10:36 AM EDT, 08/06/2024 (MT Newswires) -- Tesla (TSLA) is conducting a remote recall of around 1.7 million vehicles in China through an over-the-air software update, Reuters reported Tuesday, citing a State Administration for Market Regulation statement.

The recall impacts imported Model S and Model X vehicles, as well as China-manufactured Model 3 and Model Y vehicles, which may fail to detect an unlocked front trunk lid, posing potential safety risks, according to the report.

Tesla did not immediately respond to MT Newswires' request for comment, while the State Administration for Market Regulation could not be reached.

TSLA shares were down 1.4% in recent trading.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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