The Daily Money: NHSTA launches inquiry into Tesla seatbelts

The National Highway Traffic Safety Administration is looking into reports from some Tesla owners that their seatbelts are detaching while they drive.

Read in browser Read in browser The Daily Money ALL THE MONEY NEWS YOU NEED TO KNOW Tue Mar 28 2023 Charisse Jones |  Economic Opportunity Reporter Happy Tuesday everyone. It's Charisse Jones with your Daily Money headlines.  The National Highway Traffic Safety Administration is looking into reports from some Tesla owners that their seatbelts are detaching while they drive. The inquiry affects roughly 50,000 Tesla Model X SUVs from the model years 2022 and 2023.  The complaints that sparked the investigation came from two Tesla drivers.  "Both vehicles were delivered to the owners with insufficiently connected anchor linkages," NHSTA wrote, adding that the seat belts were not appropriately connected when the vehicle was manufactured. This latest investigation of an alleged malfunction comes on the heels of another NHSTA inquiry into 2023 Model Y Teslas after complaints that the vehicle's steering wheels could detach while the SUV is in motion. Walt Disney Co. to reportedly begin layoffs The Walt Disney Co. will begin laying off employees this week, according to various news reports.  Disney CEO Bob Iger wrote in an internal memo that staffers would be told if they were losing their jobs in three rounds, with the first happening this week, according to reports from CNN, Axios and CNBC. Tesla supercharger plug in red Tesla EV. Tesla "Leaders will be communicating the news directly to the first group of impacted employees over the next four days," he said on Monday, according to Axios. Disney did not immediately respond to USA TODAY's request for comment. "A second, larger round of notifications will happen in April with several thousand more staff reductions, and we expect to commence the final round of notifications before the beginning of the summer to reach our 7,000-job target," according to a separate CNBC report. 📰 More stories you shouldn't miss 📰 Michigan repeals right-to-work law: The state has become the first in years to repeal a law that limits unions.  SVB depositors vs. student loan borrowers: Some see a double standard in who gets government relief and who doesn't.    Tax deductions: Here are some you can make before the looming tax filing deadline.    🍔 Today's Menu 🍔 If you drink Pepsi, get ready for its new look. The soft drink is getting a fresh logo in celebration of its 125th anniversary. A bold "PEPSI,'' displayed over red, white and blue stripes and sitting within a thin black circle will replace the sleeker font that's been the beverage's signature since 2008. About The Daily Money Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TL;DR version: how decisions by the Federal Reserve, government and companies impact you. Follow Charisse Jones on Twitter: @charissejones NHSTA opens investigation into Tesla seat belt detachment reports Reports of seat belts coming loose while Tesla Model X SUVs are being driven prompted NHTSA to open an investigation, regulators said. READ MORE Advertisement Walt Disney Co. layoffs starting this week The Walt Disney Co. will begin notifying employees impacted by layoffs, CEO Bob Iger said in a memo on Monday. READ MORE Michigan repeals 'right to-work' law, but what is it? The move by Gov. Gretchen Whitmer is considered a win for unions and makes Michigan the first state in decades to repeal the union-restriction law. READ MORE Is there a 'double standard' in who gets bailed out? After SVB and Signature Bank depositors got swift relief, some question why student loan debt relief hasn't been met with similar urgency. READ MORE Here is the difference between regressive tax and progressive tax Here's what you should know about regressive tax and progressive tax, what they are, how they work and the difference between the two. READ MORE Pepsi unveils new logo ahead of 125th anniversary: See the design Ahead of its 125th anniversary in August, Pepsi is updating its logo to make it more vibrant and relevant for a digital world, the company says. READ MORE Pepsi: A history of soft drink brand's logos From Pepsi-Cola to Pepsi, we look at the cola brand's logo design since the soft drink was created in 1898. READ MORE Claiming medical expense deduction on taxes: What you need to know If you spent a lot of money on medical expenses last year, you can snag a tax break for medical expenses, but there are rules. READ MORE The Chevy Camaro's not gone forever, but next will be very different Reports of the Chevy Camaro's death are exaggerated, as General Motors prepares to mothball the sporty car — again — following the 2024 model year. READ MORE US Social Security may change. What to know about retirement's future. U.S. lawmakers are considering changes to entitlement programs in the states, with some saying the country should raise the full retirement age. READ MORE Advertisement Sign up for the news you want Exclusive newsletters are part of your subscription, don't miss out! We're always working to add benefits for subscribers like you. SEE ALL NEWSLETTERS ➔ SEE ALL NEWSLETTERS ➔ Newsletters   |    eNewspaper   |   Crosswords Follow Us Problem viewing email? View in browser Unsubscribe  •   Manage Newsletters  •  Terms of Service  •   Privacy Policy/Your California Privacy Rights  •  Privacy Notice  •   Do Not Sell My Info/Cookie Policy  •  Feedback