From Nasdaq: 2024-06-03 09:21:00

Tesla is recalling over 125,000 vehicles due to a seat belt warning system issue that could increase injury risk in collisions. The recall affects certain Model S, X, 3, and Y vehicles. The automaker will deploy a software update in June to address the issue. This is the second-largest recall in the US this year.

In another news, Zacks experts have identified a little-known chemical company that could potentially double in value. With strong demand and earnings estimates, this company offers significant upside for investors. This stock has the potential to rival recent high performers like Boston Beer Company and NVIDIA in growth.

For investors looking for better options, stocks like Blue Bird Corporation, Oshkosh Corporation, and Geely Automobile Holdings Limited are highly recommended. These stocks have impressive sales and earnings growth forecasts for the coming years, making them strong contenders in the auto industry. It’s a good time for investors to explore these opportunities.



Read more at Nasdaq: Tesla (TSLA) Recalls 125K Vehicles to Fix Warning System