Tesla Motors is confirming that for the third time in less than two months a Model S electric car has caught fire after an accident and burned. The news first surfaced on the Tesla Motor Club website on Wednesday and after photos were posted on Instagram and the word spread, Tesla Motors stock, which has been buffeted recently, declined again, -6% in early trading today. The fire occurred in Smyrna, Tennessee, coincidentally about four miles from where Nissan assembles the Leaf EV. Police suggest that running over a piece of metal debris, the same cause of one of the earlier Model S fires, may have been the cause of the blaze. (Read More…)
Tag: Car fires
Reports from unnamed sources critical of competitors are not the most reliable, but Pete DeLorenzo says according to his sources within the auto industry a design shortcoming is the reason why the batteries in two Tesla Model S cars have recently started fires following collisions. Presumably DeLorenzo’s source or sources are within General Motors because they compare the way the battery pack is housed in Tesla to the way the Chevy Volt does it. Tesla CEO Elon Musk has stressed how his company protects the battery pack with 1/4″ thick armor plating underneath the car, but DeLorenzo’s source says that is essentially a band-aid solution to the fact that the battery pack itself has only a single protective shield, compared to the three layers of wrapping that the Volt’s battery pack has. (Read More…)
A second Tesla Model S has burned following an accident, this time near Merida, Mexico. Tesla Motors issued a statement saying the customer was unhurt after crash in which the Model S hit a concrete barrier. The accident occurred on October 19 according to local news reports that say that the luxury electric car was speeding and “hit a raised pedestrian crossing and briefly took flight before crashing into a wall and tree.” Photos and video posted of the crash’s aftermath show the front end damaged and flames burning the car.
In an e-mailed statement, the National Highway Traffic Safety Administration said that it has decided against launching a formal investigation into the Washington state fire early this month involving a Tesla Model S. The electric car ran over some metal debris that punctured the front battery pack, sparking the fire. NHTSA said that it found no evidence of violations of federal motor vehicle safety standard or that the fire resulted from a vehicle defect. (Read More…)
The price of Tesla Motors stock took a double hit this week as an influential analyst downgraded the company’s investment potential almost simultaneously with the viral spread of a Model S electric car burning in Washington state after running over metal debris in the road. On Wednesday morning, the Robert W. Baird company changed its rating on shares of Tesla from “Outperform” to “Neutral”. Around the same time Wednesday, Jalopnik posted a cellphone video of the burning Model S. As the video spread throughout the online automotive community and Baird analyst Ben Kallo’s report spread through the financial community, Tesla stock prices declined all day on Wednesday, finally finishing down 12.05 at $180.95 on volume that was higher than average for the stock. (Read More…)
After photos were published of a Tesla Model S in Washington state burning following a collision, with a subsequent 9.1% dip in the price of Tesla stock, the company issued a statement. The car, “collided with a large metallic object in the middle of the road, causing significant damage to the vehicle,” the EV startup said. For the day, Tesla shares fell 6.2 percent, or $12.05, to close at $180.95 in New York trading on Wednesday. The decline was biggest one day drop in Tesla’s stock price since July 16. Analysts attributed the steep decline on their opinion that the stock was already overvalued, making it susceptible to any bad news.
Issues about fire safety continue to affect the Jeep brand as the U.S. National Highway Traffic Safety Administration announced today that it is opening an investigation into 146,000 2012 model year Grand Cherokees, after receiving reports from three consumers who say that the headliners of their cars caught fire near the passenger side sun visor.
“The customers reported a burning odor and visible smoke coming from the headliner while the vehicle was being driven. This was followed by flames from the headliner itself. Customers lowered the windows in an effort to clear the smoke but this increased the fire’s intensity. All three vehicles had to be extinguished with a fire extinguisher or by the fire department as they continued to burn after the vehicle was turned off . The fire also caused the sunroof to shatter in one incident, and in another, the fire spread to the passenger seat when the burning sun visor fell onto the seat. In each case, the incident resulted in the vehicle being inoperable requiring it to be towed to the dealership.”
The EU Commission has provisionally sided with France in that country’s decision to stop the sale of new Mercedes-Benz cars because of Daimler’s decision to continue to use R134a refrigerant in it’s HVAC systems. The EU has banned R134a out of concerns for global warming. The only available replacement that meets the new regulations is R1234yf, made by Honeywell, and Mercedes-Benz has insisted that their tests show that the new refrigerant is dangerously flammable and could start an underhood fire under certain conditions. The provisional ruling could be a problem for Daimler in other EU countries.
It hasn’t gotten nearly as much attention as the handful of early production Tata Nanos that caught fire, or the Ferrari 458 recall, also for fire safety issues, or the newly expanded investigation into Jeep Wranglers burning, and certainly not nearly the attention given the near non-event with that one crash tested Chevy Volt, but BMW appears to have a corporate wide fire problem with turbocharged models that has now resulted in recalls of BMW, MINI and Rolls-Royce vehicles. (Read More…)