Tesla to recall 53,000 cars of Model S, Model X over parking brake issue

Tesla Inc said on Thursday it would recall 53,000 of its Model S and Model X cars globally to fix a parking brake issue.

Shares of the US luxury electric car maker were down nearly 1 percent at $302.77 in afternoon trading, following its biggest ever recall.

Tesla's total production for 2016 was 83,922 vehicles and included both Model S and Model X.

"The electric parking brakes installed on Model S and Model X vehicles built between February and October 2016 may contain a small gear that could have been manufactured improperly by our third-party supplier," Tesla said in a statement on its