Stocks of Tesla fell by 6% down $12.05 to close at $180.95) yesterday after a video hit the internet showing one of its Model S cars bursting into flames while driving down Rte. 167 in Washington State.
According to trooper Chris Webber, the fire, which severely damaged the front end of the $70,000 car was triggered after the motorist a “large metal object on the road collided with its battery pack on the road.
According to the police report, the Tesla’s driver said he hit some debris and pulled off the road to check for damage. However, once he got out, he smelled something burning and suddenly the car burst into flames.
Firemen continued to battle the flames for sometime before they were finally able to extinguish it completely, as the flames kept re-igniting. Although Webber reported that he was unable to find any debris under or near the Model S, DOT workers later discovered some pieces near the crash site.
Responding to the video, Tesla Company spokeswoman Liz Jarvis-Shean tried to reassure consumers by stating that “there were no indications that the fire was caused by anything other than the collision.”
Note: The Tesla Model S was recently added to Hertz's “Dream Team” rental car fleet. For more information see http://www.examiner.com/article/tesla-model-s-joins-hertz-s-dream-team-r...