Recall of 137 Tesla Model Ys over issue with steering wheel fastener

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Tesla manufactured the recalled Model Ys between June 2022 and May 2023

Headed into Tesla's 2023 investor meeting, shares are down about 4% over the past two weeks. Still, shares are up about 63% year to date.

Nearly 140 of Tesla’s electric Model Y vehicles could potentially have an issue with the fastener for the steering wheel, leading toIn a notice published on the National Highway Traffic Safety Administration’s website, it said 137 2022-2023 Model Ys may possibly have a "loose" fastener that could cause disconnection of the steering wheel from its column.

LOS ANGELES, CA - APRIL 10: A Tesla corporate logo hangs on the front of their store in Santa Monica on April 10, 2023, in Los Angeles, California.submitted the recall to the NHTSA last week. FOX Business reached out for comment but did not receive a response by press time. The fastener issue stemmed from some Model Ys potentially having "incorrectly received a complete torque record because of a torque action in the preceding station" in the production process, according to the recall report.

 

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