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Tesla shares rise about 2%, rebounding despite NHTSA probe of 1.2 million vehicles

Barrons.com +2 ·

TSLA Tesla Inc
$380.68 +0.51%
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  1. 1Tesla (TSLA) rose about 2% in Monday's regular session, putting it on track for a third straight day of gains after six consecutive sessions of declines.
  2. 2The NHTSA has launched a preliminary investigation into front lower suspension link detachment issues affecting approximately 1.2 million Model 3 vehicles from 2018–2020 and Model Y vehicles from 2021–2023.
  3. 3Out of 156 complaints, there were no accidents, injuries, or fatalities, suggesting that Monday's rebound indicates limited immediate market reaction to the probe.

Source Barrons.com +2 · View original ↗

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