Tesla to recall 362,000 US vehicles on full self-driving software

Tesla Inc has said it would recall 362,000 United States vehicles to update its Full Self-Driving (FSD) Beta software after US regulators said the driver assistance system did not adequately adhere to traffic safety laws and could cause crashes. The National Highway Traffic Safety Administration (NHTSA) on Thursday said the Tesla software allows a vehicle to "exceed speed limits or travel through intersections in an unlawful or unpredictable manner [that] increases the risk of a crash." Tesla will release an over-the-air (OTA) software update free of charge, and the electric vehicle (EV) maker said is not aware of any injuries or deaths that may be related to the recall issue. The automaker said it had 18 warranty claims. Tesla shares were down 1.6 percent at $210.76 on Thursday afternoon.