Tesla is recalling more than 475,000 of its Model 3 and Model S electric cars to address rearview camera and trunk issues that increase the risk of crashing, the U.S. road safety regulator said.
Tesla shares fell as much as 3% in the morning but rebounded and were last trading slightly higher around $1,088.76. The federal regulator has been discussing another camera issue with the automaker, while probing the electric vehicle manufacturer’s driver assistant system and other issues.
The model years affected in the recall range from 2014 to 2021, and the total number of recalled vehicles is almost equivalent to the half a million vehicles Tesla delivered last year.
The U.S. electric vehicle manufacturer is recalling 356,309 2017-2020 Model 3 vehicles to address rearview camera issues and 119,009 Model S vehicles due to front hood problems, the National Highway Traffic Safety Administration (NHTSA) said.
For Model 3 sedans, “the rearview camera cable harness may be damaged by the opening and closing of the trunk lid, preventing the rearview camera image from displaying,” the NHTSA said.
Tesla identified 2,301 warranty claims and 601 field reports regarding the issue for U.S. vehicles, CNBC reported.
For Model S vehicles, front hood latch problems may lead a trunk to open “without warning and obstruct the driver’s visibility, increasing the risk of a crash,” Tesla said.
Tesla said it was not aware of any crashes, injuries or deaths related to the issues cited in the recall of Model 3 and Model S cars, the NHTSA said.