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Tesla Faces Renewed Troubles: 3,878 Cybertrucks Recalled from Market Due to Serious Issue

Stephen S. by Stephen S.
24.04.2024
in Business, Companies, Insights, News
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Tesla is recalling 3,878 Cybertrucks to address an issue with the accelerator pedal, as noted by the National Highway Traffic Safety Administration (NHTSA) today.

The market recall comes after WSJ reported this week that buyers had stated that the automaker delayed scheduled delivery dates for the stainless steel truck without giving a reason.

According to the economic outlet, the federal safety regulator has said that “the Cybertruck accelerator pedal pad could detach and become trapped, causing the vehicle to unintentionally accelerate and increasing the risk of an accident.”

Faced with this serious situation, the NHTSA has confirmed that Elon Musk’s company will need to replace or repair the accelerator pedal assembly for free on some recently sold Cybertrucks.

“No injuries or accidents were caused by this. We are simply being very cautious,” said Tesla’s CEO, Elon Musk, in a tweet earlier this week, referring to the Cybertruck. Earlier this week, the NHTSA stated it was aware of an issue affecting the Cybertruck and was in contact with Tesla to gather additional information.

Tesla’s other issues

The market recall is the latest problem for the world’s most valuable automaker, which is facing weakening demand for its vehicle fleet, as explained by WSJ. The Cybertruck, Tesla’s newest electric off-road vehicle, which hit the market in November, is “unlikely to generate significant cash flow before the end of the year”, as Musk himself warned.

At the same time, Tesla’s shares have fallen 40% this year through Thursday’s close, according to WSJ. Additionally, the company announced this week that it was laying off more than 10% of its global workforce. Two of Musk’s top deputies also stated they would be leaving Tesla.

Earlier this year, Tesla issued a separate recall for the 2024 Cybertruck and other Tesla models. The NHTSA stated that when the vehicles turned on the warning lights, the font size was small and difficult to read, increasing the risk of an accident. Market recalls are often resolved through software updates, the outlet concludes.

Tags: BusinessCybertrucksEntrepreneurshipTechTesla
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