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

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

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.

NOW WATCH: FORMER GREEK FINANCE MINISTER: How I dealt with stress when Greece nearly defaulted

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at