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Elon Musk's Tesla Recalls Over 46,000 Cybertrucks Due To Safety Concerns - Tesla (NASDAQ:TSLA)

1. Tesla recalls 46,096 Cybertruck vehicles due to safety panel issues. 2. Defect may detach while driving, posing road hazards. 3. Tesla accounted for 21% of U.S. vehicle recalls in 2024. 4. Cybertruck deliveries halted previously due to similar safety concerns. 5. Stock fell nearly 2% in premarket trading following the recall announcement.

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FAQ

Why Bearish?

The recall indicates ongoing quality control issues, impacting investor confidence similar to past recalls.

How important is it?

The article highlights a significant recall affecting Tesla's product reputation and sales projections.

Why Short Term?

Immediate market reaction to recalls often shows short-term volatility; past recalls affected stock price quickly.

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