News
Tesla to release over-the-air software update to fix seat belt chime malfunction on 817k cars
Tesla is rolling out an over-the-air software update to fix a seat belt chime issue that may result in drivers not being aware that they are not buckled in. The recall covers a total of 817,143 vehicles, comprised of 2021-2022 Tesla Model S, 2021-2022 Tesla Model X, 2017-2022 Tesla Model 3, and 2020-2022 Tesla Model Y.
A notice filed by the National Highway Traffic Safety Administration (NHTSA) on Thursday described the nature of the seat belt chime issue. According to the NHSTA’s Safety Recall Report, a software error may prevent a warning chime from activating even if drivers do not have their seat belts on. As of January 31, 2022, Tesla is not aware of any warranty claims, field reports, crashes, injuries, or fatalities related to the condition.
The following describes the nature of the seat belt malfunction issue, as outlined in the NHTSA’s Safety Recall Report.
“FMVSS 208, S7.3 (a)-(1), requires the audible seat belt reminder chime to activate upon vehicle start (i.e., driver presses the brake pedal after entering the vehicle) if the driver seat belt is not detected as buckled. On certain MY 2021-2022 Model S and Model X vehicles and on all MY Model 3 and Model Y vehicles, a software error may prevent the chime from activating upon vehicle start under certain circumstances.
“This condition is limited to circumstances where the chime was interrupted in the preceding drive cycle and the seat belt was not buckled subsequent to that interruption (e.g., the driver exited the vehicle in the preceding drive cycle while the chime was active and later returned to the vehicle, creating a new drive cycle). This condition does not affect the audible seat belt reminder chime from activating when the vehicle exceeds 22 km/h and the driver seat belt is not detected as buckled. The condition also does not affect the reliability and accuracy of the accompanying visual seat belt reminder at any point.”
The seat belt chime issue was initially brought to Tesla’s attention by the South Korea Automobile Testing & Research Institute (KATRI) on January 6, 2022. From January 10 to 22, 2022, Tesla’s vehicle software and homologation teams conducted an investigation on the condition, as well as the scope of the issue. A recall determination was made by Tesla voluntarily on January 25, 2022, though the fix would be rolled out through a free software update, similar to other patches that the company rolls out to its fleet regularly.
It should be noted that a fix for the seat belt chime issue started rolling out in software update 2021.43.101.1, which was initially introduced to the Model 3 and Model Y on January 27, 2022. Tesla Model S and Model X vehicles who were affected by the issue started receiving the software update with the seat belt chime fix the next day, on January 28, 2022. Similar to the recalls that the company recently initiated for its vehicles, owners who are affected by the issue are not required to take any specific actions for their vehicles, except to ensure that their cars are connected to the internet.
Tesla’s remedy to the seat belt chime issue can be viewed below.
“A firmware release will correct the software error, so that the audible seat belt reminder chime will reset if it is interrupted while chiming. Firmware release 2021.43.101.1, which includes this remedy, was introduced in Model 3 and Model Y production on January 27, 2022, and in Model S and Model X production on January 28, 2022. Separately, firmware release 2022.4.5, which also includes this remedy, will deploy over-the-air (“OTA”) to delivered vehicles in early February 2022.
“No further action is necessary from owners whose vehicles are equipped with firmware release 2021.43.101.1 or 2022.4.5 or a later release. New vehicles will not be delivered to customers without 2021.43.101.1 or 2022.4.5 or a later release. Tesla does not plan to include a statement in the Part 577 owner notification about pre-notice reimbursement to owners because there is no paid repair relating to the underlying condition and owners will receive the remedy free of charge with an OTA firmware release.”
The NHTSA’s Safety Recall Report on Tesla’s seat belt chime issue could be viewed below.
RCLRPT-22V045-3599 by Simon Alvarez on Scribd
Don’t hesitate to contact us with news tips. Just send a message to simon@teslarati.com to give us a heads up.
Elon Musk
Tesla Q3 2026 Earnings results: in-line revenues, slight beat on EPS
Tesla (NASDAQ: TSLA) reported its earnings for the third quarter of 2026, marking a reasonable performance on the various financial metrics. Tesla still plans to hold a call that will field investor questions at 5:30 p.m. ET, 4:30 p.m. CT.
Here’s where Earnings came in:
- Total Revenues: $28.095 reported vs. $28.34B expected
- Non-GAAP EPS: $0.50 reported vs. $0.45 expected
- Operating Margin: 5.8% reported vs. 2.5% expected
- Operating Income: $1.624B reported vs. $721M expected
- Free Cash Flow: $3.99B reported vs. ~-$4.51B expected
🚨 Tesla $TSLA Earnings Results:
Total Revenues: $ $28.095 reported vs. $28.34B expected
Non-GAAP EPS: $0.50 reported vs. $0.45 expected
Operating Margin: 5.8% reported vs. 2.5% expected
Operating Income: $1.624B reported vs. $721M expected
Free Cash Flow: $3.99B reported vs. ~-$4.51B expected— TESLARATI (@Teslarati) October 21, 2026
Major Takeaways
Full Self-Driving (Supervised)
“FSD (Supervised)⁴ attach rate continued to grow, reaching over 75% of new vehicle deliveries in North America – our most mature market – a nearly twenty percentage point sequential increase. We believe that FSD is driving demand in markets where it is available, and we continue to work with regulators to get it approved in other markets.”
Tesla Semi
“We began volume production of Tesla Semi, our Class 8 heavy-duty truck. The top variant can go 500 miles at full 82,000 lbs gross combination weight while achieving an efficiency of 1.7 kWh/mile. That efficiency allows the Tesla Semi to use a third of the energy used by a comparable diesel truck to haul the same payload. In a transportation market where energy is one of the largest components of total cost per mile, this will provide a meaningful advantage to Tesla Semi operators.”
