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

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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.

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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)