Tesla to recall over 9,000 vehicles

Tesla to recall over 9,000 vehicles

Untightened bolts and roof trims made Tesla recall more than 9,000 cars

After General Motors announced that will recall 7 million vehicles due to faulty airbags, another company is recalling some of its vehicles.

For Tesla, the National Highway Traffic Safety Administration (NHTSA) announced that "the front and spine cosmetic roof trim may have been adhered without first using primer, and one or both pieces of trim may separate from the vehicle while it is being driven." Following the data, Tesla will issue two recalls totaling around 9,500 cars. The larger recall of 9,136 covers the Model X vehicles produced in 2016, while the second involves 401 Model Y cars produced this year.

According to Tesla, its engineers discovered that the upper control arm tends to separate. All the recalled vehicles will be inspected and, if necessary, adjusted accordingly.

Despite the news, Tesla's stock price closed 3.35% higher.

Read here all about the General Motors recall!

Sources: reuters.com, finance.yahoo.com

The information presented herein is prepared by CAPEX.com and does not intend to constitute Investment Advice. The information herein is provided as a general marketing communication for information purposes only and as such it has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is not subject to any prohibition on dealing ahead of the dissemination of investment research.

Users/readers should not rely solely on the information presented herewith and should do their own research/analysis by also reading the actual underlying research. The content herewith is generic and does not take into consideration individual personal circumstances, investment experience or current financial situation.

Therefore, Key Way Investments Ltd shall not accept any responsibility for any losses of traders due to the use and the content of the information presented herein. Past performance is not a reliable indicator of future results.