Tesla issues recall, Stellantis announces cost-cutting measures
Tesla's (TSLA) stock is trading lower following a recall of nearly 2 million vehicles due to a safety issue involving the hood. The problem stems from a software flaw that may fail to detect when the hood is unlatched. Additionally, Stellantis (STLA) is looking to impose cost-cutting measures, offering buyouts to US salaried workers. Yahoo Finance autos reporter Pras Subramanian analyzes these developments and their implications. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith