
A Tesla Model X electric vehicle is shown in this picture illustration taken in Moscow, Russia July 23, 2020. REUTERS/Evgenia Novozhenina/File Photo Acquire Licensing Rights
WASHINGTON, Nov 18 (Reuters) – Tesla Inc (TSLA.O) recalled nearly 30,000 Model X cars in the United States over an issue that may cause the front passenger air bag to deploy incorrectly, sending its shares down nearly 3% on Friday to their lowest in nearly two years.
The air bag could deploy incorrectly in certain low-speed collision events where a young front seat passenger is unbelted and out of position, increasing the risk of injury, the company said in a filing with U.S. regulators.
Tesla said it was not aware of any crashes, injuries or deaths related to the recall.
The problem will be addressed through an over-the-air software update, the company said in a letter filed with the National Highway Traffic Safety Administration.
Earlier this month, the world's most valuable automaker recalled over 40,000 Model S and Model X vehicles due to the risk of experiencing a loss of power steering assist when driving on rough roads or after hitting a pothole.
Reporting by Akash Sriram in Bengaluru and David Shepardson in Washington; Editing by Anil D'Silva and Mark Porter
Our Standards: The Thomson Reuters Trust Principles.
UBS executives have sold millions in shares since the Swiss bank announced its second quarter results, according to filings on the SIX stock exchange website.
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.
Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology.
The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs.
The industry leader for online information for tax, accounting and finance professionals.
Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile.
Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts.
Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks.
All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays.
© 2023 Reuters. All rights reserved