NHTSA Closes 3-Year Tesla Model Y Probe Without Action, Shares Up 0.63% at $378.67

The U.S. NHTSA closed its three-year investigation into 120,089 Tesla Model Y vehicles on April 28, 2026, without requiring any action from the manufacturer. The probe stemmed from reports of a missing retaining bolt potentially causing steering wheel detachment. Multiple reports throughout the day confirmed the closure, removing a regulatory overhang and modestly boosting investor sentiment. Tesla shares reacted positively but mutedly, trading at $378.67, up 0.63%, with market cap at $1.42T. This development reduces near-term recall and legal risks without broader operational impact.