On June 3, local time, the U.S. National Highway Traffic Safety Administration (“NHTSA”) said in a regulatory filing that since February this year, complaints about Tesla’s unexpected braking rose from 354 to 758. more than doubled. NHTSA requires Tesla to respond to “brake issues” by June 20.

As of the close of the day, Tesla had fallen by 9.22%, and its stock price was reported at $703.55 per share. The latest total market value was $727.124 billion.

or face hefty fines

Tesla is facing scrutiny from U.S. regulators.

On June 3, a new regulatory filing disclosed by the NHTSA revealed that complaints alleging Tesla vehicles “phantom braking” in 2021-2022, that is, Tesla vehicles braking suddenly at high speeds, from February 354 cases rose to 758 cases.

According to media reports, if Tesla does not respond in a timely manner, the automaker will face a fine of up to $115 million.

In February, NHTSA launched an investigation into Tesla’s “phantom braking” phenomenon. It is reported that a total of 416,000 Tesla vehicles were investigated this time, involving Model 3 and Model Y models. However, there have been no reports of crashes or injuries as a result of the aforementioned braking issues.

In a complaint to NHTSA, Tesla owners said the phenomenon of “phantom braking,” a feature that automatically accelerates, brakes and steers on highways, typically occurs when cruise control or Autopilot is turned on.

It is reported that the phenomenon may be a problem with Tesla’s automatic emergency braking system. Some owners said shadows on the road and oncoming cars appeared to trigger a “phantom braking” event. Others said they had to take steps to avoid being rear-ended after slowing down.

Notably, on May 18, S&P Dow Jones Indices removed Tesla from its S&P 500 ESG Index due to some of the crashes believed to be related to Tesla’s Autopilot system, among other issues.

Frequent recalls

According to the recall information released by the State Administration for Market Regulation, as of May 16, Tesla has initiated a total of 4 recalls in China this year, involving a total of 275,800 vehicles, involving some Model 3 and Model Y models.

Tesla’s four recalls in China involve: some vehicles’ heat pump electronic expansion valves move slightly when they are positioned, which may cause the valve to partially open in the long run, the heat pump compressor stops working, and the in-vehicle heating function fails; There may be slight manufacturing differences in the power semiconductor components of the motor inverter. Some of the components in the vehicle may be used for a period of time. The component manufacturing differences may cause the rear inverter to fail, causing the inverter to not control the current normally; due to software reasons, the recall is within the scope of In track mode, the vehicle speed area in the center touchscreen display only shows the vehicle speed value and lacks the speed unit (KM/H); for some vehicles, when preparing for DC fast charging or during DC fast charging, the center of the infotainment system The processor may not be sufficiently cooled, causing the CPU to slow down and display sluggishness on the central touchscreen display. In severe cases, the CPU may restart and the display cannot be displayed.

Tesla’s frequent recalls have raised concerns about the safety performance of new energy vehicles.

This article is reprinted from: https://news.futunn.com/post/16171574?src=3&report_type=market&report_id=207285&futusource=news_headline_list
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