Standard Chartered Beats Profit Forecasts as First-Half Earnings Rise 9% 
Tech Stock Positioning Nears Neutral as Investor Rotation Enters Final Phase, Deutsche Bank Says 
Meta CEO Zuckerberg Opposes U.S. Ban on Chinese AI Models, Warns Against Overregulation 
TSMC Gradually Restarts Japan Chip Plant After Kumamoto Earthquake 
Air Liquide Q2 Sales Growth Tops Forecast as Electronics Business Drives Strong Performance 
TeamViewer Shares Fall Despite Profit Growth as ARR and Customer Base Decline 
Seagate Stock Jumps as AI-Fueled Earnings Beat and Strong FY2027 Outlook Impress Investors 
Unilever Raises 2026 Sales Outlook After Strong Q2 Volume Growth 
Philips Shares Slide 10% Despite Earnings Beat as Weak Orders Raise Growth Concerns 
Zhongji Innolight Raises $6.8 Billion in Hong Kong IPO as AI Demand Fuels Growth 
AstraZeneca Q2 Earnings Beat Forecasts as Oncology Growth Supports 2026 Outlook 
Barclays Q2 Profit Beats Forecasts as Investment Banking Strength Offsets Higher Costs 
Zabka Shares Drop 10% as Seven & i Abandons Investment Plans 
Sika Raises 2026 Sales Outlook After Strong First-Half Results Beat Expectations 
Rio Tinto Stock Jumps as Strong Earnings, Higher Dividend and AI Metal Demand Boost Outlook 
Brown-Forman Rejects Sazerac’s $15 Billion Takeover Bid as Family Backs Independence 
Exosens H1 Profit Beats Forecasts as Defense Demand Drives Growth 
Tesla recalls a total of 134,951 cars that were previously ordered by the National Highway Traffic Safety Administration to be called back. The US regulators issued a notice to Elon Musk’s electric car company after it determined that the vehicles’ touchscreens are not fit to be used.
As per CNN Business, Tesla will recall the affected units, which are the Model S sedans that were manufactured between 2012 and 2018 and the 2016 to 2018 Model X SUVs. Initially, the EV maker did not agree with the recall notice from the NHTSA, but due to the pressures, the company finally informed Tesla owners that their cars will have to be fixed for safety issues.
Tesla reported to NHTSA
Tesla finally filed a reply to the National Highway Traffic Safety Administration’s request for the recall of almost 135,000 vehicles, and the administration welcomed the company’s move. Moreover, Elon Musk’s company wrote a message to the owners on Feb. 2 and explained that they will recall the affected models.
“Tesla has decided to voluntarily recall certain Model S and Model X vehicles built before March 2018 that are equipped with an 8GB embedded MultiMediaCard (eMMC) in the media control unit because the eMMC may malfunction due to accumulated wear,” part of Tesla’s notice reads. “If a malfunction occurs, you may experience a persistent blank center display that does not recover after restarting the touchscreen, loss of certain functionalities, and/or a vehicle alert to contact Service.”
This recall is being done to end bring closure to the investigation done by the NHTSA regarding the touchscreens. Additionally, this is also to make sure that Tesla owners will only have the best experience with the Tesla brand.
NHTSA’s decision for the recall
In any case, while Tesla recalls the vehicles already, CNBC reported that the NHTSA does not consider this compliance as an indication to end the investigation on Tesla cars. The administration reiterated that the probe is not yet over because they still have to formally close it.
The recall stemmed from NHTSA’s findings that some Tesla models have touchscreens that suddenly stop working properly. They said that since it controls the defogging systems and other safety functions, drivers are being placed at risk due to the defect.
