Tesla (NASDAQ:TSLA) Recalls 53,000 Vehicles Over Faulty Brake

car recalls 2017

Tesla (NASDAQ:TSLA) is recalling 53,000 Model S and Model X vehicles, almost two-thirds of all cars made last year, to replace their faulty electronic parking brakes. These cars were all made between February and October 2016. In total, Tesla made 84,000 vehicles last year. The carmaker says they will be sending the official recall notice to all the customers soon, informing them how to replace the parking brakes.

It will take just 45 minutes to do the repairs, according to the carmaker.

An Issue With the Brake

Tesla says the brakes in these vehicles may not release perfectly. According to a company statement on the website, a small gear was manufactured improperly by a Tesla supplier. If the gear breaks, the parking brake could become stuck in place. However, the company adds that there have been no reports of any injuries or deaths because of these faulty brakes. This is the second such recall by the carmaker.

The statement further says, “While less than 5% of the vehicles being recalled may be affected by this issue, we are recalling 53,000 vehicles total out of an abundance of caution. Because of the design of the gear, it is difficult to tell exactly which vehicles are affected”. All Tesla vehicles are safe to use, the statement adds.

Tesla Blames Italian Firm for the Faulty Parts

Brembo SpA from Italy supplied the faulty parts. A spokeswoman of spokeswoman for Brembo North America has confirmed this. She says, “We are working with Tesla to ensure the issue is resolved quickly”.

The number of vehicles being recalled by automakers has shot up remarkably in the last few years. In 2016, for instance, more than 53 million vehicles had to be recalled over various issues in the United States alone, making 2016 the third-straight year of record vehicle callbacks.

Tesla is under a lot of scrutiny now, even as their Chief Executive, Elon Musk, is preparing a huge expansion of their manufacturing facilities for the Model 3, which is Tesla’s mass-market affordable car. Tesla is expected to bring out this vehicle from their Freemont plant in California this July.

Tesla’s valuation has increased in expectation of the Model 3 and is now rivaling the big automakers General Motors and Ford (NYSE:F). Tesla (NASDAQ:TSLA) wants to make half a million vehicles next year, and bring this up to 1 million by 2020.