Tesla Door Handles Are Focus of US Safety Probe After Bloomberg Investigation

Watch Tesla Door Handles Are Focus of US Safety Probe After Bloomberg Investigation - Bloomberg on Dailymotion

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00:00is that the National Highway Traffic Safety Administration will be probing Tesla over the

00:04fantastic story with the autos team on Tesla car doors, the Model Y to be specific, not opening if

00:11there's a power outage. What would this mean for Tesla? And what do you make of the fact there

00:15hasn't been much of a share price reaction off the back of that probe? Yeah, it's very interesting

00:21because we cited within our investigation, our story last week, an example of a young child who

00:29was in her Halloween costume, who was trapped in the backseat of her parents, Tesla. That is almost

00:37verbatim what the National Highway Traffic Safety Administration is describing here as it opens

00:42this probe, this issue of Tesla owners, their vehicles losing battery. And Tesla itself acknowledges in its

00:51owner's manuals and in documents that it shares with first responders that, look, our doors just

00:57don't open from the outside if our vehicles don't have power. That's a real safety concern,

01:02particularly if you have young kids in your car. This is, you know, leading NHTSA to open this

01:09investigation. And I would say, you know, it's not necessarily the case that defect investigations

01:13are market moving because they tend to take a really long time to play out. And it's hard to tell

01:19at this juncture just how costly this could be if it ends up ultimately resulting in, you know,

01:25for example, a recall. I would say that, you know, what could set this apart from other

01:31investigations for Tesla is it may not be something that they could resolve with an over-the-air

01:36software update. And if that's the case, if they actually have to, you know, make some physical

01:41change to their vehicles that could be costly for the company.