issues, including loss of rearview or backup camera images, exterior turn signal lighting, and windshield defogging and defrosting systems that "may decrease the driver’s visibility in inclement weather."

By 27 January, NHTSA had asked Tesla to respond to its request for recall. Tesla agreed to the recall on the same day, the company said.


 

Tesla said in its filing with NHTSA that "in the interest of bringing administrative closure to the investigation and to ensure the best ownership experience for our customers" it agreed to a voluntary recall.

NHTSA opened a probe in June 2020 into complaints that media control unit (MCU) failures led to touchscreen displays not working.

NHTSA said last month that "during our review of the data, Tesla provided confirmation that all units will inevitably fail given the memory device’s finite storage capacity."

Many complaints told Tesla that the owners had to pay to replace the unit after the warranties had expired. Tesla will replace the defective part and pay back customers who have paid to replace the part that failed because to lifetime wear.

Tesla acknowledged the problem but said if the display was not working, "the driver can perform a shoulder check and use the mirrors. If the screen is not visible to control the climate control and defroster settings, the driver will be able to manually clear the windshield."

The recall will begin on 30 March. NHTSA requested a recall of 158,000 vehicles, but Tesla stated that the recall does not include some vehicles with upgraded processors built after March 2018.
 

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Tesla's market top hit $100 billion on Wednesday, speeding past Volkswagen, which right now sits at $88 billion. Tesla shares flooded 16% in the week through January 23, expanding Elon Musk's total assets by $1.7 billion to $32 billion.

The 49-year-old Tesla CEO, who possesses almost 22% of the electric vehicle producer's stock, is as of now the 28th-most extravagant individual on the planet. He additionally has an expected $12.5 billion stake in SpaceX, his secretly held aviation organization known for reusable rockets.

Tesla shares have dramatically increased since October and are up over 30% this year — it's still just January. Tesla outperformed Ford and GM in advertise capitalization prior this month. The main carmaker still behind Toyota, with a market top of $233 billion.

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Tesla's battery supplier says it's made a huge breakthrough in battery technology that could power electric-vehicle sales for years to come.

Contemporary Amperex Technology Ltd., the Chinese car-battery giant that supplies Tesla and Volkswagen, is ready to produce a battery that can last 16 years and 2 million kilometers, or 1.24 million miles, the company's chairman, Zeng Yuqun, told Bloomberg over the weekend.

Zeng said the company was ready to start fulfilling orders for the battery but didn't disclose whether anyone had bought any yet. He added that the battery cost about 10% more than average EV batteries.

Battery life is one of the main areas holding back widespread EV adoption, and a long-lasting battery could be transformative for the industry. Batteries are the most expensive part of EVs, so if one with a longer life could be transferred into a new car, it could significantly lower the price. Bloomberg said warranties on EV batteries cover roughly 150,000 miles or eight years.

Reuters reported in May that Tesla was making a million-mile battery with CATL. Sources told Reuters that Tesla planned to launch the new battery in China first as part of a wider strategy to reposition the company. Tesla did not immediately respond to Business Insider's question about whether the battery announced by CATL was developed jointly.

In his interview with Bloomberg, Zeng seemed upbeat about the industry's prospects, which took a downturn with the coronavirus pandemic. "The pandemic may have a lasting effect throughout 2020," he said, "but won't be a major factor next year."

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