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Tesla probed for potentially faulty door handles
TechCrunch· 2025-09-16 14:48
Core Viewpoint - The National Highway Traffic Safety Administration (NHTSA) has initiated an investigation into Tesla Model Y SUVs due to reports of inoperable door handles, particularly affecting parents trying to access rear doors to retrieve children [1][2]. Group 1: Investigation Details - The NHTSA's Office of Defects Investigation (ODI) received nine reports from Tesla owners regarding the inability to enter their vehicles, with four instances requiring owners to break a window to regain access [1][2]. - Preliminary findings suggest that the door handles may fail to operate if the electronic locks do not receive sufficient voltage from the vehicle's battery system, although no owners reported low-voltage battery warnings [3]. Group 2: Safety Features and Owner Awareness - Tesla vehicles are equipped with manual door releases located inside the car, which may be difficult for children to access, and some owners may not be aware of their existence [4]. - Restoring power to the electronic door locks is possible according to Tesla's owner manuals, but it involves a multi-step process requiring an external power source [4].
Tesla stock continues to surge on Tuesday as Musk signals renewed focus
Invezz· 2025-09-16 14:38
Tesla stock opened higher on Tuesday, looking set to extend its winning streak to a sixth consecutive session. ...
15 Stocks ChatGPT Predicts Could Make You Wealthy in 5 Years
Insider Monkey· 2025-09-16 14:25
This article looks at the 15 Stocks ChatGPT Predicts Could Make You Wealthy in 5 Years.Over the last few years, an increasing number of investors have leveraged ChatGPT for stock suggestions. A 2023 survey revealed that about 53% of Millennials and half of Gen Z respondents had used the AI chatbot for investing advice. However, the figure was much lower for older Americans, with only 25% of the Baby Boomers saying they had used ChatGPT to buy stocks.While most financial experts question the reliability of C ...
What's Driving Tesla Stock's Surge?
Forbes· 2025-09-16 14:00
Core Insights - Tesla's stock has experienced a five-day winning streak, resulting in an 18% total return during this period, largely driven by CEO Elon Musk's purchase of approximately 2.6 million shares valued at around $1 billion, marking his first open market purchase in nearly five years [1][4] - The company's market capitalization has increased by approximately $243 billion over the past five days, reaching around $1.3 trillion, with the stock currently 1.5% higher than its value at the end of 2024 [4] - Tesla's future growth is anticipated to be driven by advancements in AI, autonomous driving, robotaxis, and humanoid robots [1] Financial Performance - Tesla's stock performance is compared to the S&P 500, with a year-to-date return of 12.5% for the index, highlighting the relative strength of Tesla's recent gains [4][6] - The current momentum in Tesla's stock may indicate increasing investor confidence, which could lead to further buying activity [6] Market Context - Among S&P 500 constituents, 41 are experiencing three or more consecutive days of gains, while 26 are facing three or more days of losses, indicating a mixed market environment [7] - The Trefis High Quality (HQ) Portfolio, which includes 30 stocks, has historically outperformed benchmarks like the S&P 500, suggesting that investing in a diversified portfolio may offer lower risk and superior returns compared to individual stocks like Tesla [8]
Tesla under scrutiny: US auto safety agency investigates Elon Musk-owned company; here’s why
MINT· 2025-09-16 13:30
Group 1: Tesla's Safety Probe - Tesla Inc. is under investigation by US auto safety regulators regarding issues with door handles on certain Model Y vehicles that may trap occupants during emergencies [1][3] - The National Highway Traffic Safety Administration (NHTSA) has initiated a preliminary evaluation focusing on the electronic door locks of specific Model Y vehicles from the 2021 model year [3][4] - A Bloomberg investigation highlighted incidents where passengers were injured or died due to being unable to open doors when power was lost, particularly after crashes [2][5] Group 2: Defect Complaints - Since 2018, over 140 defect complaints related to Tesla's door handles have been recorded in the NHTSA database, including cases of young children being trapped inside vehicles [6] Group 3: Tesla's Expansion in India - Tesla officially entered the Indian market on July 15, 2025, launching its first store in Mumbai's Bandra Kurla Complex [7] - The company plans to start selling its Model Y SUVs in India, with intentions to expand its offerings as sales grow [7]
Even a Tesla Model Y safety probe can't stop the stock's rally
MarketWatch· 2025-09-16 13:13
Core Insights - Tesla's stock is experiencing a positive trend, marking its sixth consecutive day of gains, indicating improving investor sentiment [1] - This upward movement occurs despite an ongoing investigation into issues related to inoperable doors on 174,290 Model Y vehicles [1] Company Summary - The investigation involves a significant number of Model Y vehicles, specifically 174,290 units, which may impact consumer perception and regulatory scrutiny [1] - The stock performance suggests resilience in the face of potential operational challenges, reflecting investor confidence in the company's long-term prospects [1]
Shareholders that lost money on Tesla, Inc.(TSLA) should contact Levi & Korsinsky about pending Class Action - TSLA
Prnewswire· 2025-09-16 12:45
NEW YORK, Sept. 16, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Tesla, Inc. ("Tesla, Inc." or the "Company") (NASDAQ: TSLA) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Tesla, Inc. investors who were adversely affected by alleged securities fraud between April 19, 2023 and June 22, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/tesla-inc-lawsuit-submission-f ...
The USD is lower to start the US session with declines vs the EUR and CHF leading
News & Analysis For Stocks, Crypto & Forex | Investinglive· 2025-09-16 12:18
The USD is lower vs all the major currencies to start the trading day and one day ahead of the FOMC rate decision. Trump nominee for FOMC board Stephen Miran was approved and will participate in the FOMC rate decision culminating with the decision at 2 PM tomorrow. The expectations is that he would dissent for a larger cut than the expected 25 basis points. Miran has also advocated for the benefits of the US dollar moving lower for manufacturing. That may be a little bit of what were seen in trading today. ...
US regulators probe Tesla Model Y door handle issues
Invezz· 2025-09-16 12:09
Core Viewpoint - The US National Highway Traffic Safety Administration (NHTSA) has initiated a preliminary evaluation of Tesla Inc.'s Model Y vehicles from the 2021 model year due to reports of electronic issues [1] Group 1 - The evaluation is part of NHTSA's ongoing efforts to ensure vehicle safety and address consumer complaints regarding potential electronic malfunctions in Tesla's Model Y [1] - This action reflects the regulatory scrutiny that Tesla faces as it continues to expand its electric vehicle offerings in the market [1] - The preliminary evaluation may lead to further investigations or recalls if significant safety concerns are identified [1]
US evaluating over 174,000 Tesla Model Y cars for door handle failure reports
Reuters· 2025-09-16 11:26
Core Viewpoint - The U.S. National Highway Traffic Safety Administration has initiated a preliminary evaluation of approximately 174,290 Tesla Model Y vehicles due to reports concerning issues with their electronic door handles [1] Group 1 - The evaluation is focused on the electronic door handles of Tesla Model Y cars, which have been reported to malfunction [1] - The number of vehicles under evaluation is significant, indicating a potential widespread issue within this model [1] - This action by the National Highway Traffic Safety Administration reflects ongoing scrutiny of Tesla's vehicle safety and quality control measures [1]