Buckle up: another Tesla recall

Tesla has issued another recall, this one over seat belts that fail to warn drivers when they’re unbelted, Reuters reports. The struggling electric car company has issued a number of recalls this year, including two for its long-awaited Cybertruck, amid a 14% decline in its stock price. This is all while its CEO Elon Musk fights for shareholder approval for his record $56 billion pay package. The latest recall affects 125,000 cars and is just the latest example of chaos in Tesla town. The company plans to release an over-the-air software update to fix this issue, with deployment expected to start in June.

Tesla to recall 125,227 vehicles over faulty seat belt warning system

More Business

See all Business

Brent Krott, 15, holds a hand of cards in a game called Magic the Gathering At Crossroad Games in St...

“Magic: The Gathering” is just the tip of a $1 billion digital iceberg

Hasbro’s gaming ambitions are the key to its future success

Charlie Hall4h

Tom Jones

no kudos

Strava is suing Garmin over alleged patent infringements

Has the watchmaker strayed a little far into the fitness app’s lane?

A Garmin smartwatch seen at the shopping mall in Gdansk...

Taco Bell is named the fastest drive-thru for a fifth year, but it may have lost a human touch with AI

Though Chick-fil-A was the slowest fast-food drive-thru, it was considered the friendliest, per the latest QSR report. At the Golden Arches, however, customers weren’t lovin’ the vibe.

Millie Giles10/2/25

Nia Warfield10/1/25

Amazon doubles down on groceries with new private-label collection, sending grocery stocks lower

Amazon on Wednesday launched Amazon Grocery, a new private-label food brand that combines its Fresh and Happy Belly lines into one collection.

The label covers more than 1,000 staples, from milk and eggs to olive oil and fresh meat, with most items priced under $5. Shares of Amazon were little changed, but grocery-selling rivals Target, Walmart, and Kroger all slipped around 2% following the announcement. Costco also slipped about 1%.

The launch highlights Amazon’s growing push into both grocery and private-label essentials as more customers trade down to cut costs. In August, the e-commerce giant added perishable groceries to same-day delivery in 1,000 cities and towns across the country.

At the same time, Amazon said shoppers purchased 15% more private-brand products in 2024 compared to the previous year across Amazon.com, Whole Foods Market, and Amazon Fresh.

Max Knoblauch10/1/25

Ford sales climb for 7th straight month as EVs hit a quarterly record on tax credit expiration

September marked another banner month for Ford’s electric vehicle business, with EV sales climbing 85% from the same month last year to more than 11,700 units.

For the third quarter as a whole, Ford’s electrified unit sales grew nearly 20%. That’s the division’s best Q3 on record, boosted by the looming end of the $7,500 federal tax credit on Tuesday. Ford, with rival GM, has found some ways to extend that credit in the hopes of keeping sales stable.

Overall, Ford sales rose 8.2% on the quarter, and September was the automaker’s seventh straight month of sales gains. Ford sales have been buoyed this year by panic buying: first from fears of tariff price hikes (and Ford’s strong incentives), and lately from the EV credit expiration.

Latest Stories

Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, or Robinhood Money, LLC.