Tesla (TSLA) shares dipped in early trading on Tuesday before rebounding later in the session after the National Highway and Traffic Safety Administration (NHTSA) said the electric vehicle (EV) maker will recall certain 2021-2023 Model X vehicles.

The vehicles' controllers may not properly detect low brake-fluid levels, potentially leading to a failure to display a warning light, according to NHSTA. Tesla has issued a free over-the-air (OTA) software update to address the potential safety issue and said owners will receive notification letters by Dec. 12, 2023. The NHSTA said Tesla wasn't aware of any related crashes, injuries, or deaths, as of Oct. 10.

Earlier this year, the EV maker had to recall 362,758 Model X, Model S, and Model Y vehicles because of reported issues related to its experimental driver-assistance software. The Full Self-Driving Beta system raised 澳洲幸运5官方开奖结果体彩网:safety concerns related to navigating intersections and had trouble responding appropriately to required changes in speed limits. In this case, Tesla released a free over-the-air software update as well.

Tesla will post its third-quarter results on Wednesday after the closing bell. The EV maker 澳洲幸运5官方开奖结果体彩网:slashed prices in the third quarter, which could put pressure on its 澳洲幸运5官方开奖结果体彩网:gross margins. Planned factory shutdowns for an upgrade also led to a 澳洲幸运5官方开奖结果体彩网:decline in production and delive♎ry volumes in the most recent quarter.

Shares of Tesla were 0.8% higher as of 12:30 p♏.m. ET on Tuesday and have m♓ore than doubled year-to-date.