Tesla's Recalling Over 350,000 Vehicles: Should You Hit the Brakes on Tesla Stock?
Tesla (NASDAQ: TSLA) is recalling more than 350,000 vehicles equipped with its driver-assist software in response to government concerns that the system could cause crashes.
The fix, at first glance, appears relatively straightforward. But it involves software that Elon Musk said last year was "essential" to the company's survival. And it could open the door to further questions surrounding Tesla's Autopilot systems.
There is no reason for investors to make a "sell" decision based on the headlines, but this is a situation that Tesla shareholders need to monitor closely in the quarters to come.
Source Fool.com