Tesla stock fell 0.4 % in premarket trading on Thursday after the National Highway Traffic Safety Administration (NHTSA) announced that the EV maker is recalling 475,318 vehicles due to two different safety issues.
Tesla is recalling all 2017-2020 Model 3 vehicles, according to a notification filed on the National Highway Traffic Safety Administration's website on December 21. According to the press release, the trunk lid's opening and shutting may harm the vehicle's rearview camera wire harness, preventing the rearview camera image from being shown.
Tesla will check your vehicle and, if necessary, install a guide protector and new wire harness at no cost to you.
The second issue pertains to Model S automobiles manufactured between 2014 and 2021. The front trunk latch assembly on this vehicle could be misplaced, preventing the secondary hood latch from engaging. As a result, these automobiles fail to meet federal motor vehicle safety standards, according to the NHTA.
In both circumstances, Tesla will perform the necessary repairs at no cost to the customer. Tesla is expected to mail vehicle owners by February 18 to alert them of the recommended fix, according to the safety agency.