Tesla Recalls Nearly 160 Model S, X Vehicles Over Steering Wheel-Airbag Mismatch
Portfolio Pulse from Anan Ashraf
Tesla Inc (NASDAQ:TSLA) has recalled nearly 160 Model S and X vehicles due to incorrect airbag installation. The inconsistency between the airbag and the steering wheel might be a result of the customer switching between steering wheel choices. The service operator might have switched the steering wheel and subsequently equipped it with the incorrect driver airbag variant.
November 09, 2023 | 9:39 am
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Tesla's recall of nearly 160 Model S and X vehicles due to incorrect airbag installation could potentially impact the company's reputation and customer trust, potentially affecting its stock price.
Recalls often lead to negative publicity and can damage a company's reputation, which can in turn affect customer trust and sales. This could potentially lead to a decrease in Tesla's stock price in the short term.
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IMPORTANCE 70
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