SMIC Shares Rally as Q2 Profit Surges 262% on Strong Chip Demand 
Canada-US Trade Talks Gain Momentum Ahead of Aug. 19 Tariff Deadline 
Anthropic Eyes $6B Decart AI Acquisition Ahead of Mega IPO 
US Dollar Slips as Softer PPI Data Eases Fed Rate Hike Expectations 
Gold Prices Slip From Two-Month High as Inflation and Fed Outlook Drive Markets 
UK Economy Posts Surprise June Growth as World Cup and Hot Weather Lift Activity 
Japan Government Backs Earlier BOJ Rate Hike as Inflation Pressures Build 
European Stocks Steady as U.S.-Iran War, Euro Zone Data Keep Investors Cautious 
France Inflation Rises 2.4% in July as Consumer Prices Increase 
Gold Prices Rise as Weak US Retail Sales Cut Fed Rate Hike Bets 
Gold Prices Retreat From Two-Month High as Softer Inflation Eases Fed Rate Hike Bets 
China Automakers Accelerate Global Expansion as Domestic Car Sales Slump 
European Stocks Rise as U.S. Inflation Data Eases Fed Rate Hike Fears 
Pandora Shares Rise as Q2 Results Beat Forecasts, 2026 Outlook Raised 
Trump Imposes New Tariffs on Drone Imports Over US Security Concerns 
Alphabet Shifts AI Strategy Toward Commercial Growth, Goldman Sachs Says 
Add as a preferred source on Google
Tesla is recalling about 362,758 vehicle units because the Full Self-Driving Beta software or FSD may cause a collision. This is a voluntary move taken by the electric vehicle maker to avoid any accidents.
Tesla’s FSD Beta is an experimental driver-assistance software and some units in the United States are already equipped with this feature. The recall was announced on Thursday, Feb. 16. To fix the issue, the company said it will release an over-the-air software update for the affected EVs.
As per CNBC, the U.S. National Highway Traffic Safety Administration stated in its own recall notice that Tesla’s FSD Beta system may spark off crashes on the road by letting the vehicles “Act unsafe around intersections, such as travelling straight through an intersection while in a turn-only lane, entering a stop sign-controlled intersection without coming to a complete stop, or proceeding into an intersection during a steady yellow traffic signal without due caution.”
Moreover, the safety and traffic agency said the Full Self Driving Beta system may also have difficulties with responding accordingly or based on the “changes in posted speed limits.”
As posted on NHTSA’s recall notice, the affected Tesla units include certain 2016-2023 Model S and Model X, 2017-2023 Model 3 vehicles, and Model Y from 2020 to 2023 model years. All of these were fitted with the FSD Beta but some units with pending installation are also included in the recall.
For the solution, the over-the-air (OTA) software update will be given to drivers of the affected EVs for free. Owners will also be notified of the recall through the mail which is expected to be sent out by April 15, 2023.
To learn more about the issue, drivers may also directly reach out to Tesla via its customer service at 1-877-798-3752 or the NHTSA hotline at 1-888-327-4236. Finally, this latest Tesla recall can be identified through its number: SB-23-00-001.
Photo by: David von Diemar/Unsplash
