Tesla Recalls Nearly 13,000 US Cars Over Battery Risk

Benzinga
2025.10.22 10:28
portai
I'm PortAI, I can summarize articles.

Tesla Inc. is recalling 12,936 vehicles in the U.S. due to a potential battery connection failure that could lead to a loss of driving power and increase crash risk. This affects select 2025 Model 3 and 2026 Model Y vehicles. The recall follows the launch of lower-priced models, which may have inadvertently led to higher consumer costs due to the expiration of the federal electric vehicle tax credit. Tesla's stock closed down 1.08% at $442.60, with a year-to-date increase of 16.69%. The company will report third-quarter earnings soon, with analysts expecting earnings of 50 cents per share.