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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Tesla, Inc.    TSLA

TESLA, INC.

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Tesla issues two recalls covering 9,500 U.S. vehicles: NHTSA

11/25/2020 | 07:26am EST
FILE PHOTO: A Tesla Model X is shown at a Tesla service center in Costa Mesa, California

WASHINGTON (Reuters) - Tesla Inc is issuing two recalls covering about 9,500 vehicles for roof trim that may separate and bolts that may not have been properly tightened.

The larger recall covers 9,136 Model X cars from the 2016 model year, the National Highway Traffic Safety Administration (NHTSA) said https://static.nhtsa.gov/odi/rcl/2020/RCLRPT-20V710-9316.PDF on Wednesday.

NHTSA said the front and spine cosmetic roof trim may have been adhered without first using primer, and one or both pieces of trim may separate from the vehicle while it is being driven.

Tesla said in documents filed with the agency it learned in September of an event involving a 2016 Model X that prompted a company investigation into the root cause and frequency of the condition that could create a road hazard for motorists behind the vehicle.

Tesla will inspect the recalled vehicles and apply a retention test. If they fail, Tesla will apply primer to remedy the condition.

The other recall covers 401 2020 model year Tesla Model Y vehicles with bolts connecting the front upper control arm and steering knuckle that may not have been properly tightened. Due to the inadequate tightening, NHTSA said the upper control arm could detach from the steering knuckle.

Tesla said it recently learned of three vehicle repairs where the upper control arm had separated.

It said vehicles would be inspected for proper torque and if necessary, would be adjusted.

Tesla said it was not aware of any accidents or injuries tied to either recall.

(Reporting by David Shepardson in Washington and Subrat Patnaik in Bengaluru; Editing by Arun Koyyur and Bernadette Baum)


© Reuters 2020
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Financials (USD)
Sales 2020 30 943 M - -
Net income 2020 1 316 M - -
Net cash 2020 5 302 M - -
P/E ratio 2020 625x
Yield 2020 -
Capitalization 783 B 783 B -
EV / Sales 2020 25,1x
EV / Sales 2021 17,1x
Nbr of Employees 48 016
Free-Float 80,0%
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Tesla, Inc. Technical Analysis Chart | TSLA | US88160R1014 | MarketScreener
Technical analysis trends TESLA, INC.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
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Mean consensus HOLD
Number of Analysts 37
Average target price 508,07 $
Last Close Price 826,16 $
Spread / Highest target 15,0%
Spread / Average Target -38,5%
Spread / Lowest Target -87,3%
EPS Revisions
Managers and Directors
NameTitle
Elon Reeve Musk Chief Executive Officer & Director
Robyn M. Denholm Chairman
Zachary Kirkhorn Chief Financial Officer
Kimbal Musk Director
Ira M. Ehrenpreis Independent Director
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