Tesla, owned by Elon Musk, recalled nearly 30,000 Model X vehicles in t
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 fata
lities 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 mo
owing to the possibility of losing power steering assistance while dri
ving 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.
The never-ending wait for the most eagerly awaited EVs Tesla Cyb