Tesla Inc TSLA shares are trading lower by 3% at $605.43 Wednesday afternoon after the company recalled some Model 3 and Model Y vehicles in the U.S. over the risk of loose bolts.
Tesla is a vertically integrated sustainable energy company that also aims to transition the world to electric mobility by making electric vehicles. Tesla also sells solar panels and solar roofs for energy generation plus batteries for stationary storage for residential and commercial properties including utilities.
See Also: Musk: Tesla's 'Biggest Challenge' Is Supply Chain, Says It's Short-Term Issue
The Tesla Roadster debuted in 2008, Model S in 2012, Model X in 2015, Model 3 in 2017 and Model Y in 2020. Global deliveries in 2020 were 499,647 units.
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