Loose wheel nut indicator
A loose wheel nut indicator is a measuring device that warns of loose wheel nuts, which is the most common cause of wheels on vehicles falling off. == History == In 1990, Mike Marczynski, who was responsible for a commercial vehicle fleet, developed the locking system for lug nuts and initially marketed them in Great Britain under the Checkpoint brand name.
Source: Wikipedia — Loose wheel nut indicator (CC BY-SA 4.0)