Tesla Model S Fire Affects Automaker's Stock Price, Image
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Tesla Model S Fire Affects Automaker's Stock Price, Image
Tesla Model S Catches Fire, Stock Price Sinks
A Tesla Model S all-electric luxury sedan caught fire outside of Seattle after a collision with an unknown metallic object on Tuesday, the first such incident recorded to our knowledge. The Associated Press reports that the fire began in the vehicle’s battery pack, mounted beneath the passenger compartment floor, which created challenges for firefighters attempting to douse the flames. The Model S uses a large liquid cooled lithium-ion cell that uses similar chemistry to the batteries used in laptop computers.
The car’s alert system signaled a problem and instructed the driver to pull over safely, which he did. No one was injured, and the sole occupant had sufficient time to exit the vehicle safely and call the authorities. Subsequently, 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. All indications are that the fire never entered the interior cabin of the car. It was extinguished on-site by the fire department.
We assume a lengthy examination will follow, as this could potentially be a make or break issue for the company if the vehicle is found to be at fault. Remember, there’s no gasoline involved here and lithium-ion batteries already have a reputation for running hot and catching fire. Boeing’s 787 Dreamliner was grounded soon after its inaugural flights earier this year because of electrical fires traced to the plane’s lithium-ion batteries.
Not coincidentally, Tesla stock dropped by $12.05 to close Wednesday’s trading at $180.95. Update: Tesla shares were at $174.20 late in the trading day on Thursday, which represents a further 3.8 percent drop in value.
According to a report issued by the Kent Fire Department Regional Fire Authority obtained by the International Business Times, the water initially used to put out the blaze apparently fueled the flames, which prompted firefighters on the scene to instead use a dry chemical. After finding the battery pack still on fire, the report says first responders,”had to puncture multiple holes in the pack to apply water to the burning material in the battery,” subsequently cutting open the vehicle’s frame in order to extinguish it.
Fortunately the ensuing blaze was said to be limited to the car’s front trunk space and no injuries were reported.
http://www.forbes.com/sites/jimgorze...k-price-drops/
A Tesla Model S all-electric luxury sedan caught fire outside of Seattle after a collision with an unknown metallic object on Tuesday, the first such incident recorded to our knowledge. The Associated Press reports that the fire began in the vehicle’s battery pack, mounted beneath the passenger compartment floor, which created challenges for firefighters attempting to douse the flames. The Model S uses a large liquid cooled lithium-ion cell that uses similar chemistry to the batteries used in laptop computers.
The car’s alert system signaled a problem and instructed the driver to pull over safely, which he did. No one was injured, and the sole occupant had sufficient time to exit the vehicle safely and call the authorities. Subsequently, 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. All indications are that the fire never entered the interior cabin of the car. It was extinguished on-site by the fire department.
We assume a lengthy examination will follow, as this could potentially be a make or break issue for the company if the vehicle is found to be at fault. Remember, there’s no gasoline involved here and lithium-ion batteries already have a reputation for running hot and catching fire. Boeing’s 787 Dreamliner was grounded soon after its inaugural flights earier this year because of electrical fires traced to the plane’s lithium-ion batteries.
Not coincidentally, Tesla stock dropped by $12.05 to close Wednesday’s trading at $180.95. Update: Tesla shares were at $174.20 late in the trading day on Thursday, which represents a further 3.8 percent drop in value.
According to a report issued by the Kent Fire Department Regional Fire Authority obtained by the International Business Times, the water initially used to put out the blaze apparently fueled the flames, which prompted firefighters on the scene to instead use a dry chemical. After finding the battery pack still on fire, the report says first responders,”had to puncture multiple holes in the pack to apply water to the burning material in the battery,” subsequently cutting open the vehicle’s frame in order to extinguish it.
Fortunately the ensuing blaze was said to be limited to the car’s front trunk space and no injuries were reported.
http://www.forbes.com/sites/jimgorze...k-price-drops/
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I hope nobody goes off the deep-end and calls these vehicles unsafe and a danger to the public. Because as far as I can recall, regular gas powered vehicles also catch on fire.
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Kinda neat follow-up to the event on the behalf of Tesla.
http://www.teslamotors.com/blog/model-s-fire
http://www.teslamotors.com/blog/model-s-fire
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haha, exactly. ugh im dreading the electric car, its a great idea dont get me wrong. instant torque, could possibly have a motor for each wheel but i dont want to give up my manual shifting. (i know its going to be a LONG time but you already see how automatics are killing them off and now the electric car)
#12
Wow. That follow up was pretty well written. I think the gross extrapolation of fire probability at the end of their response is childish though. Still pretty good of them overall. Saving face while serving the shareholders.
#14
Have fun driving your bomb. I will too
#16
Wow that looks bad.
Wonder what the owner thinks: http://www.motorauthority.com/news/1...will-buy-again
Owner Robert Carlson wrote an email in response to contact by Tesla's vice president of sales and service, Jerome Guillen, saying he found the car had "performed very well under such an extreme test. The batteries went through a controlled burn which the internet images really exaggerates."
What an idiot, he's lucky to have made it out alive! I mean had he driven a normal car:
...typical gasoline car only has a thin metal sheet protecting the underbody, leaving it vulnerable to destruction of the fuel supply lines or fuel tank, which causes a pool of gasoline to form and often burn the entire car to the ground. In contrast, the combustion energy of our battery pack is only about 10% of the energy contained in a gasoline tank and is divided into 16 modules with firewalls in between. As a consequence, the effective combustion potential is only about 1% that of the fuel in a comparable gasoline sedan.
But seriously, why are people on this thread even having this conversation. Of course you know this. Of course the media knows this. Has politics and personal bias really dumbed down people to this level?
Wonder what the owner thinks: http://www.motorauthority.com/news/1...will-buy-again
Owner Robert Carlson wrote an email in response to contact by Tesla's vice president of sales and service, Jerome Guillen, saying he found the car had "performed very well under such an extreme test. The batteries went through a controlled burn which the internet images really exaggerates."
What an idiot, he's lucky to have made it out alive! I mean had he driven a normal car:
...typical gasoline car only has a thin metal sheet protecting the underbody, leaving it vulnerable to destruction of the fuel supply lines or fuel tank, which causes a pool of gasoline to form and often burn the entire car to the ground. In contrast, the combustion energy of our battery pack is only about 10% of the energy contained in a gasoline tank and is divided into 16 modules with firewalls in between. As a consequence, the effective combustion potential is only about 1% that of the fuel in a comparable gasoline sedan.
But seriously, why are people on this thread even having this conversation. Of course you know this. Of course the media knows this. Has politics and personal bias really dumbed down people to this level?
Last edited by jimmy169; 10-18-2013 at 11:23 AM.
#20
Unless you use wind/solar panel/nuclear/geothermal energy.
Last edited by SantosFletcher; 10-31-2013 at 10:23 AM.