WASHINGTON—Tesla on Friday said it was recalling 376,000 of its electric vehicles in the United States, due to a failure of the power steering assist feature that could make the vehicles harder to steer, particularly at low speeds, raising the risk of a crash.
Tesla shares fell 3 percent in mid-day trading.
The recall follows a more than year-long probe by the National Highway Traffic Safety Administration (NHTSA) after some Tesla owners reported steering failures. Some were unable to turn the wheel while others cited increased effort. More than 50 vehicles were allegedly towed due to the issue, NHTSA said last year.
Reuters reported in late 2023 that tens of thousands of owners had experienced premature failures of suspension or steering parts since 2016, citing Tesla documents and interviews with customers and former employees….