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Tesla's Self-initiated Recall Fixed by OTA software update Put safety first 👍🏻

$Tesla(TSLA.US)$ $BYD COMPANY(01211.HK)$ $NIO Inc(NIO.US)$ $XPeng(XPEV.US)$ The article reported that Tesla has initiated a recall for 2012-2024 Model S, 2015-2024 Model X, 2017-2023 Model 3, and 2020-2023 Model Y units over potential issues with the vehicles’ seat belt warning system. The issue would be fixed through an over-the-air (OTA) software update. Here is the timeline:
April 18: Tesla identified the issue as part of the company’s internal compliance audit.
April 22 to May 14: Tesla proceeded to investigate the condition.
May 14 to May 20: As part of the company’s ongoing investigation, Tesla developed and ran fleet query analytics to identify how many affected vehicles may be operating with the seat belt warning system issue.
May 20: Tesla opted to initiate a recall
My Take: This is only an OTA software update and self-initiated by Tesla but some media (and someone) chose a negative biased headline to report the incident. Someone is also using this incident to attack Tesla FSD/Autopilot issue which is totally irrelevant. If you feel bored about the article shared, I am just reporting the important details to rebut the FUD comments. Personally I am impressed with the efficiency of Tesla's safety and internal audit team - put safety as their first priority. For the record, there's no impact on the share price (and to other car makers ).
Tesla's Self-initiated Recall Fixed by OTA software update Put safety first 👍🏻
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I reflected trading experiences by writing journals. My comments are for educational purposes not financial advice.
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