Tesla risks ‘clearly remain’ after self driving recall, says Wells Fargo

Wells Fargo analyst Colin Langan says Tesla’s recall of around 363,000 vehicles equipped with full self driving has little financial impact. However, "risks clearly remain" as National Highway Traffic Safety Administration’s other investigations are ongoing, the analyst tells investors in a research note. Wells believes more actions could be announced in the mid-term and keeps an Equal Weight rating on Tesla shares with a $150 price target.