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VisitMarket response to Tesla Cybertruck recall handling by end of 2024
Significant rise in stock price • 33%
Moderate rise in stock price • 33%
No change or decline in stock price • 34%
Tesla stock closing prices and financial news analysis
Tesla Recalls All Cybertrucks Over Faulty Accelerator Pedal, Stock Declines
Apr 19, 2024, 02:15 PM
Tesla Inc. has issued a recall for all 3,878 Cybertruck vehicles that have been shipped to date, due to a potentially dangerous fault with the accelerator pedal. The U.S. National Highway Traffic Safety Administration (NHTSA) reported that the pedal pad could dislodge and become trapped by the interior trim, causing the vehicle to unintentionally accelerate and increasing the risk of a crash. The affected Cybertrucks were manufactured between November 13, 2023, and April 4, 2024. This recall comes as Tesla's stock continues its downward trend, marking its sixth consecutive decline.
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