BEIJING – Tesla (NASDAQ: TSLA) is performing a remote recall of 1.7 million cars in China with an over-the-air software update, the state market regulator said on Tuesday.
The recall in Tesla’s second-largest market involves imported Model S and X vehicles and China-made Model 3 and Y vehicles that could fail to detect when the front trunk lid is unlocked, resulting in potential safety hazards, the State Administration for Market Regulation said in a statement.
(Source: Reuters)
Jennifer Tacker is a staff writer at ABBO News. She holds a B.A. from the University of Waterloo and a B.Ed from Western University. Jennifer has been active in the stock market and crypto sector for a decade. She specializes in technical analysis and trading strategies.