Tesla to Recall Nearly 4,000 Cybertruck Pickups Over Accelerator Pedal Issue

Tesla has announced a recall of nearly 4,000 of its Cybertruck pickups due to a safety concern related to the accelerator pedal.

The National Highway Traffic Safety Administration revealed that the accelerator pedal in the Cybertruck could get stuck, potentially leading to unintended acceleration and increasing the risk of crashes.

Recall and Setback

The recall comes as a setback for the electric vehicle giant, Tesla. The company, which introduced its first pickup truck, the Cybertruck, in November after facing multiple delays, is now addressing this critical safety issue.

Tesla has been grappling with a decline in market share amidst rising competition. Notably, its sales in the first three months of this year fell from the same period last year, marking the first such decline since the onset of the pandemic.

Investor Concern

The series of challenges faced by Tesla has led to investor unease, causing the company's stock to plummet by approximately 40% since the beginning of this year.