Rivian, the Amazon-backed electrical automobile upstart and long-rumored Tesla killer as soon as valued at $100 billion simply needed to recall practically each automobile it’s ever made.

The firm says it would recall practically 13,000 autos over an “insufficiently torqued fastener,” that would, in some circumstances, probably disrupt steering resulting in an elevated danger for crashes. In much less severe circumstances, the difficulty reportedly results in extreme noise and vibration to emit from the automobile’s entrance suspension.

Rivian seemingly downplayed the difficulty in a letter seen by Gizmodo the place it informed its buyer it issued the voluntary recall, “out of an abundance of caution.”

In its recall report, The National Highway Traffic Safety Administration mentioned the improperly torqued steering fastener may, in some circumstances, trigger a, “separation, affecting the driver’s ability to control the vehicle,” and improve the danger of a crash.

Specifically, the recall impacts 12,212 Rivian vans, SUV’s and a subset of its electrical supply autos. To put that in context, CNBC notes Rivian shipped a complete of 14,317 autos this 12 months. That means this recall could affect round 80% of Rivian’s whole fleet.

Now, following the recall, Rivian will examine and correctly safe the impacted steering knuckle fasteners. In some circumstances, Rivian will change elements utterly. A Rivian spokesperson informed Gizmodo over electronic mail they turned conscious of seven experiences probably associated to the difficulty as of September 28. The spokesperson mentioned Rivian’s not conscious of any accidents associated to the defect. The firm mentioned it would make any needed repairs freed from cost and expects the fixes will solely take a couple of minutes to finish.

“The safety of our customers will always be our top priority, and we are committed to fixing this issue on any affected vehicles as quickly as possible,” the Rivian spokesperson mentioned. “We will begin immediately contacting affected customers to schedule appointments for inspections and repairs if needed.”

That huge recall despatched Rivian’s as soon as sky-high inventory worth swerving. Rivian’s inventory dropped by round 9% on Monday, according to Reuters, with some buyers expressing issues over whether or not or not the corporate will meet its a lot hyped 2023 manufacturing timeline.

“We have greater concerns on 2023 production expectations,” RBC Capital Markets mentioned in a observe seen by Reuters. Dan Ives, an analyst at Wedbush, in the meantime, referred to as the recall a “black eye,” for the automaker according to MarketWatch. Zooming out, Rivian’s shares have reportedly dipped 67.3% this 12 months.

Rivian took the automotive and tech trade for a wild journey final 12 months when it achieved a staggering market valuation of $100 billion following the largest preliminary public providing of 2021. That valuation briefly made Rivian, a more recent upstart that’s produced lower than 15,000 autos, the second most beneficial carmaker on Earth. Second, in fact, solely to Tesla.

Rivian the corporate has existed since 2009, however solely simply started to ship autos final 12 months. The firm ambitiously hopes to provide someplace round 150,000 autos per 12 months by 2023. Recalls and different false begins, nevertheless, make that timeline begin to sound increasingly just like the always missed Tesla deadlines.