The National Highway Traffic Safety Administration (NHTSA) reports that Tesla (NASDAQ:TSLA) has released a software update as part of a recall of 694,304 vehicles. The recall concerns an issue with the failure of some warning lights on the vehicle’s Tire Pressure Monitoring System (TPMS).

Affected models include certain Model 3 (2017-2025), Model Y (2020-2025), and Cybertruck (2024). Tesla discovered that a previous software version did not meet compliance standards for TPMS malfunction alerts.

Tesla said it had not received any reports of accidents, injuries or deaths due to the condition, but had identified 76 warranty claims and one field report regarding the issue as of December 13.

Vehicles in production will receive the revised software from November 15th. Owners of vehicles equipped with software update 2024.38.200 or later are not required to take any further action. Other owners should ensure their cars have the necessary software fix to comply with regulations, according to Tesla.

The recall highlights Tesla’s ongoing initiatives via over-the-air software updates to aggressively resolve vehicle performance issues. It’s important to note that Tesla stock is up 79.4% year-to-date and over 141% over the past six months.

This article first appeared on GuruFocus.