00:00It's Benzinga, bringing Wall Street to Main Street.
00:02The National Highway Traffic Safety Administration ordered Tesla to hand over records and an investigation into potential safety defects with its flush-mounted door handles, and according to CNBC,
00:11agency said it continues to receive owner complaints of Tesla drivers and passengers, including children, who were trapped in vehicles after power loss or door handle malfunctions.
00:20NHTSA cited 16 reports of an operative exterior handles in 2021 Model Y vehicles as of October 27, and warned Tesla faces fines of up to $27,874 per violation per day and fails to comply by December 10.
00:36NHTSA launched its investigation into Tesla's electronic door handles after a Bloomberg report detailed injuries and deaths of people trapped in vehicles following collisions or power losses.
00:45Tesla design chief Franz von Holzhausen later said the company plans to redesign the door handles.
00:51For all things money, visit Benzinga.com.