Tesla recalls over 239,000 cars due to backup camera fault
Tesla, led by Elon Musk, has announced a voluntary recall of over 239,000 of its electric cars for safety reasons. The recall involves Model 3 vehicles manufactured in 2024 and 2025, as well as Models S, X, and Y from 2023 to 2025.
The reason for the recall is a software issue that may cause the backup cameras in these vehicles to fail. A small percentage of the recalled cars also have a problem with a short circuit in the computers, which increases the risk of a collision.
Software issues. Tesla recalls cars
Tesla initiated the recall after identifying the problem on 21 November, when there was an increase in the number of car computer replacements due to short circuits.
The UPI agency reported that Tesla engineers conducted an investigation into the malfunction from 26 November to 20 December. During the analysis, it was found that, among other things, low battery power supply voltage combined with software malfunctions in the recalled vehicles and lower outside temperatures caused an increase in the secondary current voltage. This phenomenon, known as inductive voltage, led to short circuits in affected components.
So far, this issue has resulted in 887 warranty claims and 68 reports. According to Tesla, they have not received any reports of collisions, injuries, or fatalities related to these issues.
On 18 December, the company implemented a software update that was distributed over the air to the recalled vehicles. Their owners do not incur any additional costs. According to Tesla, the short circuit problem should be resolved without the need for further action.
Tesla's stock performance
Earlier this year, after announcing the delivery results for the fourth quarter of 2024, Tesla's stock price fell by over 5 per cent. This marked the first annual downturn in the company's history. The incident involving one of the company's vehicles could have also influenced the stock performance.
It's worth noting that one person died as a result of a Tesla Cybertruck explosion near the Trump hotel in Las Vegas. Seven people were injured. Tesla CEO Elon Musk stated that the explosion was caused by fireworks or a bomb transported in the boot of the rented Cybertruck.
According to investment platform data, Tesla's shares rose by 54 per cent over the year. However, there has been a noticeable correction recently, with the stock price dropping from about $480 to $383 (£393 to £313) per share (as per current exchange rates).
CBC analysts note that Tesla, which once almost single-handedly dominated the electric vehicle market, is now facing significant competition, especially from Hyundai and China's BYD.
