Tesla Recalls More Than 375K Vehicles Due to Defect in Power Steering
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Tesla has issued a recall for over 375,000 vehicles in the US due to a defect in the power steering assist, which could increase the risk of accidents.
February 24, 2025 | 5:30 pm
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Tesla is recalling more than 375,000 vehicles in the US due to a power steering defect, potentially increasing accident risk.
The recall of a large number of vehicles due to a safety defect can negatively impact Tesla's stock price in the short term. Safety concerns may affect consumer confidence and lead to increased scrutiny from regulators.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100