US Stock Market Move | Tesla, Inc. (TSLA.US) falls over 4% as fatal Texas accident reignites FSD safety controversy.

date
22:51 23/06/2026
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GMT Eight
On Tuesday, Tesla (TSLA.US) fell more than 4%, closing at $386.73.
On Tuesday, Tesla, Inc.(TSLA.US) fell more than 4%, to $386.73. On the news side, the National Highway Traffic Safety Administration (NHTSA) announced that a special investigation into a fatal collision involving Tesla, Inc. Model 3 has been launched. The accident occurred on the evening of June 19th, when a Tesla, Inc. Model 3 veered off the road in Katy, Texas and crashed into the front hall of a brick house at high speed, resulting in the death of 76-year-old Martha Avila, who was inside the house and was airlifted to the hospital but did not survive. However, in terms of sales data, after experiencing a year-long sales downturn, Tesla, Inc. is seeing a strong recovery in the European market. The latest data from the European Automobile Manufacturers Association (ACEA) shows that in May, Tesla, Inc. registered 28,610 new vehicles in the European Union, the UK, Iceland, Liechtenstein, Norway, and Switzerland, doubling year-over-year; in the EU market alone, 21,767 vehicles were sold, a 152.4% increase over the same period. This is the fourth consecutive month that Tesla, Inc. has seen year-over-year sales growth in the European market. Analysis points out that this rebound is more influenced by external factors. In March 2026, a military conflict between the US and Israel in Iran led to a sharp rise in gasoline prices in Europe, prompting consumers to accelerate their shift to electric vehicles. In the first quarter of 2026, the market share of pure electric vehicles in Europe reached 20.1%, a historic high, compared to 13.2% for the same period in 2025. At the end of 2025, Tesla, Inc. introduced the lower-priced Model 3 Standard Range (starting at 37,970 in Germany) in Europe, and began deliveries in early 2026, to some extent opening up the market space for price-sensitive consumers.