Citi Forecasts a Volatile but Ongoing Bull Market for S&P 500 in 2026 
U.S. Moves to Expand Chevron License and Control Venezuelan Oil Sales 
U.S. Dollar Slides Toward Biggest Annual Loss Since 2017 as 2026 Risks Loom 
Boeing Reaches Tentative Settlement With Canadian Victim’s Family in 737 MAX Crash Lawsuits 
U.S. Stock Futures Slip as Year-End Trading Turns Cautious 
Elon Musk Seeks $134 Billion in Lawsuit Against OpenAI and Microsoft Over Alleged Wrongful Gains 
U.S. Dollar Starts 2026 Weak as Yen, Euro and Sterling Hold Firm Amid Rate Cut Expectations 
Singapore GDP Growth Surges in 2025 but Outlook Remains Cautious Amid Global Trade Risks 
Sanofi Gains China Approval for Myqorzo and Redemplo, Strengthening Rare Disease Portfolio 
Gold Prices Rebound in Europe as Geopolitical Tensions and Fed Outlook Support Bullion 
Asian Markets End Year on AI Optimism as Precious Metals and Currencies Shine 
Oil Prices Slip Slightly as Markets Weigh Geopolitical Risks and Supply Glut Concerns 
Toyota Industries Buyout Faces Resistance as Elliott Rejects Higher Offer 
South Korean Won Slides Despite Government Efforts to Stabilize Currency Markets 
Asian Markets Slip as Precious Metals Cool, Geopolitical Tensions Weigh on Sentiment 
South Korea Factory Output Misses Forecasts in November Amid Ongoing Economic Uncertainty 
Tesla Inc. issued another recall for some of its vehicle models, citing a software error that may cause windshield defrosting problems. Elon Musk’s company recalls 26,681 cars in the United States, and this was also announced by the National Highway Traffic Safety Administration (NHTSA) on Wednesday, Feb. 9.
According to Reuters, Tesla explained that the error in the software may stir up a valve in the heat pump and cause it to inadvertently open and shut in the refrigerant inside the evaporator.
As a result, the cabin heating systems may not be able to work and fail in defrosting the windshield fast enough. This will increase the risk of a crash since visibility while driving would be affected.
The latest Tesla recall affects the Model 3 from 2021 to 2022, Model Y from 2020 to 2022, Model X, and Model S vehicles. Based on the report, They are being called back for repairs as they may not conform with a federal motor vehicle safety standard.
As of the moment, Tesla stated there is no report yet or it is not aware of any injuries or crash incidents related to its vehicles with the mentioned windshield issue. The electric vehicle maker and the NHTSA released a recall notice when the company received several complaints from car owners in December of last year. They are complaining about the loss of heating performance when driving in extremely cold weather.
This announcement is the latest recall from Tesla as it has been issuing a string of recall notices in recent months. In fact, just last month, the Austin, Texas, headquartered vehicle manufacturer released a new software update to fix some problems. The update was also done as a precautionary measure.
It also recalled over 130,000 units due to touchscreen displays that may not work properly. The NHTSA said the device’s failures could lead to serious safety issues thus it urged Tesla to call back the affected cars to fix the issue.
Meanwhile, the Associated Press reported that based on the notes that were posted on Wednesday, Feb. 9, Tesla will be sending out an online software update so the heat pumps problem will be resolved. It was added that Tesla outlets and service centers were already notified of the recall as early as Feb. 4.
