Tesla shares plummeted on Tuesday after the National Highway Traffic Safety Administration (NHTSA) announced that it recalled almost two million Tesla cars in the US.
Earlier, the NHTSA said the vehicles had problems with the hood latch assembly. Some models affected are the 2021-2024 Model 3, Model S, Model X, and 2020-2024 Model Y series.
At 1:46 pm ET, Tesla shares went down by 4.01% to sell for $222.78.
