NHTSA Closes Tesla Braking Probe on 695k Vehicles

U.S. regulators closed their 2022 probe into unexpected braking on 695,000 Tesla Model 3 and Model Y vehicles on July 2 after incident reports plunged following software updates. The resolution caps a two-week turnaround that began with a June 23 fatal-crash investigation triggering a 5% stock selloff. NHTSA had already closed a separate power-steering probe on June 27 covering 376,000 vehicles, while Tesla’s June 29 rollout of FSD v14 lite to older HW3 cars drove an 8.46% rally to $411.84. The combined regulatory clearances remove key overhangs and support near-term sentiment despite ongoing autonomy scrutiny.