🔴 Tesla is trading 4.04% down today after China recall covering nearly three million vehicles

Tesla is trading now 4.04% down at €298.90 after a voluntary China recall covering nearly three million vehicles.

• The recall addresses electronic door-handle functionality in severe collisions and driver-monitoring systems through over-the-air software updates, raising fresh regulatory and operational concerns.
• The decline follows Tesla’s strong August 21 rally after Nevada approved commercial robotaxi operations, prompting profit-taking.
• The move is company-specific rather than a broad-market selloff.