Tesla (TSLA) to recall 218k vehicles, NHTSA
Tesla's decision to recall 218,000 vehicles, as reported by the NHTSA, raises concerns about potential impacts on its reputation and sales.
Spanish S&P Global Composite PMI (Apr) 48.7 (Prev. 52.4)
EUROPEAN OPEN: AMD surges as data centre growth drives beat; IFX GY sees Q3 revenue above estimates on AI spending; NOVOB DC tweaks outlook as Wegovy sales beat; BMW GY beats expectations, confirms guidance; DGE LN sales beat despite US weakness
Tesla (TSLA) to recall 218k vehicles, NHTSA
European Movers: Novo Nordisk (NOVOB DC) +6.9%, BMW (BMW GY) +5.3%, Diageo (DGE LN) +5.1%, Zalando (ZAL GY) +4.4%, Continental (CON GY) +2.8%, Infineon (IFX GY) +1.7%, Ahold Delhaize (AD NA) -4.1%, Equinor (EQNR NO) -4.0%
US Ambassador Puzder wants the US-EU trade agreement to be agreed on before July, Bloomberg TV
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This move could lead to short-term volatility in TSLA's stock price, particularly if investors perceive this as indicative of deeper quality control issues. Watch for potential market reactions from peers in the automotive sector, especially if more recalls are anticipated.
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