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Ralph Nader Fast Facts - ABC17NEWS
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Watchdog urges Tesla to recall 158,000 Model S, X cars to fix knackered NAND flash that borks safety features
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Shares of Tesla (NASDAQ: TSLA) are trading 1.2% lower today after the National Highway Traffic Safety Administration (NHTSA) issued a letter asking Tesla to recall around 158,000 vehicles due to safety concerns. Fundamental analysis: Safety issued determined After an investigation that took months to complete, the regulator determined that the faulty media control unit (MCU) presents a safety concern. The Administration noted that a faulty MCU has an impact on the backup camera and defogging and defrosting setting units. “As discussed more fully below, ODI has tentatively concluded that the failure of the media control unit (MCU) constitutes a defect