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StockWatch: Pressure Mounts Over Amazon’s Product Safety

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Amazon has said it will compensate customers who suffer injury or property damage from defective goods sold by independent sellers on its platform.

From the 1st of September, it will pay valid claims of up to $1,000, as the company faces mounting pressure over product safety, following a series of court cases.

Tesla remains hampered by disappointing sales in China, as sales were down nearly 70% in June.

Will this affect the share price from rocketing back up to $1000?

Timestamps:

  • AMZN 02:25
  • TSLA 03:55

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