1/14, 2:48 PM (Source: TeleTrader)
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Tesla shares drop in premarket after car recall

Tesla Inc. shares dropped in Thursday’s premarket trading.

The fall occurred after the National Highway Traffic Safety Administration forced Tesla to recall 158,000 vehicles of Model S and Model X. The decision arrived after NHSA’s recent investigation into reoccurring cases of unintentional acceleration in Tesla cars.

Tesla slid 1.27% to $843.73 at 8:50 am ET on the reports.

Breaking the News / LH