The Zhitong Finance App learned that on Friday, Tesla (TSLA.US) continued its recent decline. As of press release, it had fallen 1.5%. The stock did not perform well in July, and the cumulative stock price fell by more than 27%. According to the news, after several drivers complained about the sudden suspension failure of Tesla brand vehicles, the US Auto Safety Supervisory Authority has launched an investigation into Tesla's best-selling electric model in the US market. This latest investigation by US regulators comes at a time of a surge in Tesla car sales in Europe and a marked surge in FSD (fully automated driving software platform) subscription adoption in North America.
Zhitongcaijing · 3d ago
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The Zhitong Finance App learned that on Friday, Tesla (TSLA.US) continued its recent decline. As of press release, it had fallen 1.5%. The stock did not perform well in July, and the cumulative stock price fell by more than 27%. According to the news, after several drivers complained about the sudden suspension failure of Tesla brand vehicles, the US Auto Safety Supervisory Authority has launched an investigation into Tesla's best-selling electric model in the US market. This latest investigation by US regulators comes at a time of a surge in Tesla car sales in Europe and a marked surge in FSD (fully automated driving software platform) subscription adoption in North America.
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