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MarketWatch MarketPulseNov 27, 2020
NHTSA to open preliminary investigation of possible safety issues with Tesla Model S and X cars
The U.S. National Highway Traffic Safety Administration (NHTSA) said Friday it is opening a preliminary investigation of potential safety concerns relating to Tesla Model S cars made from 2015 to 2017 and Tesla Model X cars made from 2016 to 2017. "NHTSA has received 43 complaints alleging failures of the left or right front suspension fore links, including 11 incidents that occurred while driving," the agency said in a statement. "The complaints appear to indicate an increasing trend, with 34 complaints received in the last two years, and three of the incidents at highway speeds reported within the last three months." The review will seek to assess the scope, frequency and consequences of the alleged fault, said the statement. "NHTSA encourages vehicle owners to report any safety concerns to the agency at https://www-odi.nhtsa.dot.gov/VehicleComplaint/ or by calling our Vehicle Safety Hotline at 888-327-4236. Tesla said Wednesday it wasrecalling more than 9,000 Model Y and Model X vehicles over issues with bolts and, in the case of the Model X SUV, a roof trim that could detach over time, potentially causing accidents or creating a road hazard. Tesla shares were up 4.3% Friday and have gained more than 600% in 2020.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



MarketWatch MarketPulseNov 27, 2020
House to consider measure next week that could banish Chinese stocks from U.S. that don't comply with audit rules
House members could vote as early as Wednesday to boot Chinese companies with shares on U.S. exchanges if they don't adhere to audit-oversight rules. Companies such as Alibaba Group Holding Ltd. would be faced with making the transition to undergoing an annual audit reviewed by American regulators within three years or be kicked off the New York Stock Exchange or Nasdaq Stock Market. The bipartisan legislation, which requires a two-thirds majority for passage, unanimously passed the Senate in May. Chinese officials have criticized the bill, which is much harsher than a Securities and Exchange Commission proposal under consideration that would require audit inspection as a condition of continued listing on a stock exchange, but would let noncompliant companies trade over the counter.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



MarketWatchNov 27, 2020
MarketWatch Premium: 30 dividend stocks selected for value as the U.S. economy gathers steam
John Buckingham of The Prudent Speculator investment newsletter provides a special screen of stocks for MarketWatch premium subscribers.

MarketWatchNov 27, 2020
Market Snapshot: S&P 500, Nasdaq book record closes on Black Friday
U.S. stocks register gains for the day and week in thinly trade action that took both the S&P 500 and the Nasdaq Composite to record finishes, a day after the market was closed for the Thanksgiving holiday.
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