Tesla recalls 123,000 Model S sedans

Updated: Jul 24, 2018, 11:56 IST | IANS | San Francisco

The company sent out emails to Model S owners who have cars included in the recall


Tesla has recalled about 123,000 Model S sedans, asking customers with cars built before April 2016 to have their power steering bolts replaced, the media reported.

A Tesla spokesperson on Thursday said the company has observed "excessive corrosion" of the part in some cold climates where a certain type of road salt is used, reports CNN. No injuries or accidents have been reported in connection with the issue.

If the bolts fail, the driver should still be able to control the vehicle. The issue can make the car more difficult to steer at low speeds and to parallel park, and it should "not materially affect control at high speed", the spokesperson added.

The company sent out emails to Model S owners who have cars included in the recall.

The Model S has been lauded for its safety ratings, but news of this recall comes at a rough time for Tesla, reports CNN.

Its stock price has plunged more than 25 per cent over the past month.

Investors are worried about the startup's ability to deliver on its first mass-market car, the Model 3, which has been plagued by manufacturing woes.

Tesla's stock sank nearly 4 per cent during after-hours trading on Thursday after the recall announcement.

Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates

This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever

Sign up for all the latest news, top galleries and trending videos from Mid-day.com


Don't miss the Butterfly festival in Mumbai this weekend!

This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK