AGL 37.75 Decreased By ▼ -0.27 (-0.71%)
AIRLINK 208.03 Increased By ▲ 10.67 (5.41%)
BOP 9.69 Increased By ▲ 0.15 (1.57%)
CNERGY 6.03 Increased By ▲ 0.12 (2.03%)
DCL 8.98 Increased By ▲ 0.16 (1.81%)
DFML 36.52 Increased By ▲ 0.78 (2.18%)
DGKC 98.50 Increased By ▲ 1.64 (1.69%)
FCCL 35.46 Increased By ▲ 0.21 (0.6%)
FFBL 88.94 Increased By ▲ 6.64 (8.07%)
FFL 13.44 Increased By ▲ 0.27 (2.05%)
HUBC 129.30 Increased By ▲ 1.75 (1.37%)
HUMNL 13.55 Increased By ▲ 0.05 (0.37%)
KEL 5.45 Increased By ▲ 0.13 (2.44%)
KOSM 7.07 Increased By ▲ 0.07 (1%)
MLCF 45.00 Increased By ▲ 0.30 (0.67%)
NBP 61.16 Decreased By ▼ -0.26 (-0.42%)
OGDC 218.01 Increased By ▲ 3.34 (1.56%)
PAEL 41.00 Increased By ▲ 2.21 (5.7%)
PIBTL 8.38 Increased By ▲ 0.13 (1.58%)
PPL 195.50 Increased By ▲ 2.42 (1.25%)
PRL 39.20 Increased By ▲ 0.54 (1.4%)
PTC 27.14 Increased By ▲ 1.34 (5.19%)
SEARL 105.94 Increased By ▲ 2.34 (2.26%)
TELE 8.42 Increased By ▲ 0.12 (1.45%)
TOMCL 35.80 Increased By ▲ 0.80 (2.29%)
TPLP 13.50 Increased By ▲ 0.20 (1.5%)
TREET 22.74 Increased By ▲ 0.58 (2.62%)
TRG 61.15 Increased By ▲ 5.56 (10%)
UNITY 33.05 Increased By ▲ 0.08 (0.24%)
WTL 1.69 Increased By ▲ 0.09 (5.63%)
BR100 11,893 Increased By 166.8 (1.42%)
BR30 37,003 Increased By 626.4 (1.72%)
KSE100 111,635 Increased By 2122.1 (1.94%)
KSE30 35,180 Increased By 666.2 (1.93%)
Business & Finance

Chinese regulators call in Tesla over customer complaints

  • The regulators urged Tesla to operate according to China laws and protect customer rights.
  • Tesla is building Model 3 electric sedans and Model Y sport-utility vehicles in its Shanghai factory. It sold 15,484 China-made vehicles in January.
Published February 8, 2021

BEIJING: China's government officials met representatives from US electric vehicle maker Tesla Inc in response to growing reports from consumers about battery fires, unexpected acceleration and over-the-air (OTA) software update failure.

China's State Administration for Market Regulation said in a social media post on Monday that its officials along with those from the Ministry of Industry and Information Technology, Ministry of Emergency Management, Cyberspace Administration and Ministry of Transportation had met Tesla "recently", without giving a date.

The regulators urged Tesla to operate according to China laws and protect customer rights.

Tesla is building Model 3 electric sedans and Model Y sport-utility vehicles in its Shanghai factory. It sold 15,484 China-made vehicles in January.

Tesla did not immediately respond to a request for comment. Its shares move lower after the announcement, now down around 0.5% in pre-market hours.

Comments

Comments are closed.