• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

2

Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic

3

Ikea’s billionaire founder was so frugal that he bought clothes from flea markets and took free salt and pepper from restaurants

1

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

2

Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic

3

Ikea’s billionaire founder was so frugal that he bought clothes from flea markets and took free salt and pepper from restaurants
Tesla

Tesla will recall all U.S. Model 3 cars made between 2017 and 2020 because of possible camera defects

By
Stefan Nicola
Stefan Nicola
and
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Stefan Nicola
Stefan Nicola
and
Bloomberg
Bloomberg
Down Arrow Button Icon
December 30, 2021, 11:22 AM ET
Add Fortune on Google for similar content.

Tesla Inc. recalled some 475,000 cars in the U.S.—nearly equivalent to its global deliveries last year—because of technical defects that may increase the risk of accidents.

The company plans to recall all Model 3 vehicles made between 2017 and 2020—that’s as many as 356,309 cars. The cable harness for the rear-view camera may be damaged by opening and closing the trunk and prevent the image from displaying, it told the National Highway Traffic Safety Administration.

Tesla is also recalling as many as 119,009 Model S cars assembled from 2014 because of a faulty front-trunk latch that could cause the hood to open unexpectedly, according to a separate NHTSA statement also posted on its website Thursday. The company said it will fix both issues free of charge.

NHTSA said Tesla identified 2,305 warranty claims that may be linked to either of the two glitches but the automaker is not aware of any related crashes, injuries, or deaths. 

Tesla’s shares pared an early drop of as much as 3% to trade down 2.3% to 1,060.88 as of 9:40 a.m. in New York. The stock has gained about 50% this year.

While the scope of the recall is large for Tesla, such callbacks are increasingly routine in the auto industry. In 2020, recalls involved more than 300 auto models and affected almost 28 million vehicles, excluding Takata airbag-related recalls, according to Chicago-based consulting firm Stout.

Tesla’s recalls do not appear to be related to more contentious issues involving regulatory scrutiny of the electric carmaker’s technology. 

NHTSA said earlier this month it’s reviewing a recent software update by Tesla that allows drivers to play video games on a dashboard screen while the vehicle is moving. NHTSA is also in the midst of an investigation into Tesla’s Autopilot system. The probe was launched by U.S. regulators after a dozen collisions at crash scenes involving first-responder vehicles. 

Tesla earlier this year had to make a software fix to more than 285,000 cars in China—most of the vehicles it delivered there in recent years—to address a safety issue identified by the country’s regulator.

Never miss a story: Follow your favorite topics and authors to get a personalized email with the journalism that matters most to you.
About the Authors
By Stefan Nicola
See full bioRight Arrow Button Icon
By Bloomberg
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in

MacBook Neo laptop computers during an Apple event in New York on Wednesday, March 4, 2026. (Photo: Adam Gray/Bloomberg/Getty Images)
NewslettersFortune Tech
Apple loses its iron grip on pricing power
By Andrew NuscaJune 26, 2026
34 minutes ago
Photo: Sam Altman
EconomyMarkets
‘Memory supply crisis’: Wall Street triggers huge selloff in fear of looming chip shortages
By Jim EdwardsJune 26, 2026
52 minutes ago
Two former governors launch a bipartisan coalition to confront the coming AI jobs shock
NewslettersCEO Daily
Two former governors launch a bipartisan coalition to confront the coming AI jobs shock
By Diane BradyJune 26, 2026
1 hour ago
Top CD rates today, June 26, 2026: Lock in up to up to 4.40%
Personal FinanceCertificates of Deposit (CDs)
Top CD rates today, June 26, 2026: Lock in up to up to 4.40%
By Glen Luke FlanaganJune 26, 2026
1 hour ago
Today’s top high-yield savings rates: Up to 5.00% on June 26, 2026
Personal FinanceSavings accounts
Today’s top high-yield savings rates: Up to 5.00% on June 26, 2026
By Glen Luke FlanaganJune 26, 2026
1 hour ago
Singapore grads battle low-paid trainee stigma to get hired
AsiaSingapore
Singapore grads battle low-paid trainee stigma to get hired
By Gabrielle Ng and BloombergJune 26, 2026
2 hours ago

Most Popular

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
Success
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
By Sydney LakeJune 25, 2026
1 day ago
Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic
Success
Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic
By Orianna Rosa RoyleJune 24, 2026
2 days ago
Ikea’s billionaire founder was so frugal that he bought clothes from flea markets and took free salt and pepper from restaurants
Success
Ikea’s billionaire founder was so frugal that he bought clothes from flea markets and took free salt and pepper from restaurants
By Orianna Rosa RoyleJune 25, 2026
1 day ago
Current price of oil as of June 25, 2026
Personal Finance
Current price of oil as of June 25, 2026
By Joseph HostetlerJune 25, 2026
22 hours ago
Current price of silver as of Thursday, June 25, 2026
Personal Finance
Current price of silver as of Thursday, June 25, 2026
By Joseph HostetlerJune 25, 2026
23 hours ago
Trump turns on Big Oil donors who spent nearly $100 million to get him elected—now he wants the DOJ to investigate them for price gouging
Economy
Trump turns on Big Oil donors who spent nearly $100 million to get him elected—now he wants the DOJ to investigate them for price gouging
By Tristan BoveJune 25, 2026
15 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.