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Why Tesla Stock Bounced Back Today

TheMotleyFool

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Tesla (NASDAQ: TSLA) stock got rocked on Thursday, falling more than 5% on news that the company has been forced to recall 5,530 Model 3 sedans and Model Y SUVs to fix issues with how front seat belts are secured, 2,166 more Model Ys to fix issues with the backseat seat belts, and 734 Model 3s imported into China due to a combination of seat belt- and tire-related faults.

Today, Tesla stock is rebounding from yesterday's losses and gaining back 3.5% as of 11 a.m. EDT. And yet new worries are rising that could put that rebound at risk.

Image source: Getty Images.

Source Fool.com

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