Tesla Motors Inc (NASDAQ:TSLA) has had its fair share of issues this year and a new one has just popped up about a Tesla Model S catching fire in France.
Tesla says that the cause of the fire in the Model S was a faulty electrical connection that was not tightened correctly. The vehicle was on a promotional tour in France when the incident took place but the three people on board were not harmed.
“Usually, these electrical connections are installed by a robot, but for this car this connection was installed manually,”said Tesla in a press statement released on Wednesday.
Tesla claims that such an incident had never occurred before and the firm did not go into details on how the connection caused the fire. Tesla was investigated by the US government in 2013 after two Tesla Model S cars caught fire but the investigation was closed after the company replaced the vehicles.
On to some good news about the Models S, the company revealed a new P100D version of the Model S as well as the Model X. The highly anticipated Model S P100D is said to achieve impressive speeds of 0-60 MPH in 2.5 seconds when the Ludicrous mode is activated.Tesla claims that the vehicle will be the fastest production car in the market.
“The fastest accelerating production car in the world is an electric car. I think this sends a great message to the public about the future of transportation.” said Elon Musk a few weeks ago.
The first shipments of the P100D variants were released earlier this week and DragTimes has already managed to test one Model S and confirmed that it does indeed hold up to the claims.
Tesla’s stock closed at $200.42 during the latest trading session with a trading volume of 3.09 million shares. The stock registered a positive performance and improved by $4.01 equivalent to 2.04% compared to the performance in the previous trading session.