Elon Musk, CEO of Tesla, has denied rumors suggesting that Tesla might invest in the struggling Japanese automaker Nissan. This denial came after a report indicated that a Japanese group was seeking to attract investments into Nissan,

Tesla said on Friday it was recalling nearly 380,000 vehicles in the United States due to a power steering assist failure that could increase steering effort, particularly at low speeds, potentially raising the risk of a crash.

Loss of power steering caused by overstressed motor drive components will require increased steering effort from driver, raising risk of crash, NHTSA says.

Tesla on Friday said it was recalling 376,000 of its electric vehicles in the U.S., due to a failure of the power steering assist feature that could make the vehicles harder to steer, particularly at low speeds,