National Highway and Traffic Safety Administration Announced Tuesday, Tesla Recalled ~55K Model X Vehicles Made 2021-2123 Due to Vehicle Controller Issues
Portfolio Pulse from Charles Gross
Tesla has recalled approximately 55,000 Model X vehicles made between 2021 and 2023 due to issues with the vehicle controller, as announced by the National Highway and Traffic Safety Administration.
October 17, 2023 | 9:06 am
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Tesla's recall of approximately 55,000 Model X vehicles due to vehicle controller issues could potentially impact the company's reputation and financials in the short term.
Recalls often lead to increased costs for the company due to repairs and replacements, and can also damage the company's reputation, potentially affecting sales. This could negatively impact Tesla's stock price in the short term.
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