Sony Forecasts Lower 2027 Profit Despite Strong Music and Sensor Growth 
US Auto Industry Urges Trump to Block Chinese EV Market Access 
Hantavirus Cruise Ship Outbreak Triggers Global Health Alert 
Malaysia Unveils Energy Security Plan Amid Iran Conflict and Rising Oil Costs 
S&P 500, Nasdaq Hit Record Highs as AI Stocks Rally and Strong Jobs Data Boost Confidence 
Trump to Visit China for Key U.S.-China Summit With Xi Jinping 
Coinbase Q1 2026 Earnings Miss Sends COIN Stock Lower Amid Crypto Market Slump 
AWS Data Center Overheating Disrupts Cloud Services in Northern Virginia 
Arm Stock Drops Despite Strong AI Chip Demand and Earnings Beat 
TikTok Nears $400 Million Settlement With Trump Administration Over Child Privacy Lawsuit 
Goldman Sachs Delays Fed Rate Cut Forecast to 2026 Amid Rising Inflation Concerns 
China Car Sales Drop Again as EV Export Growth Surges in April 
Trump Invites Top CEOs Including Nvidia, Apple, Boeing to China Summit With Xi Jinping 
Asian Currencies Slide as Iran Tensions Boost Dollar and Oil Prices 
Oil Prices Rise Amid Strait of Hormuz Tensions and U.S.-Iran Ceasefire Uncertainty 
Nike Tariff Refund Lawsuit Sparks Consumer Backlash Over Price Increases 
Morgan Stanley Bets on Optical Component Stocks in Greater China Tech Sector 
Tesla is recalling around 475,000 electric vehicles and cited technical issues that may increase the risk of road accidents. It was reported that there are separate recalls for the Tesla Model 3 and Model S and they have different problems.
According to CNN Business, a certain batch of Tesla Model 3 was recalled due to rearview camera while the Model S has issues with the frunk and latches. The number of recalls is said to be almost as many as the company's total global deliveries last year that is only less than 500,000.
The Tesla recall notices that were filed with the U.S. National Highway Traffic Safety Administration were both voluntary. The company already informed its stores and service centers about the recalls last week.
The affected Tesla Model 3 cars are those that were manufactured between 2017 and 2020, and these may reach a total of 356,309 EVs. The rearview camera feed may be blocked in these vehicles because of a cable that may separate over time due to wear and tear.
As for the Model S units made between 2014 to 2021, 119,009 vehicles are part of the recall as the latch in the frunk may have been fitted improperly. The misalignment may prevent the secondary hood latch from engaging and this may result in sudden opening of the hood. Tesla was said to have started checking the frunk issue earlier this year when it opened without warning while the Model S was being driven.
The electric vehicle maker also started probing the rearview camera issue in Model 3 in June 2021 after Tesla observed a "potential trend" in wiring harness consumption at its service centers.
"Unavailability of the rearview camera display may affect the driver's rearview and increase the risk of a collision," part of the recall statement reads as posted on Fox Business. "If there is a loss of rearview camera display, the driver can continue to operate the vehicle by performing a shoulder check and using their mirrors when backing."
Tesla owners of the affected car models can expect to get a recall letter from the company on Fed. 18, 2022. Instructions on how to fix the issue and other details will be provided in the notice. Finally, the electric carmaker is not aware of any crashes, injuries or deaths related to the recalls.
