Model S Burns, Tesla Stock Dives
Electric car went up in flames after collision
By Rob Quinn, Newser Staff
Posted Oct 3, 2013 3:15 AM CDT
Updated Oct 3, 2013 7:42 AM CDT
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(Newser) – Electric car company Tesla was jolted by a 6% dive in its share price yesterday after a video surfaced showing its all-electric Model S on fire near Seattle following a collision. The driver told authorities that the vehicle caught fire after he struck some metal debris on the highway, the AP reports. It took firefighters several attempts to extinguish the blaze. It is the first such incident involving the $70,000 car, which has received rave reviews and extremely high safety ratings.

"A fire caused by the substantial damage sustained during the collision was contained to the front of the vehicle thanks to the design and construction of the vehicle and battery pack," the company said in a statement. "All indications are that the fire never entered the interior cabin of the car." It's not clear whether the car's battery pack was the cause of the fire. National Highway Traffic Safety Administration investigators would normally investigate such an incident, but any probe is going to have to wait until the government shutdown ends.

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Oct 4, 2013 10:44 PM CDT
Obama stabbed her with celery?
Oct 3, 2013 9:45 PM CDT
I wonder what an incident like a fire in a new model electric car does to one's insurance rates?
Oct 3, 2013 12:26 PM CDT
Yet another electric vehicle goes up in flames. At least it didn't ignite in the owner's garage as others have, burning the car as well his home to smoldering charcoal. Although the Tesla has been generally safe, this incident proves that these vehicles, across the board, are inherently fire hazards. Is 0bama's next step to subsidize fire insurance for them? The wealthy, the only ones able to afford such cars, are to get taxpayer funds to safeguard their property from the potential infernos they own? Judging from his current actions in shutting down the government, are we to be held hostage again to support people possessing his babies, the electric cars of this nation?