Tesla, owned by Elon Musk, recalled nearly 30,000 Model X vehicles in the US

 Due to a problem that could cause the front passenger air bag to deploy incorrectly.

As a result, its stock fell by almost 3% on Friday, reaching its lowest level in almost two years.

The risk of injury could increase if the air bag deploys improperly in specific low-speed accident scenarios

when a young front seat passenger is not buckled up and is out of place, the company warned in a regulatory filing.

According to Tesla, it is not aware of any accidents, injuries, or fatalities connected to the recall.

In a letter sent to the National Highway Traffic Safety Administration, the company stated that the issue will be fixed via an over-the-air software update.

Tesla recalled over 40,000 Model S and Model X vehicles earlier this month

 owing to the possibility of losing power steering assistance while driving on uneven roads or after hitting a pothole.

On Friday, Tesla stock reached a 52-week low of $176.55 before falling 1.6% to close at $180.19.