Tesla falls into negative territory after recalling +360K vehicles in the U.S.
Justin Sullivan

Tesla (NASDAQ:TSLA) will recall 362,758 vehicles due to the risk that the electric vehicle giant's full self-driving beta software could cause a crash.
The vehicles under the recall order from the National Highway Safety Traffic Administration include some 2016-2023 Model S vehicles, Model X vehicles, 2017-2023 Model 3 vehicles, and 2020-2023 Model Y vehicles that are equipped with Full Self-Driving Beta software or pending installations. The recall will be enacted through an over-the-air software update.
The NHTSA stated that Tesla (TSLA) did not agree with the agency's analysis.
Shares of Tesla (TSLA) were down 1.05% at 12:58 p.m. on Thursday after being in positive territory for most of the session.
The positive momentum on Tesla (TSLA) was already being tested on Thursday after a report indicated the electric vehicle maker terminated dozens of employees at its Buffalo, New York plant just as unionization campaign began to fire up. The organizers reportedly have filed a complaint with the National Labor Relations Board. Consumer Reports also came out with its auto brand rankings and slotted Tesla (TSLA) in 17th place out of 32 brands.