Investing.com - Financial Markets Worldwide
Get 40% Off
Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Tesla to issue software updates for 435,000 cars in China over marker light issue

Published 12/01/2022, 02:28 AM
Updated 12/01/2022, 11:51 AM
© Reuters. FILE PHOTO: Tesla China-made Model 3 vehicles are seen during a delivery event at its factory in Shanghai, China January 7, 2020. REUTERS/Aly Song/File Photo

SHANGHAI (Reuters) -Tesla Inc will issue software updates for more than 435,000 vehicles in China to fix an issue with side marker lights that could in extreme circumstances lead to a collision, a regulatory body said.

The fix, which counts as a recall, will be issued by an over-the-air update.

It covers 142,277 Model 3 cars and 292,855 Model Ys, according to a statement by the State Administration for Market Regulation.

© Reuters. FILE PHOTO: Tesla China-made Model 3 vehicles are seen during a delivery event at its factory in Shanghai, China January 7, 2020. REUTERS/Aly Song/File Photo

The electric vehicle giant also recalled more than 80,000 Model S, Model X and Model 3 cars last week in China for software and seat belt issues.

Separately, Tesla (NASDAQ:TSLA)'s retail sales in China nearly doubled in the Nov. 1 to Nov. 27 period from a year earlier, brokerage data showed, after the company cut prices for the Model 3 and Model Y and offered incentives.

Latest comments

It's a mystery why is this news worthy? Really useless piece of non news. Yeah Tesla routinely Tweeks the performance of their cars with over the air updates, big deal!
These fixes aren’t “Recalls”! Please stop using that word…The proper term should be called updates and its a simple software that you download via wifi connection and install, just like app updates on your phone…Do you call iphone software updates, recalls?
Testla will drag the market down tomorrow lol
Are smartphones dragging the market down? Tens of millions of updates... per day...!
Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.