According to foreign media reports, Tesla is facing a new round of review from the NHTSA (National Highway Traffic Safety Administration) regarding the front and rear suspension issues of Model X and Model S produced between 2015 and 2017. The investigation began with Tesla’s recall in the Chinese market.
Earlier this month, Tesla recalled nearly 30,000 Model S and Model X in the Chinese market due to the potential fracture of vehicle suspension when impacted, which may affect vehicle control and cause safety accidents. However, Tesla claims that there are no hidden dangers and no recall is necessary.
Tesla stated that the front and rear suspensions used in the Model S and Model X in the Chinese market are the same as those used in the vehicles produced in the United States. In the Chinese market, the failure rate of suspension quality issues is 0.1%, while the global average failure rate is 0.05%. Tesla believes that the higher failure rate in the Chinese market is due to excessive use by car owners, such as impact with roadside curbs or potholes.
Currently, NHTSA is also conducting a preliminary evaluation of suspension issues, which may involve 114,761 Model S and Model X produced in the United States between 2015 and 2017.
Despite the above-mentioned review and recall controversies, Tesla’s market value has just surpassed Berkshire Hathaway, Inc. of Warren Buffet, becoming the sixth most valuable company in the US stock market.
Since announcing its inclusion in the S&P 500 index, Tesla’s market value has increased by $168 billion, exceeding the total market value of Toyota, Ford, and General Motors.🔗Information source: Electrek, cleantechnica, Electrek
This article is a translation by ChatGPT of a Chinese report from 42HOW. If you have any questions about it, please email bd@42how.com.