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Market Chatter: Tesla Cleared as US Regulator Closes Defect Petition
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Market Chatter: Tesla Cleared as US Regulator Closes Defect Petition
Mar 20, 2026 3:57 AM

06:35 AM EDT, 03/20/2026 (MT Newswires) -- Tesla (TSLA) vehicles were cleared by the National Highway Traffic Safety Administration after it closed a defect petition covering about 2.26 million cars, finding no safety-related flaw, Reuters reported Friday, citing the US regulator.

The report said the 2023 petition alleged risks of unintended acceleration due to pedal misapplication linked to features such as one-pedal driving.

NHTSA found very few incidents, and data showed vehicles responded as intended, it added.

Tesla did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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