Tesla Model S (NASDAQ:TSLA) Catches Fire in France, Burns to Ground
A Tesla (NASDAQ:TSLA) EV (electric vehicle) caught fire during a promotional tour in southwest France, and those aboard escaped unharmed.
A brand new Tesla Model S abruptly caught fire while prospective buyers were test-driving it as part of a event organized by the company. A low-resolution photo of the car burning to the ground was published earlier today on Reddit by a user who received it via WhatsApp.
Tesla said in a statement that it is “working with the authorities to establish the facts” about Monday’s fire in Bayonne.
The driver was quoted in local newspaper Sud Ouest as saying he answered a Facebook (NASDAQ:FB) ad offering test drives of the Model S sedan. The driver said he saw smoke, and the 3 people aboard got out before seeing it catch fire.
Regional administration spokesman Patrice Abbadie said Tuesday that nobody was hurt and no property was damaged.
The US government investigated Tesla in Y 2013 after 2 fires in Model S sedans, but closed the investigation after Tesla raised the cars’ suspensions and added a titanium shield to protect their volatile lithium-ion batteries.
The company is aware of the incident, and it has already opened an investigation to find the cause of the fire, but it has not come to a conclusion yet. The vehicle was completely destroyed.
|NASDAQ:TSLA||224.63||16 August 2016||-0.96||225.49||227.19||223.41||1,758,043|
|HeffX-LTN Analysis for TSLA:||Overall||Short||Intermediate||Long|
|Neutral (0.05)||Neutral (0.09)||Neutral (-0.23)||Bullish (0.28)|
Latest posts by Paul Ebeling (see all)
- Anti-Trump Demonstrators Camp Out at Goldman Sachs (NYSE GS) - January 17, 2017
- 2017 Arizona Concours d’Elegance Winners - January 17, 2017
- LTN’s Feature Stock of the Day: Bank of New York Mellon Corp. (NYSE:BK) - January 17, 2017