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Tesla has come into the spotlight after the U.S. National Highway Traffic Safety Administration (NHTSA) announced it is launching an investigation into 115,000 vehicles at the electric car manufacturer for safety issues.
According to Reuters ’first report, the U.S. agency is investigating the 2015-2017 S and 2016-2017 Model X vehicles after receiving 43 complaints about problems with the left and right front suspension front switches.
| Ticking | Safety | Last | change | % Change |
|---|---|---|---|---|
| TSLA | TESLA INC. | 597.50 | +23.50 | + 4.09% |
“The front switches on the front suspension can fail at the articulated ball joint ring, which can result in contact between the tire and the wheel insert,” NHTSA wrote in its investigation.
TESLA RECALLS 9500 MULTI-MODEL J VEHICLES
Of the 43 complaints, 32 occurred during a “low-speed parking maneuver” and 11 while driving, including four at “highway speeds.”
“Complaints appear to be on the rise, with 34 complaints received in the last two years and three of the highway speed incidents reported in the last three months,” NHTSA added in its report, identifying eight additional potential complaints in the first front-end. linked to a link failure.
NHTSA noted that Tesla issued a service announcement on 10 February 2017.
Tesla has not yet responded to FOX Business’s comments.
TESLA JOINS THE S&P 500
Shares of Tesla rose 0.6% to $ 577.50 in early Friday trading and rose before the company was admitted to the S&P 500 in December.
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The news comes a few days after the Tesla recalled a 9500 X and Y model vehicle due to faulty car parts.
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FOX Business Daniella Genovese contributed to this story.
