Editorial & Advertiser disclosure

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Finance

Posted By Reuters

Posted on January 10, 2025

Tesla recalls about 239,000 vehicles over rear-view camera issue

(Reuters) -Tesla said on Friday it was recalling about 239,000 vehicles over an issue that could cause the rear-view camera to not display an image, but it could be resolved by an over-the-air software update.

The development comes days after the National Highway Traffic Safety Administration opened a probe into 2.6 million Tesla vehicles in the U.S. over reports of crashes involving a feature that allows users to move their cars remotely.

In a small number of affected vehicles, a reverse current may occur during power-up, potentially causing a short circuit on the car's computer board, which could result in the rear-view camera becoming inoperative, the automaker said.

The issue affects 2024-25 Model 3 and Model S vehicles and 2023-25 Model X and Model Y, it said, adding Tesla will identify and replace, free of charge, any computer boards that have failed or show signs of potential failure due to the issue.

Tesla had the most number of recalls in the U.S. with 5.1 million vehicles affected, but all issues can be addressed through a software update, recall management firm Bizzycar said in a report.

Advanced vehicle technologies led to a spike in electrical system recalls last year, affecting 6.3 million vehicles in 2024, according to the report.

(Reporting by Akash Sriram in Bengaluru; Editing by Arun Koyyur)

Recommended for you

  • Factbox-European companies cut jobs as economy sputters

  • New US sanctions on Russian tankers to hit oil supplies to India, refining sources say

  • Amundi buys UK gilts during sell-off, sees spending cuts ahead