Tesla has announced a recall of 46,096 Cybertruck vehicles in the United States. This recall is prompted by concerns over the cant rail, a stainless-steel exterior trim panel, which may delaminate and detach from the vehicle while driving. The defect could pose a road hazard and increase the risk of accidents, according to the U.S. National Highway Traffic Safety Administration (NHTSA).
Details of the Recall
- The recall affects Cybertruck vehicles in the United States.
- The issue is related to the cant rail, a stainless-steel exterior trim panel, which may delaminate and detach from the vehicle while driving.
- Tesla’s service centers will replace the rail assembly at no cost to the vehicle owners.
- This recall is part of a series of callbacks for the Cybertruck since last year.
Impact on Tesla’s Stock
The shares of the electric vehicle manufacturer were down by nearly 2% in premarket trading on the day of the recall announcement.
Tesla’s Recall History
- Tesla accounted for 21% of all U.S. vehicle recalls in the first three quarters of 2024, according to a recall management firm.
- Many of Tesla’s vehicle issues are typically resolved with over-the-air software updates.
- This recall is the latest in a series of issues plaguing the Cybertruck, including:
- Reports of metal panels detaching, particularly in cold weather, due to adhesive failures.
- A recall in October 2024 due to a delay in the rearview camera image, which did not comply with federal safety standards.
- A recall in November 2024, involving over 2,400 Cybertrucks due to potential loss of drive power.
- A recall in June 2024, involving over 11,000 Cybertrucks over concerns that the sail applique could detach, posing a risk to other drivers.
Tesla’s Ratings
- Tesla holds a momentum rating of 81.80% and a growth rating of 55.07%.
- The growth rating evaluates a stock’s historical earnings and revenue expansion across multiple timeframes, prioritizing both long-term trends and recent performance.
Conclusion
The recall of 46,000 Cybertrucks is a significant issue for Tesla, highlighting the need for the company to address safety concerns and improve the quality of its vehicles. As the electric vehicle market continues to evolve, Tesla must prioritize the safety and satisfaction of its customers to maintain its position as a leader in the industry.