SI Compute
“We plan to reach 400 MW of SI training compute by the end of the year, supporting the development of both vehicle and humanoid robot autonomy software. Additionally, we continued construction for the Austin Fab, where we plan to start commissioning equipment in 2027.”
Robotaxi
“We began deployment of Cybercab into our Robotaxi fleet in Austin. We reached nearly two million cumulative unsupervised miles for our Robotaxi service as of the end of the quarter. Operating hours in Austin are now 6am to midnight, and we expect to reduce wait times via increased fleet supply and improvement of Robotaxi orchestration algorithms. Grok is available in Cybercab with access to Grok Bot and Connectors, which allows users to manage their inbox, calendars, files, chats and tasks – all hands free via voice command – making Cybercab a mode of transport, a productivity space and, with our entertainment options, a second living room.”
Interested in ordering a Tesla? Use my referral code for three free months of Full Self-Driving (Supervised) here.
Investor's Corner
Tesla reports Q3 Earnings today: here’s what to expect
Tesla (NASDAQ: TSLA) reports its earnings for Q3 today. Here’s what to expect, as the company will reveal its balance sheet after the market closes on Wednesday.
Tesla already reported deliveries just after Q3 ended, and it demolished Wall Street consensus estimates of roughly 462,000 vehicles. Tesla delivered 486,532 cars in the third quarter, which was a big beat, but was down 2.1 percent from the same quarter last year. Energy storage deployments were 13.7 GWh, up year-over-year.
Tesla showrooms picked clean ahead of Q3 end as demand looks strong
For the quarter, analysts have already compiled their predictions for what Tesla will report this afternoon:
- Total Revenues: $28.34B
- Non-GAAP EPS: $0.43
- Operating Margin: 2.5%
- Operating Income: $721M
- Free Cash Flow: ~-$4.51B
Here are a few things we are looking forward to hearing about on the call:
Automotive Gross Margin and Overall Profitability
This was 16.3 percent in Q2, down from 19.2 percent in Q1, and was impacted by warranty charges and some fading regulatory credits. Consensus implies overall gross margin near 18 percent, but a miss here would potentially reinforce concerns about pricing pressure on its vehicles.
Pay attention to energy storage margins as well, especially since Tesla missed GWh expectations, although it was still a strong quarter.
Robotaxi/Cybercab, Unsupervised FSD, and Optimus Progress
The Say questions from retail investors usually focus on these types of projects, and this quarter is no different. Scaling the Cybercab fleet beyond Austin amid the open NHTSA safety review, timeline for Unsupervised FSD in customer cars, Robotaxi unit economics, and Optimus cost per unit plus when it could start generating revenue, are all things to be looking for.
Any concrete timelines or regulatory path details will likely move the stock more than the near-term numbers. SpaceX merger speculation, which was detailed during SpaceX’s earnings call last night, may also surface, although the key details were shared last night.
Elon Musk just confirmed the Tesla and SpaceX merger step everyone was waiting for
Say Investor Questions
- How does the Cybercab fleet scale past Austin, and what’s the regulatory path outside Texas given NHTSA’s open safety review?
- When can we anticipate FSD unsupervised in customer cars?
- When will the CyberCab be available for customer purchase/ownership?
- What’s the unit economics per paid robotaxi mile, and how does it compare to the thirty-cent target?
- Tesla has acknowledged that HW3 vehicles cannot support unsupervised FSD. When will owners know whether they can upgrade their hardware for free, and when will Tesla provide a clear plan?
The full Earnings Call will be streamed this evening after market close around 5 p.m. this evening.
News
SpaceX confirms Starship 15 launch window with massive ambitions
SpaceX confirmed the date of Starship’s 15th launch window with some massive ambitions for the mission, as it will attempt to catch Ship for the first time.
CEO Elon Musk confirmed during SpaceX’s Earnings Call last night on October 20 that it would launch Starship for its 15th test flight in November, and there are some incredible things the company wants to try, making it perhaps the most groundbreaking launch in the program’s history.
SpaceX delivers blockbuster Q3 results as Super Intelligence segment booms
The most major development of the call was SpaceX’s intention to catch Ship alongside catching the Super Heavy Booster, something that has happened in the past. SpaceX showed an animation of the Ship catch, which will be done on the launch tower’s chopsticks:
SpaceX has released a new Starship tower catch animation for the upcoming Flight 15! https://t.co/kStn01Da8u
— Truthful🛰️ (@Truthful_ast) October 20, 2026
This monumental goal is to catch both the Ship and Booster in a dual-catch scenario, an incredible feat since SpaceX has never been able to reuse a Ship after launch. Musk said it would be “the first time that an orbital launch vehicle has been fully recovered,” and said it would be a “profound technology milestone.”
Musk said the odds of success on this first Ship catch attempt are “more likely than not,” but SpaceX is ultimately prepared for more tries moving forward. The SpaceX frontman said that, starting next year, Starship would have a “steady stream” of flights through the end of the year.
The cadence will accelerate in 2027, with Musk stating the company plans to target weekly flights in the first half of 2027 and twice-weekly by year-end.
The Flight 15 attempt follows that of Flight 14, which took off in late September and was Starship’s first orbital mission. It deployed 26 Starlink V3 satellites, accomplished a controlled ocean splashdown of both stages, and shed more light on potential challenges for the program moving forward.
As of now, the Starship program is firing on all cylinders.
Interested in ordering a Tesla? Use my referral code for three free months of Full Self-Driving (Supervised) here.