Tesla has recalled 53,000 of its Model S, Model X cars

TESLA-STAKE-TENCENT-HOLDINGS

Tesla Inc has recalled 53,000 of its Model S and Model X cars for parking brake issue, according to a statement on its website on Thursday.

Shares of the U.S. luxury electric car maker dropped 1.3 percent to $301.50 in afternoon trading. (http://bit.ly/2ovjTzb)

(Reporting by Narottam Medhora in Bengaluru; Editing by Shounak Dasgupta)