Tesla (TSLA) Stock Falls in Premarket After Recalling Over 475k Vehicles for Camera, Latch Issues

Shares of Tesla (NASDAQ: TSLA) are down about 1.5% in pre-open Thursday after the company filed a recall of over 475,000 vehicles.

Elon Musk’s company will recall 356,309 US vehicles related to the rearview camera cable harness that may be damaged by the opening and closing of the trunk lid. This could impact the rearview camera image from displaying. Ultimately, this can raise the risk of a crash, according to the NHTSA.

In a report dated December 21, NTHSA said that Tesla is also recalling 119,009 2014-21 Model S EV units due to the issues related to the front trunk latch assembly that are misaligned. This then prevents the secondary hood latch from engaging.

In November, Tesla stock price fell after the company recalled almost 12,000 EVs due to a software issue.

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