Home » Business » New problems for Tesla in its ‘growing’ market: More than 435,000 cars have a problem that can lead to collisions

New problems for Tesla in its ‘growing’ market: More than 435,000 cars have a problem that can lead to collisions

Elon Musk’s Tesla will release a software update to more than 435,000 of its electric cars in China to fix a problem that in extreme circumstances can lead to a collision, reports Reuters.

Elon Musk in a Tesla carPhoto: MEGA / The Mega Agency / Profimedia

While the update will be “over-the-air” that can be installed remotely, it is technically considered a recall by automotive industry regulators.

The measure will affect 142,277 Tesla Model 3s and 292,855 Model Ys, according to China’s state administration for market regulation.

The new headache for Tesla comes after Tesla also recalled 80,000 Model S, Model X and Model 3 cars in China last week over software and seatbelt issues.

On November 20, Tesla recalled e 321,000 of its vehicles in the United States due to problems with the rear lights. Days earlier, Tesla recalled nearly 30,000 other Model X cars in the United States due to an issue that could cause the front passenger airbag to deploy incorrectly.

Back in China, Tesla had recalled 200,000 of its cars from this country and in December from last year due to possible defects in the trunk.

Good and bad news for Tesla

The good news for the Elon Musk-led automaker is that between November 1 of this year and November 27, its sales in China nearly doubled compared to the same period last year.

The sales surge came after Tesla lowered the prices of its Model 3 and Model Y cars, offering further incentives to potential buyers in its “growing” market.

Tesla sold 83,135 units in China in September, an all-time record for the company.

The bad news for the Elon Musk-led automaker is that investors seemed more concerned about recalls and other systemic problems facing the company and the US economy as a whole, with sales growth in China not stalling. the spectacular decline of Tesla on the stock market.

A report released the other day by Morgan Stanley, a major Wall Street bank, attribute in part the automaker’s problems and the very public protests Elon Musk engaged in after buying Twitter.

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