TESLA Motors

NHTSA investigating Model 3 Teslas’ emergency door release

Dec. 24 (UPI) — The National Highway Traffic Safety Administration opened an investigation into Tesla Model 3 sedans, which might have a deadly flaw in the emergency door release mechanism.

The NHTSA investigation covers about 180,000 Model 3 sedans and is in reaction to recent media reports and a defect petition that suggest the occupants of the Tesla sedans and first responders had trouble using the emergency door release mechanisms after a crash, Electrek reported.

The NHTSA Office of Defects Investigation’s probe into the matter applies to the 2022 model year Tesla Model 3 sedans and their electronic door handles.

“The petition cites that the mechanical door release is hidden, unlabeled and not intuitive to locate during an emergency,” the ODI said.

The problem might have contributed to several deaths in fatal crashes, according to media reports.

The front manual emergency door release latch is located ahead of the window switches, which many passengers accidentally pull instead of using the door-opening button, which could damage the door window.

The rear doors are more complicated to open, which makes it important for Model 3 owners to learn how to use the emergency door mechanisms and to explain how to their passengers.

Instructions are included in the owner’s manual. A Tesla dealership can show owners how to use the mechanisms and afterward show their passengers how to use them in an emergency and to prevent damaging windows via accidental deployments.

Those who are unsure of whether their Tesla Model 3 sedan is subject to the investigation can do a search on the NHTSA recall page by entering their respective state and license plate number or the vehicle identification number or year, make and model.

The results will reveal if the vehicle is subject to a recall in this matter or any other.

Former President Joe Biden presents the Presidential Citizens Medal to Liz Cheney during a ceremony in the East Room of the White House in Washington, on January 2, 2025. The Presidential Citizens Medal is bestowed to individuals who have performed exemplary deeds or services. Photo by Will Oliver/UPI | License Photo

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Tesla shares close at record high $489.88

Dec. 16 (UPI) — Tesla shares closed at a record-high $489.88 on Tuesday, days after CEO Elon Musk announced the company had been testing driverless vehicles in Texas.

Shares rose 3.1% for the day and were up 21% for the year, CNBC reported. This came after Tesla’s worst quarter since 2022 when it dropped 36% in the first quarter of this year.

Techstock² reported that in addition to the roboatxi announcement, Tesla saw a boost on the stock market in response to a fresh round of filings with the Securities Exchange Commission.

The filings showed that WT Wealth Management increased its Tesla stake by 178.7%, Carter Financial Group opened a new Tesla position, Orion Portfolion solutions increased its holdings of Tesla by 14.8%, National Wealth Management Group increased its stake by 26.3% and Momentum Wealth Planning purchased a new stake of 9,802 shares worth about $3.11 million.

Tesla also invested $1.2 billion in a battery cell plant in Berlin.

With Tuesday’s bounce, Tesla’s market cap reached $1.63 trillion, making it the seventh-most valuable company in trading behind Nvidia, Apple, Alphabet, Microsoft, Amazon and Meta, CNBC reported.

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