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Highlights:
- Tesla has recalled over 27,000 Cybertrucks in the US due to a rear-view camera delay, which will be fixed via a software update.
- The recall is the largest related to the Cybertruck, following smaller recalls for other issues earlier this year.
- Tesla’s shares fell by 1.9% in pre-market trading after the recall announcement.
Tesla Inc (NASDAQ:TSLA) has announced a recall of more than 27,000 of its Cybertrucks in the US due to an issue with the rear-view camera system. The electric vehicle manufacturer said the issue, which causes a delay in the display of rear-view images when reversing, will be resolved through a software update. This is the largest recall related to Tesla's highly anticipated Cybertruck, which was launched in November following multiple delays.
Rear-View Camera Malfunction Prompts Recall
The recall stems from a malfunction discovered in the Cybertruck’s rear-view camera system. The issue causes a delay of up to eight seconds in displaying images on the truck’s screen when the vehicle is shifted into reverse. This delay could increase the risk of collisions as drivers may not have a clear view of their surroundings when reversing. Tesla confirmed that the problem will be rectified via an over-the-air software update, minimizing the need for physical repairs.
Largest Recall for Cybertruck to Date
This recall is the biggest one related to the Cybertruck since its release. Tesla had previously issued smaller recalls in April and June, addressing issues with the accelerator pedal and windshield wipers, respectively. The Cybertruck, which has faced multiple delays since its announcement, was finally rolled out in November after a two-year wait. Despite the challenges, the vehicle has generated significant attention, especially in the US market.
Tesla Shares Respond to News
Tesla’s announcement of the recall led to a 1.9% drop in the company’s shares during pre-market trading. While Tesla has faced various recalls across its range of vehicles in the past, the magnitude of this recall, along with the vehicle’s high profile, has drawn significant attention. Despite the setback, Tesla’s ability to address the issue through a software update highlights its focus on leveraging technology to quickly resolve problems.
