Tesla says they will be recalling $53,000 Model S and Model S vehicles built between February and October 2016 due to brake issues.
Tesla 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 U.S. 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 website.
The car maker said there had been no accidents or injuries due to the issue.
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