The feds are looking into reports of Tesla Model S suspension issues

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William Wei, Business Insider

The National Highway Traffic Safety Administration is reviewing reports of suspension problems on Tesla Model S electric sedans, Reuters' David Shepardson reported.

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An NHTSA spokesperson told Reuters that the agency is looking into the issue and seeking additional information from Tesla and owners of the Model S.

According to Reuters, the review is a preliminary step before the agency decides whether or not to launch a formal investigation.

Tesla was not immediately available for comment.

In reaction to the news, shares of Tesla stock fell more than 2.5% in afternoon trading.

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