trending Market Intelligence /marketintelligence/en/news-insights/trending/lgk9m6twectk3hxn_ovnhw2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Tesla recalls 123,000 sedans over power steering issue

Amazon e-commerce sales soar amid COVID-19

Gauging Supply Chain Risk In Volatile Times

S&P Global Market Intelligence

Cannabis: Hashing Out a Budding Industry


IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

Tesla recalls 123,000 sedans over power steering issue

Tesla Inc. is recalling all Model S sedans manufactured before April 2016 to repair a power steering part, according to a Bloomberg report.

The move, a result of "excessive corrosion in the power steering bolts, though only in very cold climates, particularly those that frequently use calcium or magnesium road salts," affects nearly 123,000 vehicles worldwide, the report said, citing an email sent to affected customers.

The email said that "Tesla plans to replace all early Model S power steering bolts in all climates worldwide to account for the possibility that the vehicle may later be used in a highly corrosive environment."

Tesla said the power steering problem has not caused any accidents or injuries, adding that customers need not take any immediate action, according to the report.

The automaker has also advised Model S customers that they can continue driving their Model S cars until Tesla contacts them and schedules an appointment as power steering components become available in their region.