Mercedes-Benz recalls 750,000 cars

Mercedes-Benz had to recall around 750,000 cars recently due to a flaw in the sunroof. The vehicles sunroofs could potentially detach from the roof and fly off, causing dangerous road hazards for other drivers. The cars that are included in the recall are the Mercedes-Benz’s C-Class, E-Class, CLK-Class and the CLS-Class that were produced between 2001 and 2011. The bonding material around the sunroofs on those models are known to deteriorate leading to the sunroof detaching from the car.

Tesla recently reached another huge milestone in terms of its market value. It’s stock jumped up by 5% and its shares closed at a record $492.14 per share which bumped up its market value to $89 billion. This put them at around $2 billion larger than the combined sum of GM’s and Ford’s market caps.

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Mercedes-Benz recalls cars because sunroof could fly off

Mercedes-Benz is recalling roughly 750,000 cars because the vehicles’ sunroofs could potentially detach and fly off, causing road hazards.

The cars include the Mercedes-Benz’s C-Class, E-Class, CLK-Class and the CLS-Class, made between 2001 and 2011. All four vehicles came with an optional sunroof, and the bonding material on those sunroofs can deteriorate. Learn more

Summary: Mercedes-Benz had to recall around 750,000 cars recently due to a flaw in the sunroof. The vehicles sunroofs could potentially detach from the roof and fly off, causing dangerous road hazards for other drivers.

Tesla’s market value zooms past that of GM and Ford – combined

For the first time, Tesla Inc’s stock market value has eclipsed the combined values of General Motors Co and Ford Motor Co.

The Silicon Valley electric car maker’s stock jumped nearly 5% on Wednesday, closing at a record $492.14 per share and elevating its market capitalization to almost $89 billion, or $2 billion larger than the sum of General Motors’ and Ford’s respective market caps of $50 billion and $37 billion. Read more

Summary: Tesla recently reached another huge milestone in terms of its market value. It’s stock jumped up by 5% and its shares closed at a record $492.14 per share.

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