Tesla Recalls 30,000 Model X Cars, Shares Hit 2-Year Low

A Tesla Model X electric vehicle in a picture illustration taken in Moscow on July 23, 2020. Evgenia Novozhenina/Reuters

WASHINGTON—Tesla Inc. recalled nearly 30,000 Model X cars in the United States over an issue that may cause the front passenger air bag to deploy incorrectly, sending its shares down nearly 3 percent on Friday to their lowest in nearly two years.

The air bag could deploy incorrectly in certain low-speed collision events where a young front seat passenger is unbelted and out of position, increasing the risk of injury, the company said in a filing with U.S. regulators.