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Tesla recalls over 1.68 million vehicles in China due to safety concerns! The market value evaporated by 1.5 trillion yuan in less than a month

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Tesla has recalled over 1.68 million vehicles in China due to safety hazards! The market value has evaporated by 1.5 trillion yuan in less than a month. According to CCTV News, Tesla Motors (Beijing) Co., Ltd. and Tesla (Shanghai) Co., Ltd. recently filed a recall plan with the State Administration for Market Regulation in accordance with the requirements of the "Regulations on the Management of Defective Automotive Product Recalls" and the "Implementation Measures for the Regulations on the Management of Defective Automotive Product Recalls". Starting today, a total of 1683627 imported Model S, Model X, domestic Model 3, and Model Y electric vehicles produced between October 15, 2020 and July 17, 2024 will be recalled.
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