Tesla Recalls Cars In China. What You Should Know.


Source: barrons.com barrons.com

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People look at Tesla Model 3 cars in a Tesla showroom in Beijing Greg Baker/AFP via Getty Images Electric-vehicle pioneer Tesla is recalling about 30,000 vehicles in China. When a car is recalled , the consequences for drivers are obvious. Implications for investors, however, are a little harder to define. Most of the time, automotive recalls are part of doing business and don’t affect stock prices. That should be the case for Tesla (ticker: TSLA) this time around unless the recall grows. The Chinese recall is linked to a suspension issue, specifically the “front suspension aft link and rear suspension...