The Clap
Tesla (NASDAQ: TSLA) recalled nearly 30,000 Model X cars in the US following an airbag fault.
What
The passenger airbag would sometimes deploy incorrectly in low-speed collisions, increasing the risk of injury.
According to the company, there has been no record of any crashes, injuries, or deaths related to the fault.
This is the second set of vehicle recalls from the company, after recalling upwards of 40,000 Model S and Model X cars due to faults in the steering system.
So What
The news adds salt to the wounds of Tesla, which has recently suffered due to CEO Elon Musk’s actions.
Now What
The company’s stock dropped around 1.5% during Friday’s session, and more than 6% during the past week.