Reuters

AUSTIN: Tesla on Sunday teased an event on October 7, as investors and analysts await the unveiling of a more affordable model to sustain sales momentum. In a nine-second video posted on the social media platform X, the Elon Musk-led automaker showed a vehicle with its headlights illuminated in a dark setting.&nbsp; The company hinted at an event scheduled for Tuesday in a separate video that ended with &quot;10/7&quot;. <div class="fr-embed responsive-video"><div class="video-wrapper aspect-video"><div class="twitter-tweet twitter-tweet-rendered" style="display: flex; max-width: 560px; width: 100%; margin-top: 10px; margin-bottom: 10px;"><iframe id="twitter-widget-0" scrolling="no" frameborder="0" allowfullscreen="true" title="X Post" src="https://platform.twitter.com/embed/Tweet.html?dnt=false&embedId=twitter-widget-0&features=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%3D%3D&frame=false&hideCard=false&hideThread=false&id=1974732638863974735&lang=en&maxWidth=560px&origin=https%3A%2F%2Fmain.d1wrm1qseko1cp.amplifyapp.com%2Fmedia-library%2F&sessionId=89dfd6a3fca7769d77544e320f8f672253c6886a&theme=light&widgetsVersion=2615f7e52b7e0%3A1702314776716&width=550px" style="position: static; visibility: visible; width: 560px; height: 316px; display: block; flex-grow: 1;"></iframe></div></div></div>Tesla has previously delayed rolling out a lower-cost version of the Model Y in the United States. The company stated in June that it had completed &quot;first builds&quot; of the vehicle, but would begin selling it in the fourth quarter and ramp up production more slowly than planned. The stripped-down version is designed to be roughly 20% cheaper to produce than the refreshed Model Y and could scale to about 250,000 units a year in the US by 2026, sources told Reuters earlier this year. Tesla reported record quarterly deliveries for the three months ended September, driven by a surge in EV purchases ahead of the US tax credit&#39;s expiration. The teaser videos followed the expiration of a $7,500 US EV tax credit on Sept. 30, a shift that could shape consumer choices and prompt Tesla to recalibrate its pricing strategy.

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Tesla releases a brief teaser for an October 7 event, fueling speculation about the launch of a lower-cost Model Y. The announcement comes after US EV tax credits expired and as Tesla seeks to maintain sales growth.

Tesla teases Tuesday event as focus shifts to affordable EVs

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ISLAMABAD: US auto safety regulators have opened a preliminary investigation into the 2021 Tesla Model Y after receiving multiple complaints from parents who were unable to open the vehicle from the outside, sometimes resorting to breaking windows to retrieve their children, according to an announcement reviewed Tuesday by AFP.&nbsp;The National Highway Traffic Safety Administration (NHTSA) said it received nine complaints involving the Model Y, with several incidents where parents were unable to access the rear seats to retrieve children.&nbsp;In four of those cases, the parents reportedly had no option but to break a window to regain entry into the vehicle.&nbsp;Although Tesla vehicles are equipped with manual door releases inside the cabin, those mechanisms are not always accessible to children, raising serious safety concerns.&nbsp;Entrapment risks in emergencies&ldquo;Entrapment in a vehicle is particularly concerning in emergency situations, such as when children are entrapped in a hot vehicle,&rdquo; the NHTSA stated in its notice.&nbsp;A preliminary review indicates the issue may stem from the electronic door locks receiving insufficient voltage, which renders the exterior door handles inoperative. However, Tesla owners involved in the incidents did not receive low-voltage battery warnings prior to the failure.&nbsp;The agency has now initiated a &ldquo;preliminary evaluation&rdquo; to determine the scope and severity of the issue.&nbsp;Not first Tesla door issueThis investigation follows a string of incidents involving Tesla&rsquo;s door mechanisms, some of which have had dangerous or even life-threatening consequences.&nbsp;In one high-profile case from April, Alijah Arenas, a college basketball recruit from the University of Southern California, described being trapped inside a burning Tesla Cybertruck after it crashed into a tree. He said he was &ldquo;fighting time&rdquo; to escape, but couldn&rsquo;t open the doors. Arenas was later placed in a medically induced coma. He survived by dousing himself with water as smoke filled the cabin.&nbsp;Focus on exterior door lock failuresThe current NHTSA probe is specifically focused on the inoperability of exterior electronic door locks, situations where there is no manual alternative to open the door. Although interior manual releases exist, the agency noted they are not accessible from the outside, and thus create a serious safety risk when passengers, especially children, are inside the vehicle.&nbsp;The preliminary evaluation covers approximately 174,300 units of the 2021 Model Y, Tesla&rsquo;s most popular midsize SUV.&nbsp;Battery power concernsThe agency noted that the failures appear to occur when low voltage disrupts power to the door locks. In several repair invoices reviewed, battery replacements were performed after such incidents. Yet none of the owners reported receiving a low-voltage warning prior to the malfunction.&nbsp;As part of the ongoing investigation, the NHTSA will evaluate:<ul><li>The design and reliability of Tesla&rsquo;s power supply system for the door locks</li><li>The effectiveness of battery alerts</li><li>The potential risk posed in emergency entrapment situations</li></ul>&nbsp;Despite the growing safety concerns and the federal investigation, Tesla&rsquo;s stock remains resilient. As of 2 p.m. in New York (18:00 GMT) on Tuesday, Tesla shares were up approximately 2%, according to AP.

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US investigates Tesla Model Y after parents report door lock failures, forcing some to break windows to rescue children.

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Tesla teases Tuesday event as focus shifts to affordable EVs

Tesla under US investigation over door lock failures, window-breaking incidents