12-31-2021, 05:41 PM
Tesla recalls 475,000 vehicles over safety issues
<!-- SC_OFF --><div class="md"><p>Noticed this hasn't been posted yet.</p> <p><a href="https://www.reuters.com/business/autos-transportation/tesla-recalls-over-475000-electric-vehicles-2021-12-30/">https://www.reuters.com/business/autos-transportation/tesla-recalls-over-475000-electric-vehicles-2021-12-30/</a></p> <p>Model 3: Primarily misalignment of rear latch potentially damaging cable harness for rear camera, causing malfunction.</p> <p>Model S: Primarily issue with front trunk latch, potentially causing blockage of front view while driving.</p> <p>While it's no news Tesla has been criticized for quality and safety concerns, I wonder if this large scale recall will affect stock sentiment. Are there more undiscovered issues, or is this yet another "growing pain"?</p> <p>As one of the most prolific and active stocks with one of the highest PE ratios, perhaps the reaction (or lack thereof) will help measure the risk tolerance of current holders.</p> <p>Elon has just recently sold another $1B of stock prior to the news (scheduled). This should complete $10B of selling over the past 2 months in anticipation for his imminent $11B tax bill.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/jammerjoint"> /u/jammerjoint </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/rsw14v/tesla_recalls_475000_vehicles_over_safety_issues/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/rsw14v/tesla_recalls_475000_vehicles_over_safety_issues/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Noticed this hasn't been posted yet.</p> <p><a href="https://www.reuters.com/business/autos-transportation/tesla-recalls-over-475000-electric-vehicles-2021-12-30/">https://www.reuters.com/business/autos-transportation/tesla-recalls-over-475000-electric-vehicles-2021-12-30/</a></p> <p>Model 3: Primarily misalignment of rear latch potentially damaging cable harness for rear camera, causing malfunction.</p> <p>Model S: Primarily issue with front trunk latch, potentially causing blockage of front view while driving.</p> <p>While it's no news Tesla has been criticized for quality and safety concerns, I wonder if this large scale recall will affect stock sentiment. Are there more undiscovered issues, or is this yet another "growing pain"?</p> <p>As one of the most prolific and active stocks with one of the highest PE ratios, perhaps the reaction (or lack thereof) will help measure the risk tolerance of current holders.</p> <p>Elon has just recently sold another $1B of stock prior to the news (scheduled). This should complete $10B of selling over the past 2 months in anticipation for his imminent $11B tax bill.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/jammerjoint"> /u/jammerjoint </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/rsw14v/tesla_recalls_475000_vehicles_over_safety_issues/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/rsw14v/tesla_recalls_475000_vehicles_over_safety_issues/">[comments]</a></span>Kind Regards R
Kind Regards R