Two weeks ago, a passenger in a European Tesla Model S turned around to speak to occupants in the back seat when the outboard lap pretensioner came loose. The culprit? A loose bolt holding together a pair of anchor plates that keep the pretensioner in place. The result? A recall of every Model S that Tesla has sold.
-Depending on how one looks at it, it’s either worrisome or brilliant. Tesla service centers will have to check roughly 90,000 vehicles for something that should be a quick fix requiring no new parts. The company claims that the part was “incorrectly assembled,” suggesting an issue on the line rather than a design flaw with the belt system itself. In that light, the recall can be seen as a customer-welfare check, a sign that the company takes safety seriously and won’t wait around for a NHTSA mandate. On the other hand, recalling the vast majority of vehicles you’ve ever made could be viewed as an admission of a larger problem.
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Whatever the case, Wall Street seems to have been at least temporarily spooked by the action. The company’s shares, which closed at $221.80 yesterday, slid to $215.79 but rebounded late in the day to close at $220.58.
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