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According to the National Highway Traffic Safety Administration (NHTSA) website, Tesla will recall some Model 3 cars manufactured in 2019-2021 and some Model Y vehicles manufactured in 2020-2021 to tighten or replace fasteners connecting the front suspension to the subframe.

It is understood that the recall involves part of the Model 3 produced from 2019 to 2021 and part of the Model Y vehicles produced from 2020 to 2021, totaling 2791 vehicles, due to the fact that the fasteners connecting the front suspension and subframe are not fixed in accordance with the correct specifications, there may be hidden dangers of loosening, and in extreme cases, there are safety risks.

It is understood that the lateral connecting rod represents the overall control of the steering system on the vehicle. Once the steering system is loose, broken or even lost, the overall stability and control of the vehicle will be greatly affected. And if the long-term loosening is ignored, it will also lead to a series of problems such as tire side wear and direction deviation, as well as different noises. In response to the above failures, Tesla said that Tesla will tighten or replace the lateral fasteners for the recalled vehicles. However, Tesla stressed that not all recalled vehicles will have firmware loosening problems, but maintenance must be done.

It should be noted that the recall is only for the United States market, domestic sales of Model 3 and Model Y are domestic, so the recall does not have much to do with domestic models on sale.

As a star company in the new energy vehicle market, although it has a lot of controversy in the global market, its market capitalization continues to rise. As of October 29th, Tesla's total market capitalization had reached 1.082 trillion US dollars, while CEO Musk's fortune soared, making him the richest man in the world.

Musk had previously retweeted that Tesla's market capitalization had exceeded that of 11 traditional auto giants, including Volkswagen, General Motors, Ford and Honda combined. However, whether Tesla's current market performance can support such a high market capitalization is still worth discussing. From the perspective of new energy vehicles, Tesla does occupy a large number of market share, but from the perspective of the whole automobile industry, Tesla is far inferior to other car companies. Of course, when new energy vehicles become the direction of the future, Tesla will undoubtedly become the goal of many traditional car companies to transform and develop electric vehicles. Previously, Volkswagen CEO Dis has said that Volkswagen needs to further cut costs in order to catch up with Tesla's development and improve its competitiveness.

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